Commercial Property
Wing Tai disposes Winner Godown Building for $365m
The net proceeds of $361,232 will be used for expansion.
Freehold ICB Shopping Centre for sale for $60m
The Yio Chu Kang Road site is both for commercial and residential use.
Keppel DC Reit's NPI increased 37.6% to $125m in 2017
Thanks to acquisitions of data centres in Berlin, Milan and Singapore.
Yanlord Land forms three subsidiaries in China
Their activities will cover property and city development, as well as fitness services.
Oxley's profit slumps 45% to $68.24m in Q2
Revenue from the handover of The Royal Wharf plots was recognised after construction.
Venture buys freehold industrial site in California for $39.63m
The property will be used for Venture's collaborations with business partners.
Cache sells Hi-Speed Logistics Centre for $73.8m
It is recycling its capital to create debt headroom.
Cache's NPI rises 10.2% to $23.52m in Q4
It gained from the rental top-up of 51 Alps Avenue and other properties.
Singapore's office rental growth to be the second fastest in Asia Pacific
Rents are expected to grow by 9-10% in 2018.
CapitaLand inks investment deal for central China development
It's eyeing expansion under its “core city clusters, dominant assets” strategy.
Frasers Centrepoint Limited issues $300m fixed perpetual bonds
The bonds are part of its $5b multicurrency debt programme.
Keppel Land issues $150m 2.68% bonds due 2023
Funds raised from the bonds will be used for general corporate purposes.
$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.
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