Commercial Property
Piccadilly Galleria relaunched for sale at $67.5m
Piccadilly Galleria relaunched for sale at $67.5m
The property was initially launched in October 2024.
MacPherson Industrial Complex sold for $103.9m
The tender for the site closed on 22 May.
Bukit Sembawang profit up 13% to $51.4m in H2
However, revenue for the period fell 24%.
Manulife US REIT secures six-month extension for asset disposal
Lenders also approved the sale of the Peachtree office building.
BHG Retail REIT posts 95% committed occupancy rate in Q1 FY2025
It reported a WALE of 2.8 years by gross rental income.
RealVantage expands into South Korea with $71m logistics investment
Construction and leasing are expected to start in Q4 2026.
Kimly unit acquires coffee shop at Yishun Ring road
The purchase consideration stood at $11m.
LHN sells Geylang Road property for $25.8m
It was sold to CWL Properties.
Hongkong Land’s Q1 2025 underlying profit ‘in line’ YoY
The group’s net debt reduced to US$4.9b.
Shophouse at MacPherson Road launched for sale at $7.8m
This is roughly $1,625 per square foot based on gross floor area.
Joo Chiat Place shophouse up for sale for $8.5m
The sale will be conducted via an Expression of Interest exercise.
FCT eyes more debt financing to fund Northpoint City acquisition
The acquisition may be financed either with or without the issuance of perpetual securities.
Lendlease sells UK assets in $250m JV with The Crown Estate
This include land holdings and land management agreements in London and Birmingham.
HPL ‘not aware’ of any undisclosed information behind share price movements
It confirms compliance with listing rules.
Garcha Group sells Duxton Reserve Singapore to Lotus One Investment for $80m
Despite the ownership change, the group will stay on to manage the hotel during the transition period.
LHN net profit up by 8.8% YoY in H1 2025
Revenue grew by 29.4% YoY to $70.6m
MTI sells three properties to Brookfield for $535.3m
Proceeds from the sale will first be used to repay debt.
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