Commercial Property
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.
What do the latest amendments to the 2019 Master Plan entail?
The HDB proposed changes on six sites.
SG’s office market hit by increasing vacancy pressure
A CBRE report showed that vacancy may hit around 10% by the end of 2023.
Hongkong Land unveils 10 planned retail developments in China
Its Shanghai West Bund Financial Hub will have a total development area of 1.1 million sqm.
Flex spaces to increase foothold in Singapore’s office market
As of Q123, flex spaces already consist of about 10% of the total office stock in the Lion City.
Shophouse at 22 Temple Street up for sale
The property has a floor area of 3,423 square feet.
MUST’s fifth-largest tenant terminates lease at 500 Plaza Drive in New Jersey
The tenant has already paid MUST a termination fee of US$4m.
Prime ground floor retail units at Peninsula Plaza for sale: CBRE
The expression of interest for the three retail units will close on 11 July at 3 pm.
Three adjacent strata office units at SBF Center for sale
The prices of the units range from $2.25m to $2.44m.
Digital Core REIT warns of lower DPU following US bankruptcy filing of 2nd-largest tenant
Cyxtera represents 22.4% of the REIT annualised rental revenue.
IREIT Global enters call option deal to acquire 17 retail properties in France
The acquisition is about €76.8m ($112.2m).
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