Commercial Property
Ascott hits record with 15,100 units signed in 2021
Ascott hits record with 15,100 units signed in 2021
It also reached the highest-ever property openings of 8,200 units.
Real estate investments climb 5.3% YoY to $25.8b in 2021
The collective sale market gained momentum in Q4, Knight Frank says.
Yanlord pre-sales dip 24% YoY to $12.7b in 2021
December 2021 pre-sales declined 16.3% YoY.
JLL welcomes new head for Logistics and Industrial Capital Markets
Pamela Siow held positions in Sabana Real Estate Investment Management and Colliers International.
Nanyang Polytechnic, Schneider Electric launch sustainability centre
This is set to help Singapore achieve its goal of 80% of buildings to be green by 2030.
Cromwell European REIT acquires 3 properties in UK and Netherlands for $88.4m
The properties have a blended NOI yield of 5.6%.
CLD acquires prime site for large-scale residential project in Vietnam
Over 3,700 homes will be developed for 13,000 units in Binh Duong New City.
Tanglin Shopping Center up for sale
Savills Singapore will serve as the marketing agent for the sale.
CapitaLand increases global sustainability challenge fund by $500,000
Over 270 entries were received from more than 25 countries.
Far East Hospitality Trust to divest Central Square for $313.2m
A potential incentive fee of up to $18m may be applied.
FLCT divests leasehold property in Port Melbourne for $41.7m
It represents a premium to the property’s book value of approximately $20.6m.
CityDev acquires Central Square for $315m
The move will be part of the redevelopment of the Central Mall properties.
CICT to acquire two Grade A offices in Australia for S$330.7m
The acquisition is expected to be completed in the first quarter of 2021.
Manulife US REIT prices private placement at $0.89 per unit
About 154.1 million units will be issued under the private placement.
HSBC Institutional Trust Services accomplishes disposal of Plot 1 Assets for $103.6m
This is in connection with the proposed redevelopment of 1 Science Park Drive.
Frasers' Sing He Xiang participates in $337m joint venture
It will also enter a loan agreement worth $210.6m.
OFFICE WATCH: What attracted Amazon to build a den in the Lion City?
The 100,000-sq.-ft.-office was built to spur collaboration, inside and outside the company.
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