Commercial Property

$7.5m shophouse in Jalan Besar district open for buyers: Savills

Property sale will be via expression of interest exercise until 21 July.

Ireit Global gets 12-year lease at Sant Cugat Green

The new lease is over 5,300 square metres of vacant data centre space.

200 Bukit Timah Road up for sale for $20m

The sale will be conducted via an expression of interest exercise.

CLI puts up first onshore RMB fund in China, acquires Shanghai office

It will hold a 12% stake in the RMB700m (S$144m) fund.

Lendlease, Dutch pension fund manager invest $1b for life and science assets

The investment will focus on Australia, Japan, and Singapore.

Zenity, rare riverside project, to launch in Vietnam: CLD

The launching includes foreign quotas with starting prices from $617,495.

Flexible workspace demand up by 13% in 2021

There were a total of 4,595,973 firms registered last year.

What are the pros and cons of the proposed privatisation of Frasers Hospitality Trust?

Frasers Property Ltd (FPL) is planning to acquire all of FHT’s stapled units for $0.70/unit.

Standalone island of shophouses at Club Street sells for $25.9m

It was sold as a portfolio to ABR Holdings Limited.

Lian Beng subsidiary acquires Food Empire Building for $49.25m

Cushman & Wakefield brokered the private treaty sale.

Frasers Property wants Frasers Hospitality Trust to be privatised

The proposed privatisation via trust scheme has an offer of 70 cents.

MapleTree Industrial trust divests Michigan data centre for $13.8m

It was sold to a non-interested third-party purchaser.