Commercial Property

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.

MNACT, MCT unveil '4R' post-merger strategy

The strategy includes changes in their divestment and acquisitions plans.

MAS task force opens public consultation on 2nd Green and Transition Taxonomy 

The second version details criteria and thresholds for three sectors.

C&W Services transforms headquarters into a ‘living lab’

The new office is set to be the ground for the firm’s new facilities management technologies.

Net asset value for MCT units to increase to $1.81 after merger with MNACT 

The estimate is based on the unaudited  FY21/22 results of MNACT and MCT.

New Shaw Tower to become high-tech workspace: Lendlease

The construction of the 200-metre tower is seen to be completed in 2025.

CapitaLand Investment’s revenue rose to $598m in Q1

It increased by 16% compared to the first quarter of 2021.

Frasers Property’s attributable profit down by 42.6% in H1

It posted a $158.2m attributable profit amidst geopolitical tensions.

Prime US REIT's net income jumps 10.4% YoY to $35.28m in Q12022

The REIT's new assets, Sorrento Towers and One Town Center, contributed to the growth.

Office units in 20 Cecil Street on sale for $75.88m

The office units will be on sale until 14 June 2022.