Commercial Property

Ascendas India Trust to construct Indian warehouse for $42.1m

The warehouse will be leased to logistics firm Arshiya.

Billion-dollar office deals buoy property investments in Q2

The biggest deal was AEW’s $1b purchase of Chevron House.

Pinterest opens Singapore office

This is its second office in the region after launching in Tokyo in 2013.

Mapletree Industrial Trust to undertake largest redevelopment project for $263m

It will add a build-to-suit facility to its Kolam Ayer 2 Cluster for a global medical device firm.

CapitaLand secures $300m sustainability-linked loans

It will be used for green projects and general corporate purposes.

Frasers Hospitality Asset Management issues clarification on sale of Australian asset

It said that there is no certainty or assurance whatsoever that any transaction will arise from its discussions.

Frasers Property to merge industrial and logistics units

The platform will represent $5.4b of assets under management.

Sembcorp to install and operate solar farms atop six CapitaLand properties

It is expected to produce over 10,200MW-hours of power annually.

Check out ISG's new space at Haw Par Centre

The 4,400-sqft office features meeting rooms named after Singapore’s historic landmarks and locations.

Prime ground-floor unit at Bukit Timah Shopping Centre for sale at $5.8m

The 2,142-sqft property has obtained the approval for bar and pub use.

Chart of the Day: Warehouse vacancy rate hit 10.8% in Q1

Average gross rents remained unchanged YoY at $13.5 (US$9.9) psm per month.

CapitaLand could bank on Liang Court's potential yield of up to 4.7%: analyst

Reviving the property into a mixed-used development could command a GDV of $3.0b.

Tai Seng industrial property for sale

The property is a purpose-built, six-storey, single-user detached building with a GFA of 6,504.3 sqm.