Commercial Property
Property investment market activity to remain muted for the rest of 2023
Knight Frank expects total investment sales for 2023 to reach around $18b-$20b.
SG’s outbound investment drops 36.4% QoQ in 3Q23
Year-on-year, outbound investment declined 62%.
Grade A office rents in Singapore declined driven by the premium segment
Specifically, those in Shenton Way / Tanjong Pagar.
Cromwell E-REIT divests Italy asset for $135.4m
Viale Europa represents 6.9% of the REIT’s net asset value.
ESR-LOGOS REIT's Ang Mo Kio property obtains TOP
The property has also secured an occupancy of 50%.
Joo Chiat conservation shophouse up for sale via EOI
The property's guide price is $7.5m.
Huttons backs review of anti-money laundering regime
The company emphasised real estate agents' key role in countering money laundering.
SingLand gears up for Marina Square's partial redevelopment
The project is part of SingLand’s long-term portfolio management strategy.
Keppel divests Chengdu development for $94m
It will sell its stake to Vanke Enterprise.
ESR-LOGOS REIT divests 2 Tuas South Avenue 2 for $53m
It will use net proceeds from the divestment to repay outstanding borrowings, amongst others.
CDL invests in 25 freehold properties in Japan worth $321.9m
The properties have over 836 units, with four retail units.
Conservation Shophouse at Tanjong Pajar for sale at $14.6m
The shophouse sale will be conducted through Expression of Interest.
APAC Realty expands in Australia
The ERA brand inked a 15-year franchise agreement with Queensland 888.
ARA H-REIT to refinance $370m loan facilities
The company and its subsidiaries underwent amendments in a facility agreement.
EC World REIT defers payment to unitholders over insufficient cash
The property investment firm is working with the sponsor group.
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