Commercial Property
SGX-listed Sinarmas Land gets $1.32b takeover offer
SGX-listed Sinarmas Land gets $1.32b takeover offer
Lyon Investments was offering to delist the company from SGX’s mainboard.
Office rents remain flat in Q1 with modest growth trend
Q1 marked the fourth consecutive quarter of marginal growth below 1%.
Serangoon commercial site enters market for $75m
It has a total built-up area of approximately 30,300 square feet.
Q1 prime office rents rise 1.4% YoY as firms renew and upgrade spaces
Rents held steady at $11.36 psf per month.
OUE, Tokyo Century unit to develop Hotel Indigo Changi Airport
The project is expected to be completed and fully operational by 2028.
Digital Core REIT acquires 20% stake in Osaka data centre
The data centre has a net rentable area of 193,535 square feet.
Two dental clinics and a corner HDB shophouse unit on sale via EOI
The portfolio is available for collective or individual purchase.
350 Tanjong Katong shophouse on the market for $7.98m
The two-storey property sits in the heart of Tanjong Katong’s heritage district and is fully tenanted.
JTC launches 3 industrial sites under 2025 IGLS Programme
These sites come with an extended three-year lease tenure.
GuocoLand names new group company secretary
Mary Goh Swon Ping has resigned from the role.
GuocoLand China names Keppel China EVP as new managing director
He is formerly from Keppel’s real estate division in China.
FCT to buy Northpoint City South Wing for $1.17b
It is buying all units owned by FCL Amber and Bright Bloom Capital.
Singapore amongst top APAC markets for green-certified Grade A offices
This places the city-state ahead of mature markets like Sydney (67%) and Melbourne (66%).
TEC expands portfolio with new office at Ocean Financial Centre
More centres are slated to open later this year.
Suntec REIT prices $175m 3.40% notes due 2031
Proceeds will be used for general corporate purposes.
Freehold 4-storey shophouse at Outram Road for sale at $12m
The shophouse, refurbished in 2021, has an estimated gross floor area of 4,600 sq ft on a 1,531 sq ft site.
The Bugis Collection portfolio on sale via EOI
The properties are available for bulk purchase or piecemeal acquisition.
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