Commercial Property
Flex spaces to increase foothold in Singapore’s office market
Flex spaces to increase foothold in Singapore’s office market
As of Q123, flex spaces already consist of about 10% of the total office stock in the Lion City.
Shophouse at 22 Temple Street up for sale
The property has a floor area of 3,423 square feet.
MUST’s fifth-largest tenant terminates lease at 500 Plaza Drive in New Jersey
The tenant has already paid MUST a termination fee of US$4m.
Prime ground floor retail units at Peninsula Plaza for sale: CBRE
The expression of interest for the three retail units will close on 11 July at 3 pm.
Three adjacent strata office units at SBF Center for sale
The prices of the units range from $2.25m to $2.44m.
Digital Core REIT warns of lower DPU following US bankruptcy filing of 2nd-largest tenant
Cyxtera represents 22.4% of the REIT annualised rental revenue.
IREIT Global enters call option deal to acquire 17 retail properties in France
The acquisition is about €76.8m ($112.2m).
Keppel DC Reit has new CEO whilst former CEO moves to FLCT
Loh Hwee Long will take the helm on 28 July 2023.
CLI reveals refreshed 2030 sustainability master plan
The plan includes SG’s 2050 net zero carbon emissions commitment.
Ley Choon Group's net profit doubles to $9.7m in FY2023
Its revenue grew to $123.9m due to increasing construction activities.
Singapore’s real estate market adapts to increased ABSD rates
Savills’ Alan Cheong offers insights on attracting foreign buyers and navigating challenges.
OUE C-REIT says they are not involved in independent director’s litigation
The board is retaining Tan Huay Lim as independent director.
Mapletree Industrial closes private placement at $2.212 per unit
Total gross proceeds of the private placement will be $204.8m.
Starhill Global REIT obtains $50m loan facility
Under SGX's listing manual, the company could require its trustee to repay all the amount owed.
Two tips for Singaporean property investors amidst economic slowdown
Real estate investors must stick to ESG and other niche markets in APAC.
Metro Holdings dissolves subsidiary and affiliated company
This won’t have a significant impact on the consolidated financials, said Metro Holdings.
Metro Holdings net profit up 7.2% YoY to $25.3m in FY23
Its revenue grew 16.7% YoY to $117.2m.
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