Commercial Property
CapitaLand subsidiary issues S$350mln 4.3% fixed rate notes
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.
CapitaLand toughens holding units in Ascott Reit
In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.
Executive Condominium market makes comeback after 5-year hiatus
Yet HDB upgraders looking for new projects below $900 psf had fewer choices in the first half of 2010.
OUE makes strategic move to buy DBS Towers
The integrated developer eyes opportunities as it proposes to acquire the iconic towers for S$870.5 million.
Asia Pacific second quarter office markets recover
Singapore seen to outperform 6.2% prime rents growth forecast in the coming months.
Singapore's 13%-15% economic boom lifts property sector
Marina Bay offers most exciting opportunities as Singapore is on course to become Asia’s fastest-growing economy.
Heeton profit up 12% to $6.3mln
Set to commence construction of iLiv@Grange in second half of 2010 following Juluca and The Lumos.
Ascott Reit divests Jakarta property at $34mln
Company eyes S$5.7mln net gain while it pursues to seek acquisitions for further portfolio expansion.
Asians unseat foreigners as Asia Pacific's dominant property investors
Singapore among countries with most active market as its new tourist attractions likely to energise demand.
JTC grants tender offer to Ho Bee for S$410.99 mln
The industrial infrastructure developer sold a commercial site located in North Buona Vista Drive.
Singapore's 6.1% office rental growth is region's third highest
European debt crisis could hamper further growth of office space rental in the next quarters.
Ascott Reit bestows 773,988 property units as manager fees
The CapitaLand Limited’s subsidiary receives the Ascott Reit units for a price of S$1.1919 each, aside from the cash payment of S$922,516.81 as...
Singapore's prime rents up 3% in the second quarter
Despite demand growth, Asia's increased level of office space enquiries didn't immediately translate into leasing deals.
CapitaLand subsidiary acquires remaining 39.24% stake in Eurimeg
Takeover empowers group to exercise full management control over decisions for serviced residences.
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