Commercial Property
Hatten Land names Deloitte partners as joint judicial managers in restructuring
Hatten Land names Deloitte partners as joint judicial managers in restructuring
The court already approved its application for judicial management.
Three shophouses in Jalan Besar listed for $44m
The tender sale will close on 15 November, at 3 PM.
SingLand-UOL JV buys 50% of Sydney’s 388 George Street for A$460m
The asset is fully leased.
Commonwealth renews lease at FLCT's Canberra site
The 20-year lease will commence on 5 July 2025.
Frasers Hospitality REIT Australia unit sees tax rate rise to 37.5%
With the higher tax, the unit expects a $1.3m drop in distributable income for FY2024.
Sevens Atelier and AIPL ink exclusive deal for real estate collaboration
The partners will refer business opportunities to each other.
Rate cuts boost property investments by 24.8% QoQ in Q3
Total sales hit $8.3b.
OpenAI to establish Asia-Pacific hub in Singapore
Singaporeans are among the highest per capita users of ChatGPT worldwide.
CLAS divests Citadines Karasuma-Gojo Kyoto for $53.1m
The price was 40.1% above the asset's book value.
Grade A strata office unit at Prudential Tower on sale for $16m
The unit is currently fully occupied by multinational corporations (MNCs).
APAC Realty and NexUS Global Realty ink MoU to boost cross-border real estate transactions
The partnership will also strengthen agent-investor ties and create new opportunities for clients in both regions.
Ong Beng Seng retains role as Hotel Properties MD despite court charges
One is facing charges of abetting obstruction of justice.
Tourism recovery drives 0.5% rise in Orchard retail rents in Q3
Suburban prime rents however outperformed city rents.
SSC launches new standard for interior floor coatings
It focuses on conventional epoxy, acrylic, and polyurethane floor coatings.
COTD: CBD Grade A office market to tighten from 2025 to 2027
It will only rebound in 2028.
United House freehold site hits market at $166m
The tender for the site closes on 14 November at 3 p.m.
TEHO's Korea unit plans $2.95m acquisition of Busan warehousing facility
The company already made a down payment of $295,000 to the vendor.
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