Commercial Property
CapitaLand China Trust manager taps Gerry Chan as new CEO
CapitaLand China Trust manager taps Gerry Chan as new CEO
He was also appointed as an executive non-independent director and a member of the executive committee.
H1 2025 GLS programme expected to attract strong developer interest
Driven by improved market sentiment, easing interest rates, and a steady housing market recovery.
Keppel Pacific Oak US REIT bags US$50m loan facility
The loan facility was obtained through its trustee, Perpetual (Asia) Limited.
CLI expands Japan self-storage portfolio with new acquisitions, partnership
CLI’s self-storage platform partnered with Japanese indoor self-storage manager Ambitious.
PropNex sees Chuan Grove as top pick amongst H2 2024 GLS sites
The site is expected to attract 5 to 6 bids.
Heeton Capital taps Astra Horizon, NineCo to buy UK aparthotel
The group aims to expand its investment portfolio and build revenue streams.
JTC awards Lok Yang Way industrial site tender to Soilbuild for $70.08m
The site spans 18,605.5 square metres, with a tenure of 30 years.
MAS sets new ICR, leverage caps, and tighter disclosure rules for S-REITs
The changes will take effect immediately.
SG to remain a top real estate investment prospect in Asia Pacific 2025
However, the city’s local cap rates are seen as too tight to attract significant buying interest.
Elite UK REIT to divest Hilden House in Warrington for $5.56m
The sale represents a 6% premium above its valuation of $5.2m as of 30 June.
JTC launches 2 new sites under IGLS programme
The sites are slated for 2H 2024 IGLS.
LHN Limited’s FY2024 earnings soar 23.8% YoY to $47.3m
The growth was mainly due to revenue increase in its co-living segment.
CDL posts mixed Q3 results with strong residential and office gains
Its total residential sales in Q3 soared 88% to $611.1m.
Paragon REIT divests 85% stake in Australian Mall for $168.3m
The divestment reflects a 5% premium over the independent valuation of $160.3m.
Singapore real estate investment sales up 25.4% YoY in Q3
The growth was driven by the $1.85b ION Orchard sale and $1.6b industrial acquisition.
Industrial leasing activity rises 2.1% YoY in Q3
There were 3,205 tenancies recorded during the period.
22 Ubi Road 4 industrial site up for tender
The site features a four-storey car showroom and workshop.
Commentary
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