Commercial Property
Daily Briefing: GIC invests in US energy infrastructure Tallgrass Energy; Mixed-use development Selegie Centre sold at $120m
Daily Briefing: GIC invests in US energy infrastructure Tallgrass Energy; Mixed-use development Selegie Centre sold at $120m
And Singapore-based healthcare startup Docquity bagged US$11m in a series B funding round.
Singapore Academy of Law to launch co-working space at State Courts Towers
The new space is set to open on Q1 2020.
Ascendas REIT and ESR-REIT could suffer short-term pains from Hyflux troubles
The two REITs have exposure to three properties where Hyflux operates.
Katong Plaza tries for en bloc sale again at $188m
It can yield up to 300 hotel rooms with an average size of 215 sqft.
Singapore tops Asian outbound real estate investment in 2018
It accounted for 40% of the overall Asian outbound investment.
JustCo to digitise Marina One hub
Members can book meeting rooms and manage guest invitations through its app.
Hatten Land to launch mixed-use development in Australia
The aggregate consideration for the land it bought is about $15.25m.
WeWork opens mixed-purpose commercial development in 380 Jalan Besar
The firm’s next location will be unveiled in Funan on the second quarter of 2019.
Here's a peek at ENGIE Factory Asia-Pacific's 3,500 sqft regional HQ
The space features a facial recognition system, writeable walls, and 5-metre high windows.
Jalan Kilang light industrial development launched for sale
The eight-storey property features a roof terrace and basement carpark.
Frasers Logistics & Industrial Trust to join FTSE EPRA/NAREIT Global Developed Index
This raises the firm’s trading liquidity and visibility to global investors.
JTC to launch Gambas Way industrial site for public tender
The 1.2 ha land parcel is zoned for Business-2 development with a maximum permissible gross plot ratio of 2.5.
Oxley CEO argues debt-ridden company can pay its dues
Its ability to pay is supported by local and overseas projects worth approximately $2.9b and $4.6b respectively.
First Sponsor to buy shares in Guangdong land owner for $148.9m
Concord Focus Development owns three land parcels with a total site area of 36,405sqm.
Chart of the Day: Single-user factories will make up 64% of industrial property pipeline in 2019
It will make up approximately 11 million sqft in GFA.
Industrial leases leaped 14.6% to 10,473 in 2018
Occupancy rates edged up 0.4 ppt to 89.3% amidst an increase in monthly rents.
Retail investment sales crashed 43.3% to $1.42b in 2018
H2 2018 featured majority stake sales of major suburban malls, including I12 Katong and Westgate.
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