Commercial Property

Limited supply of warehouse space post 2024 to pressure on rents

Rents for prime warehouse and logistics assets to go up 2% to 5% in 2023.

Ming Arcade sold for record S$172m: Savills

The buyer, Royal Group of Companies, plans to redevelop the site.   Family office Royal Group of Companies has purchased shopping mall Ming Arcade for...

Public tender for Trendale Tower relaunched for $168m

The property is a freehold residential site located within Cairnhill.

Offer to acquire remaining shares in Chip Eng Seng turns unconditional

Tang Dynasty Treasure plans to acquire a 51.73% stake in the company.

Frasers Property installs ThaiBev CEO to its board

Thapana Sirivadhanabhakdi will serve as a non-executive, non-independent director.

Demand for office spaces to cool down in 2023: C&W

Rents are expected to increase by 2%-4% YoY next year.

Singapore Billionaire secures stake in SGX-listed firm A-Smart

In total, the stake for Oei Hong Leong is worth $5.37m.

New economy assets to drive rental growth in the industrial property market

This property type is poised to grow by 2% to 3% in 2023.

Digital Core Reit trustee secures $428m loan facility

The facilities have a three-year term loan and a five-year term loan.

CLI names Andrew Lim as the new Group COO

Lim will take on the post on 1 January 2023.

How S-Reits are performing in ESG

Maybank said sustained efforts must be continued to improve ESG scores.