Commercial Property
Keppel looks to gain $114m from sale of Beijing prime site
Keppel looks to gain $114m from sale of Beijing prime site
It granted CBD Ather Center an option to buy 51% of the holding firm for $396.3m.
Industrial leasehold prices plunged to 5-year lows in Q1
Prices for 30-year leasehold properties declined 3% in 3 years.
Desker Road shophouse units to be put up for auction
It is a 2.5-storey corner unit with a mix of F&B and hotel units.
Three Liang Seah shophouses up for grabs at $30m
They are between Bugis Junction and South Beach.
House of Tan Yeok Nee up for sale at $93m
It is the last-standing mansion built by Teochew tycoons in the 19th century.
Fundraising for acquisitions slashed S-REITs' distribution per unit by 2.6%
Acquisitions have boosted S-REITs' secondary equity offerings to $2.1b.
Tuas South Link 3 site sold for $2.04m
The tender for the site concluded with one bid.
GIC enters joint venture to buy Los Angeles office campuses
It bought Water’s Edge and Playa Jefferson, which are both in Playa Vista.
Can Keppel's Saigon project repeat Sino-Singapore Tianjin Eco-City's success?
Saigon Sports City could enjoy faster turnaround time and a greater focus on smart precincts, an analyst said.
Ascendas India Trust buys 2 buildings in Hyderabad for $270m
One building will be completed by 2019 whilst the other is already 98% leased to Amazon.
Chart of the Day: CBD office supply to fall to 700,000 sqft between 2018-2020
This is expected to boost occupancy amidst a strong economic outlook.
Singapore's real estate investment in Australia ballooned 141% to US$3.5b
Singaporean investors are attracted to the country's proximity, lease structures, and market transparency that investments quadrupled in the last 7...
Capitaland to pay $569.6m for major stake in Frankfurt property
Analysts weigh in on the effects of the company's exposure in the German market.
Chart of the Day: More tenants pre-commit to rent office buildings
Marina One enjoyed the largest pre-committed space of 1.3 million sqft, equivalent to 70% of the property.
Big Box in Jurong East Regional Centre put up for sale
It has a gross floor area of 1,400,000 sqft, making it one of the largest ramp-up warehouses up for sale in recent years.
CapitaLand Commercial Trust marks European debut with planned acquisition of Frankfurt property
It is set to buy ‘Gallileo’ for $569.6m by June.
Singapore investors ramp up cross-border commercial real estate activity in Q1
Trade volumes in the Singapore to Australia routes ballooned 141% to $3.5b.
Commentary
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