Commercial Property
Starhill Global REIT secures first sustainability-linked facility for $50m
The facility will be used to finance requirements to attain green certification.
Starhill Global REIT secures first sustainability-linked facility for $50m
The facility will be used to finance requirements to attain green certification.
Mapletree Non-Executive Director of the Manager resigns
Michael Thomas Smith has resigned to pursue other interests.
Accor’s Hotel Faber Park SG offers unique experience for culture-seeking travellers
Singapore’s first Handwritten Collection hotel was inspired by the iconic Mount Faber.
Keppel releases $200m floating rate notes due 2029
This is pursuant to a $5b multicurrency medium-term note programme.
Sabana Industrial REIT files originating claim against Kleio One-Solution
The tenant occupies the properties at 33 & 35 Perjuru Lane.
PropertyGuru taps Singlife chair to lead its board of directors
Singlife’s Ray Ferguson will begin his role at PropertyGuru on 1 January 2024.
TE Capital-LaSalle JV to acquire VisionCrest Commercial
The asset has an occupancy rate of 99%.
Islandwide vacancy rates for business parks inches up to 19.5% in 3Q23
The poor take-up rate in the East Planning Region affected vacancy levels.
CDL expands UK living sector portfolio with new acquisition in Manchester
The company acquired a freehold project for $125.7m.
LHN Limited warns of lower profits for FY23
The company expects a net profit before tax of $40m.
Industrial rental growth in 2024 to be confined to the logistics sector: expert
In 3Q23, rent for warehouse and logistics properties rose by 0.6% QoQ to S$1.62 per sq ft.
Frasers Property’s attributable profit nosedives to $173.1m in FY23
In FY22, the company recorded an attributable profit of $928.3m.
Cromwell EREIT’s net property income dips 1.1% YoY to $146.7m in 9M23
The REIT attributed the decline to the absence of income from office projects under redevelopment.
Shophouse transactions fall 24.5% YoY in 9M23
Transaction value likewise fell, dropping 17.1% YoY.
How will the updated list of areas prohibiting new eateries impact the shophouse market?
Over 30 roads across 19 areas are part of the list.
CapitaLand India Trust bags 5-year construction loan of $214m
CLINT will use the loan for its Navi Mumbai data centre.
CapitaLand to manage retail spaces at Singapore Sports Hub
The company will serve as the hub’s retail operator for 6 years.
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