Commercial Property
Setsco Services wins tender for Jalan Papan industrial site
Setsco Services wins tender for Jalan Papan industrial site
The company clinched the site for $7m.
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.
Which prime retail submarket will post the highest rental growth in 2022?
The top submarket is poised to grow by 4.2% YoY.
CLI names Andrew Lim as the new Group COO
Lim will take on the post on 1 January 2023.
Far East Orchard acquires student accommodation property in London for $22.9m
The acquisition is slated for completion in April 2023.
How S-Reits are performing in ESG
Maybank said sustained efforts must be continued to improve ESG scores.
Yanlord Group’s total contracted pre-sales down almost 60% YoY in November
The pre-sales from units are at $739m (RMB3.8b).
Keppel Reit needs to improve trend for sustainability metrics: analyst
Its overall ESG grade is 74, which is considered above average.
CICT posts ‘above average’ ESG score for cutting carbon, water intensity
The analyst said the firm needs to improve workplace safety.
Savills brokers lease for Arena eSports Hotel at Cuppage Terrace
The 12,000-square feet hotel features battle stations for eSports competitions.
Frasers Property names new group head of sustainability
He has 20 years of experience in the real estate industry.
Frasers Centrepoint Trust reports rental uptick but not immune from higher costs
An analyst said it keeps its neutral call on the stock.
Freehold building in District 8 worth $16.88m up for sale
The sale will be conducted through an Expression of Interest (EOI) exercise.
Parkway Life Reit prices 2 senior unsecured fixed rate notes
The notes are under the $500m multi-currency debt issuance programme.
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