Commercial Property
Prime retail rents ‘stabilising’ after 2-year decline: Savills
Prime retail rents ‘stabilising’ after 2-year decline: Savills
Prime retail rents in Orchard Area rose by 0.4% in the first quarter of 2022.
ESR-Logos Reit’s trustee priced subordinated perpetual securities at $150m
The net proceeds of the issuance will be used to fund the merger.
Singtel to get net proceeds up to $1.3b from Comcentre divestment
Singtel recently partnered with Lendlease as the appointed developer.
Frasers Property Limited names new Group Head of People
Vicki Ng will begin her duty on 22 August.
Cuscaden Peak declares unconditional its mandatory cash offer to acquire SPH REIT units
It has received valid acceptances of its chain offer of an aggregate of 130,059,351 offer units.
Singtel taps Lendlease to transform its Comcentre into a $3b next-gen workplace
The redeveloped headquarters is expected to be completed in 2028.
TIAS, RICS ink MOU for construction, property management sustainability
Construction and property management account for 40% of global carbon emissions.
CapitaLand Investment raises its reduction of greenhouse gas emissions by 46%
It aims to achieve net zero by 2050.
Lendlease designates new head of data centres
Sunita Bottse has more than 10 years of experience building Tier IV data centres.
Frasers Property secures $587.9m green financing for Australian business
It is the fourth green financing for its Australian business.
CDL units sold fall 41% YoY in Q1 2021
This is due to the cooling measures implemented late last year.
Shophouses in the heart of Chinatown on sale for $53m
The shophouses have basement and attic levels along Pagoda Street.
Asia Green on sale via expression of interest
The expression of interest will close on 28 June at 3 p.m.
FLCT acquires $58.4m prime freehold commercial property in Australia
The five-storey building is located in Mount Waverley, Victoria.
Industrial building at 1 Ang Mo Kio Street 63 on sale for $27m
The three-storey building has a large loading area and car park.
First REIT mulls divestment of Siloam Hospitals Surabaya for $40.9m
The agreed property value translates to a capital gain of 143.2%
SG vs US vs UK: Whose real estate market is performing better?
A report from RealVantage said Singapore is showing no signs of easing.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform