Commercial Property
Keppel DC REIT divests Basis Bay Data Centre in Malaysia for $16.9m
Keppel DC REIT divests Basis Bay Data Centre in Malaysia for $16.9m
The purchaser, however, will only pay the REIT $16.7m.
Cromwell EREIT rebrands as Stoneweg EREIT
Its SGX-ST trading counter codes will remain as CWBU and CWBC.
JTC launches three sites under IGLS Programme
The Plot A Tukang Innovation Drive site measures 1.87 hectares.
Volta Properties sells US property to Gladstone Commercial
It spans 16.68 acres with a building size of 215,474 square feet.
Cromwell EREIT divests two office assets in Italy for $29.6m
The selling price is 7.7% above the latest valuations.
Elite UK REIT sells Chippenham property for $2.25m
Net proceeds will be used to repay debt.
IREIT leases 12% of Berlin Campus to Stayery for 255 guest rooms
This marks its second major lease contract at the property within a month.
Cromwell EREIT bags five major leases in Q4 2024
It is expected to maintain CEREIT’s portfolio occupancy rate above 93%.
Mapletree announces plans to develop logistics facility in the US
The group acquired a 22.5-acre site in New Jersey.
Savills Singapore adds engineering services division
It aims to provide maintenance and repair solutions for mechanical and electrical systems
Cromwell EREIT enters into new loan to refinance debt
The REIT will repay a loan for three office assets in the Netherlands.
CLAR to acquire, lease back DHL Indianapolis Logistics Center in $150.3m deal
This marks CLAR’s first acquisition and leaseback deal in the US.
EQT completes acquisition of PropertyGuru
PropertyGuru will now operate as a privately held company.
AA REIT advances key sustainability initiatives
They have also reaffirmed their commitment to ESG targets.
Singapore’s office oversupply concerns ‘'overstated': analysis
Ongoing return-to-office trend and flight to quality will support the Grade A office market.
What 2025 holds for SREITs
An expert said SREITs will likely have a better year.
AIMS APAC REIT sells 3 Toh Tuck Link for $24.38m
The property has a valuation of $18.4m as of 31 March 2024.
Commentary
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