Commercial Property
BNP Paribas cuts back on Singapore office footprint due to costs
BNP Paribas cuts back on Singapore office footprint due to costs
The bank occupies six floors in Ocean Financial Centre.
Limited interest? Zion and Upper Thomson sites get just one bid each
The sites received a bid of $1.11b and $779.56m, respectively.
Hotel, retail assets seen leading this year’s real estate investments
Dealmaking to boom in the second half.
CEREIT navigates illiquid Central Europe market with Warsaw office divestment
The REIT divested the property for $23.1m.
Data centre investments in Singapore still in the doldrums
The three-year moratorium on new developments was lifted in 2022.
Singapore dominates SEA property investments in 2023
The country accounted for 77% of SEA's investment volume.
Hiap Tong sells Tuas South property for $4.8m
The sale reflects a loss on disposal of $236,155
VAST Data establishes APJ headquarters in Singapore
Amidst AI surge, VAST Data aims to amplify its presence and influence in the Asia Pacific and Japan region.
CBRE lists 3 SLF Building floors for sale at $10.8M each
The guide price translates to $1,150 psf on the strata area.
Cushman & Wakefield appoints new CEO for Singapore office
Natalie Craig holds over 20 years of experience in commercial real estate.
Keppel REIT acquires 50% stake in 255 George Street in Sydney for $321.0m
The freehold Grade A office building has a committed occupancy rate of 93%.
Soon Hock Land wins JTC tender for industrial site at Tuas Link Close
The project is targeted to be completed in 84 months.
ESR-LOGOS REIT secures $200m sustainability-linked loan
This is the company’s first sustainability-linked facility.
Johnson Controls opens OpenBlue Center in Singapore
New hub aligns with Singapore Green Plan 2030 for sustainability.
Three Tras street shophouses at Tanjong Pagar for sale via EOI
The portfolio has a collective guide price at $50.8m.
JLD tender predicted to yield low bids amidst market caution and scale concerns
Experts attribute the limited bidding pool to factors such as high costs and regulatory complexities.
FCT acquires full stake in NEX Partners Trust
The acquisition was proposed on 25 January 2024.
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