Commercial Property
Prime Grade office rents in Raffles Place and Marina Bay up 1.2% QoQ in Q2
Prime Grade office rents in Raffles Place and Marina Bay up 1.2% QoQ in Q2
The rents averaged $10.96 per square foot per metres.
Bidding war: Developers likely to team up to bag tender for Jurong Lake District site
The tender for the master developer site will close on 26 Mar 2024.
ESR-LOGOS REIT to divest 7 non-core assets worth $337m
Six assets are in Singapore whilst one is in Australia.
Hybrid work and green movement drive Singapore office market
Savills Research asserted that whilst vacancy rates are rising, office rents remain resilient amidst evolving business landscape.
Lendlease, Optus ink multi-year tech deal
The partnership comprises three elements.
Coldplay’s 6-day concert boosts demand for accommodation in Singapore
Data from Agoda showed that searches for accommodation in the Lion City surged 8.7x.
URA launches public tender for Jurong Lake District site
The master developer site is part of the confirmed list of the 1H23 GLS programme.
CapitaLand Investment subsidiary placed under members’ voluntary liquidation
Citadines Melbourne On Bourke has ceased business operations.
CapitaLand India Trust issuing 141 million new units to raise S$150.1m
Issue price is at S$1.06 per unit, with opening date set on 30 June.
OUE C-REIT subsidiary clinches S$430m green loan for refinancing
The proportion of green loans to the REIT’s total borrowings increased to 69.6%.
Is Singapore on the path to recapture its status as a regional retail hub?
Data from Savills showed that Orchard Road rents may grow 2%-3% in 2023.
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