Commercial Property
$3.2b Paya Lebar Quarter scores tenants for over half of its space
$3.2b Paya Lebar Quarter scores tenants for over half of its space
It will have three office towers that will provide nearly one million sqft of space.
First Reit acquires $400m in syndicated secured loans from OCBC
OCBC was authorised as the lead arranger and bookrunner for the facilities.
MGCCT includes Japan in investment mandate
It believes it will grow its assets' values in the country.
Robust office leasing to give rentals needed push
About 70% of Frasers Tower is already pre-committed even before completion.
Here's why Capitaland's recent divestment is more boon than bane
It recently sold 20 retail malls for $1.71b.
Prime office rents to rise by 7% in 2018: Colliers
Better GDP and economic conditions drove demand for office space.
Investment sales raised $40.2b in 2017
The residential sector comprised 54% of the deals.
Industrial REITs are on a roll with recent acquisitions
Mapletree Logistics Trust recently bought the remaining share in Shatin No. 3, Hong Kong for $103.7m.
Keppel's property segment dethrones O&M in profits
In 9M2017, property comprised 55% of contributions, whilst O&M comprised 2%.
CapitaLand sells stake in mall owner for $1.71b
It expects to gain net proceeds of $660m and a net gain of $75m.
Time bomb on OUE Bayfront's income support starts ticking
But the level of income support it uses still rose 11.5% in 9M2017.
JTC launches tender for industrial site in Tuas Bay Close
An applicant set a committed bid price of $17.5m.
Frasers Centrepoint Limited to raise $300m from bonds
The bonds will be issued at $250,000 each.
Here's why CapitaLand's recent Chinese and Indian divestments is a strategic move
It lowers the company’s risk of retail exposure and unlocks capital from mature assets.
Mapletree Logistics Trust to acquire remaining stake in Hong Kong property for $103.48m
After the transaction, MLT will hold 100% of the property.
Global Logistic Properties forms two funds for European properties
The two will add $5.43b to its current fund management platform worth $57.8b.
CapitaLand invests in Shanghai office plot for $265m
It plans to build a 37,765 sqm Grade A office building.
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