Commercial Property
ESR-Logos Reit to hold EGM on proposed issuance of new units
ESR-Logos Reit to hold EGM on proposed issuance of new units
Unitholders will consider and pass resolutions regarding the matter.
EC World Reit’s current assets are enough to meet short-term liabilities
The short-term liabilities are worth more than $818m.
Lack of data is property leaders' top issue on reaching ESG goals
Global property professionals reveal the most impactful ESG initiatives.
10 strata office units at The Plaza on sale for $7.44m
The portfolio’s sale will be conducted via expression of interest.
CDL finally acquires Marina Estate St Katharine Docks in London
The acquisition costs $636m (£395m).
EC World REIT partially repays loans after releasing deposits from escrow
They released the deposits on 2 March and 7 March 2023.
ERA integrates OpenAI GPT-3 into its SALES+ app
The integration will allow agents to generate tenancy reminders.
Harmeet Singh Bedi takes over as Prime US REIT CEO
He began his stint as CEO on 8 March.
Ten strata shops in Cuppage Plaza on sale for $12m
The guide price will translate to $2,347 per square foot.
SG amongst top 3 markets where APAC investors plan to increase AUM
Six in 10 investors plan to increase investments in the Lion City.
Conservation shophouse at 13 Upper Circular Road up for sale
The six-storey shophouse has a guide price of $24.2m.
Keppel Land divests shares in Greenfield Development for $75.6m
The shares will go to Spring Blossom Ventures.
Hospitality segments boost property developments: UOBKayHian
City Developments Limited and Capitaland Investment reported strong results.
OUE revenue soars 63.3% in FY2022
The increase was due to higher contributions from their Hospitality division.
Logistics building at 7 Toh Tuck Link on sale for $30m
CBRE will hold its sale via a private treaty.
Singapore is 6th top market for super and ultra-prime properties
It is one of the two markets in Asia that made the top 10.
Why LBC rates of lands for commercial and industrial use did not increase
The recent rate hike ranges from 3.0% to 10.2%.
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