Commercial Property
First Sponsor raises $244m from oversubscribed rights issue
It issued the securities for $1.08 piece.
Sanli Environmental sells leasehold property for $5.3m
The company said that the property cannot accommodate its expanding operation.
Samsung Hub office unit sells for $14.8m
This is equivalent to $4,117 per sq ft.
COTD: Office rent growth remains flat in Q3 2024 amidst rising vacancies
Overall CBD Grade A office vacancy rate rose to 8.3% in Q3.
NTS opens new facility at 21B Senoko Loop
It was completed in partnership with ESR-LOGOS REIT.
GIC divests 50% of Westfield Whitford City to JY Group for A$195m
The acquisition marks JY Group's first joint venture with Scentre Group.
Developers show renewed confidence as Tampines Street 94 draws six bids
The highest bid was $668.3m.
Tampines Street 94 attracts six bids
The top bid was from Hoi Hup Realty and Sunway Developments.
Sabana REIT reviews unitholders’ updated proppsals
The unitholders are pushing for an EGM to consider certain resolutions.
Singapore’s most notable real estate agents under 40 of 2024
Realtors in the mixed-used market are at the top of the list, taking six spots.
LMIR Trust to install solar PV panels in three Indonesian malls
It is expected to reduce over 44,893 tonnes of carbon emissions.
Brilliance Capital offers freehold two-storey shophouse for $8.88m
It is up for sale via EOI.
Gov't offers GFA bonus to encourage adoption of District Cooling systems
Owners may either install a new system or make use of an existing one.
GARBE opens first office outside Europe in Singapore
They have appointed Chenhui Xia as managing director.
Starhill Global REIT to refinance medium-term notes issued by Malaysian SPV Ara Bintang Berhad
The refinancing was completed by issuing new five-year RM500m Fourth Senior Medium-Term Notes.
ESR fully leases Phase 1 of Suvarnabhumi industrial park
Phase 1 measures 363,000 square metres.
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