Commercial Property
Keppel DC REIT divests interest in German data centre
Keppel DC REIT divests interest in German data centre
The transaction is based on an all-cash offer of $70.6m (EUR50m).
GuocoLand unit bags River Valley Green land at bid price $627.8m
It will be developed as a high-end waterfront development.
Bukit Timah Plaza unit up for sale for $9.8m
It has a total strata area of approximately 3,391 square feet.
Retail units in Peninsula Plaza on the market for $10.9m
It has a combined strata area of 1,119 square feet.
Shophouse sales fall nearly 39% in 2024, lowest since 1998: Huttons
The shophouse market only recorded 84 caveated transactions, below the average of 200 transactions from 1995 to 2023.
New Bridge Road commercial site up for sale at $80m
The sale will be via an Expression of Interest.
Paragon Reit NPI up 4.5% in FY2024
It was driven by positive rental reversions.
First REIT Trust’s DPU down 4.8% YoY in FY2024
The total distributable amount fell by 4.1% YoY.
Far East Hospitality Trust NPI inches up 0.6% to $99.3m in FY 2024
Revenue also grew 1.8% YoY.
Lendlease Global Commercial REIT CEO resigns
He is leaving to ‘pursue other opportunities’.
Keppel completes 33-storey commercial tower in Tanjong Pagar
The group also secured its anchor tennant.
ESR-REIT proposes 10 to 1 unit consolidation to reduce trading fluctuations
Since 1 January 2022, ESR-REIT has traded in the range of $0.245 to $0.485.
Cuscaden Peak to take Paragon REIT private
The group offered $0.98 in cash per unit.
Singapore ranks 6th in Savill's prime office costs index for Q42024
Singapore saw 0.5% growth, marking a 0.1% increase from Q3 2024.
GuocoLand posts 13% YoY net profit growth in H1 2025
Earnings per share stood at $0.0588.
Five adjoining shophouses at Joo Chiat Road for sale at $59.8m
This translates to $11.96m per shophouse.
Lendlease-Warburg Pincus JV unveils Vita Partners brand
Vita Partners is an integrated platform in Asia Pacific for the real estate market.
Commentary
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