Commercial Property
Elite UK REIT submits plans for 80MW data centre at Peel Park, Blackpool
Elite UK REIT submits plans for 80MW data centre at Peel Park, Blackpool
The REIT's manager has secured enough power for the proposed data centre.
CapitaLand Development leads bid for Kallang Way industrial food site at $368.9m
The site spans 44,107 square metres.
Samko Timber subsidiary sells factory for $8.9m
The purchase conditions will be done in two instalments.
Commercial shophouse with F&B approval for sale at $12.38m
It has a land area of 1,302 sq ft with a gross floor area of 2,476 sq ft.
Prime office rents in Raffles Place/Marina Bay rise 0.6% in Q3
The Q3 24 growth, however, is slower than the Q3 23 increase.
Mapletree Industrial Trust acquires 98.47% stake in Tokyo mixed-use facility
It will acquire the asset from Nagayama Tokutei Mokuteki Kaisha.
Keppel's Jencity divests 70% stake in Saigon Sports City Limited
Post divestment, Jencity will still have a 30% stake in SSCL.
Retail unit in 6/F Lucky Plaza on sale via private treaty
The property has an indicative price of $32m.
CLAS boosts Singapore portfolio with $263m lyf Funan acquisition
The acquisition is yield-accretive.
Millionaires eye a piece of Singapore’s rich colonial era
The city-state’s remaining 6,500 shophouses are in high demand amongst the ultra-rich.
Chencharu Close site likely to attract up to four bids
The tender for the site will close on 22 May 2025.
Savills bags $100m deal for 3 office floors in Tong Building
Savills brokered levels 6, 9, and 10 of Tong Building.
The Hour Glass to acquire more units in Tong Building for $68.5m
The company will acquire units #09-01 to #09-04 and #10-01 to #10-04.
UOL and SingLand in talks for acquisition of 50% stake in Sydney asset
The asset is an office and retail building.
HDB launches tender for Chencharu Close site
The tender will close on 22 May 2025.
First Sponsor raises $244m from oversubscribed rights issue
It issued the securities for $1.08 piece.
Sanli Environmental sells leasehold property for $5.3m
The company said that the property cannot accommodate its expanding operation.
Commentary
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