Commercial Property
CapitaLand Commercial Trust sold Tanjong Pagar property for $516m
CapitaLand Commercial Trust sold Tanjong Pagar property for $516m
The 20-storey Twenty Anson has a total net lettable area of about 206,000 sq ft.
S-REITs' yield spread should further tighten to 3%: DBS analyst
It is currently at 3.4%, nearly hitting five-year lows.
CapitaLand buys $1.18b property in China
The mixed-used site can yield up to 1,900 residential units and a shopping mall.
15 sites launched for H2 government land sales programme
They can yield 8,040 homes, 124,000 sqm of commercial space, and 930 hotel rooms altogether.
CDL sells 2 Jalan Besar commercial properties for $13.8m
They have a combined site area of 3,230 sqft and a gross plot ratio of 3.0.
Singapore maintained industrial site supply over weak demand
JTC put up 12.59 ha of industrial sites for its land sales programme.
CapitaLand's portfolio value hits $10.9b
It is poised to benefit from the growth of Frankfurt’s banking district and overall office market after its acquisition of 94.9% of Galileo.
JTC to sell 12.59 ha of industrial sites in H2 2018
There are six sites under Confirmed List whilst seven sites are part of the Reserved List.
APAC crowned as world's largest source of real estate capital
Capital outflows from China, Hong Kong, and Singapore that totalled US$71.9b secured APAC's top spot.
MYP sells Cecil Street property for $247m
MYP Plaza has 14-storeys of office units and 3 basement car park levels.
Singapore's overseas real estate investment jumped 35% to US$19.9b
Most of the capital was directed to the US, Australia, and the UK.
JLL and Lendlease launch proptech accelerator
Qualified startups stand to receive $20,000 grant.
APAC office prices up 1.7% in 2018
Hong Kong prime offices are the world's most expensive at US$306.57 per sqft per annum.
Chart of the Day: See how Singapore's office tenant mix changed in 13 years
Tenants from financials used to dominate with 47% market share but now comprise 21% of the pie.
Office take-up rate in Q1 alone beats 2017 record
Net take-up is at 6% so far, higher than the 2-3% rates recorded in 2017.
Singapore's pool of foreign properties is now the largest in Asia
Strong cross-border capital flows drove overall commercial real estate investment activity to rise 16% YoY to $11.5b.
Singapore's Ho Bee Land buys London Grade A office tower for $1.16b
The property, Ropemaker Place, is 21 stories high and 602,000 sqft large.
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