Commercial Property
Treasury China Trust strikes deal with TRIO Group
The company enters into a strategic partnership to expand into Shandong Province commercial property market in China.
Treasury China Trust strikes deal with TRIO Group
The company enters into a strategic partnership to expand into Shandong Province commercial property market in China.
Businesses urged to prepare for global lease accounting changes
Changes have been driven by a recognised need for greater transparency in leasing standards.
PropertyGuru joins forces with Australia's REA Group
Singapore property site links with Australian real estate site to expand reach in Asia Pacific.
Chip Eng Seng receives letter of intent for $142 mln contract
Construction and property firm to develop executive condo and 10 blocks of 17-storey apartments at Punggol Field.
Second quarter primary residential property sales down 8%
Foreigners’ share of total purchases in quarter maintained at 11% behind caution over global economic situation.
MaxLee Development borrows S$220 mln from UOB and OCBC
The joint venture company raises funds for the development of the Executive Condo in Sengkang E3 and Sengkang East Avenue.
CapitaLand subsidiary sells 49% stake in OneSentral Park
Group also dissolves dormant wholly-owned subsidiaries: Telok Ayer Properties and Ventura Development.
Ascott Reit to raise $1.39bln properties in Asia and Europe
The property manager will acquire two Asian and 26 European properties, as well as divest Ascott Beijing for $301.8 million.
Asia Pacific commercial property markets offer attractive investment opportunities
Singapore office markets among the top five in region, whose all-property Fair Value Index at 67.
Ho Bee to yield S$31mln for sale of investment properties
The property group sells its TG Building in Tagore Lane and divests part of its commercial portfolio at Samsung Hub.
Asia Pacific office property markets headed for growth
Raffles Place rents up 2.9% in second quarter while CBD core area vacancy rate dropped 7%.
CapitaMalls Asia launches three more subsidiaries
As part of its ongoing business developments in Singapore, CMA is establishing a trust service company and two investment holdings.
Soilbuild Group to divest Penjuru Hub for S$60mln
The property developer anticipates a gain of approximately S$16.3 mln from the divestment.
CapitaLand subsidiary issues S$350mln 4.3% fixed rate notes
Proceeds of notes due 2020 under S$3bln multicurrency medium term note programme to finance new investments.
Colliers International handles sale of Amber Glades
40,917 sq ft site, with estimated price of S$130mln, provides easy access to well-known educational institutions.
Mapletree Investments mulls launching $1.27bln Japan property fund
Fund to be invested in data centres, research and development facilities and office buildings.
Fraser and Neave's 9 months profit up 60%
Group divested glass manufacturing unit for a $310mln cash consideration as it garners 8% revenue growth.
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