Commercial Property
Alpina Holdings to take over Wan Dormitory for $24m
Alpina Holdings to take over Wan Dormitory for $24m
The company will use the property for its use.
Three adjoining 2-storey conservation shophouses in Geylang Road up for sale
It has an indicative guide price of $23m.
Ho Bee Land unit disposes of 2 industrial properties for $115m
The consideration for the disposal will be satisfied wholly in cash.
ESR-Logos Reit to hold EGM on proposed issuance of new units
Unitholders will consider and pass resolutions regarding the matter.
EC World Reit’s current assets are enough to meet short-term liabilities
The short-term liabilities are worth more than $818m.
Lack of data is property leaders' top issue on reaching ESG goals
Global property professionals reveal the most impactful ESG initiatives.
10 strata office units at The Plaza on sale for $7.44m
The portfolio’s sale will be conducted via expression of interest.
CDL finally acquires Marina Estate St Katharine Docks in London
The acquisition costs $636m (£395m).
EC World REIT partially repays loans after releasing deposits from escrow
They released the deposits on 2 March and 7 March 2023.
ERA integrates OpenAI GPT-3 into its SALES+ app
The integration will allow agents to generate tenancy reminders.
Harmeet Singh Bedi takes over as Prime US REIT CEO
He began his stint as CEO on 8 March.
Ten strata shops in Cuppage Plaza on sale for $12m
The guide price will translate to $2,347 per square foot.
SG amongst top 3 markets where APAC investors plan to increase AUM
Six in 10 investors plan to increase investments in the Lion City.
Conservation shophouse at 13 Upper Circular Road up for sale
The six-storey shophouse has a guide price of $24.2m.
Keppel Land divests shares in Greenfield Development for $75.6m
The shares will go to Spring Blossom Ventures.
Hospitality segments boost property developments: UOBKayHian
City Developments Limited and Capitaland Investment reported strong results.
OUE revenue soars 63.3% in FY2022
The increase was due to higher contributions from their Hospitality division.
Commentary
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