Commercial Property

CDL admits IPO application for S-Reit with UK assets

CDL admits IPO application for S-Reit with UK assets

The company said that relevant applications have been made to regulatory authorities.

SPH subsidiary issues £83m notes on The International Stock Exchange

Privilege Midco Limited, a UK-based wholly-owned subsidiary of SPH, issued all of its notes to its sole shareholder.

Proptech firm LOL Interactive launches online mortgage platform

The firm plans to use the Singapore launch as a stepping stone to Southeast Asian markets.

MNACT issues maiden $250m perps at 3.50% interest rate

Mapletree North Asia Commercial Trust has priced $250m of perpetual securities at 3.50%.

CapitaLand fully acquires DLSP-Ascendas for $103m

DLSP-Ascendas holds Dalian Ascendas IT Park in China.

Lendlease issues $200m perpetual securities at 4.2% rate

Lendlease Global Commercial REIT had initially planned to issue $150m perps but was faced with strong demand.

Six startups take centre stage at CapitaLand Sustainability x Challenge finale

Six finalists were chosen, but only two will be able to pilot their greentech innovation at selected CapitaLand properties worldwide.

Banking on e-commerce growth, FLCT to acquire six new EU properties

The firm will acquire six new properties in Germany, the Netherlands and the UK.

Keppel Land to issue $280m worth of notes with 2.0% yearly fixed rate

The issuance is a part of Keppel Land’s US$3b multicurrency medium term note programme.

Mapletree Industrial Trust plans acquisition of 29 US data centres for $1.7b

This could make MIT one of the largest owners of data centres among Asia Pacific REITs.

CapitaLand pledges $3.2m for COVID relief efforts in India

The company has committed approximately $9m for COVID relief in Singapore, China, and India.

Flexibility and technology to drive a doubling in leasing activity: Colliers

These are necessary to understand the changes needed in the workplace.

Waterway Point owner obtains $589m green loan

This raises the green loans portion of Fraser Centrepoint Trust’s portfolio to 18%.

PropNex launches expansion to Cambodia

The expansion will boost the firm's salesforce to 12,000.

Prime US Reit net property incomes slips 2% in Q1

More than 90% of its portfolio was occupied during the pandemic.

ARA boosts stake in Kenedix to 30%

The target company is considered Japan’s largest independent real estate asset management group.

Cromwell European REIT net property down by just 0.4%

The real estate investment trust attributed its stable income to its expansion into four European countries.