property news

Lendlease, Dutch pension fund manager invest $1b for life and science assets

The investment will focus on Australia, Japan, and Singapore.

FLCT acquires $58.4m prime freehold commercial property in Australia

The five-storey building is located in Mount Waverley, Victoria.

Property investment up 6.9% QoQ in Q3

This was mainly aided by higher government land sales.

Mapletree NPI rose 14.3% to S$78.3m in Q1 FY21/22

This is attributed to the lower rental reliefs to retail tenants at Festival Walk and higher average occupancy from IXINAL Monzen-nakacho Building.

Mapletree Logistics Trust given option to buy logistics property in Changi

The proposed acquisition is expected to be completed by 3Q FY21/22.

CapitaLand subsidiary invests $216.6m in first India data centre

It will be one of the largest data centre campuses in Airoli, Navi Mumbai.

 Keppel REIT sells 50% stake in first Australian property for A$275m

The firm said this is part of its portfolio optimisation strategy.

Cromwell E-Reit sells off France asset at €5.8m

The sale is 53% higher than the IPO purchase price.

CapitaLand acquires two new international properties for $210m

The properties are located in France and Vietnam.

CapitaLand subsidiaries to develop $146.2m property in the US

The property is a 678-bed student accommodation in South Carolina.