Commercial Property
Beblu strikes balance between traditional and high tech with Lebond workspace
Beblu strikes balance between traditional and high tech with Lebond workspace
The building’s classical exterior remains whilst its interior can be controlled using an app.
CapitaLand Investment to issue notes valued at $400m under Euro programme
The fixed rate senior notes are due in 2027 with 3.33% interest per annum.
JTC launches tender for site at Tampines North Drive
The land parcel had a committed bid price of over $7m.
Prime logistics properties up by 3% in Q1 2022
Except for outlying business park space, steady rental increases were seen.
CBD Grade A office rents climb 2.1% QoQ in Q122
By yearend, analysts expect rents to trend higher to about 5%.
National Aerated Water Building is on the market for $18.9m
Foreigners are eligible to purchase the building.
Lendlease REIT’s 2022 perpetual securities market priced at $200m
This was on the back of strong demand from investors.
Cromwell European REIT prices 1.3m new units at $3.34 each
The issuance of new units is pursuant to the REIT’s distribution reinvestment plan.
SPH REIT’s NPI rises by 0.4% to $105.3m in 1H22
The increase was driven by a gradual recovery in the operating environment.
10 Toh Guan Road East up for sale
The property will be sold via Expression of Interest (EOI).
Grade A office space average rent up 2.3% QoQ to $10.46: JLL
It is the fastest office rent growth since the second quarter of 2021.
Singapore is the world’s 3rd priciest flexible office location
The Lion City’s average cost of a private office desk space is at $834 monthly.
Retail units at Orchard Shopping Centre on sale at $90m: CBRE
The sale will end on 4 May 2022.
Frasers Property completes divestment of Sydney asset
It was sold at a consideration of $309.1m.
Frasers Property subsidiary enters agreement to engage in potential land projects in China
The subsidiary will provide $394.41m to fund the cost of the proposed investments.
Outbound commercial real estate investment surges 164% to $43.41b
Singaporean capital led Asian outbound real estate investment rebounds in 2021.
CICT acquires two Australia-based properties for $150m
The two properties are located at 66 Goulburn Street and 100 Arthur Street.
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