Commercial Property
CLI puts up first onshore RMB fund in China, acquires Shanghai office
CLI puts up first onshore RMB fund in China, acquires Shanghai office
It will hold a 12% stake in the RMB700m (S$144m) fund.
Park View Mansions launched for collective sale at $260m
The tender will close on 27 July at 2 pm.
Lendlease, Dutch pension fund manager invest $1b for life and science assets
The investment will focus on Australia, Japan, and Singapore.
Zenity, rare riverside project, to launch in Vietnam: CLD
The launching includes foreign quotas with starting prices from $617,495.
CBRE offers $20m industrial development property for sale
It is located at 42H Penjuru Road.
Flexible workspace demand up by 13% in 2021
There were a total of 4,595,973 firms registered last year.
What are the pros and cons of the proposed privatisation of Frasers Hospitality Trust?
Frasers Property Ltd (FPL) is planning to acquire all of FHT’s stapled units for $0.70/unit.
Standalone island of shophouses at Club Street sells for $25.9m
It was sold as a portfolio to ABR Holdings Limited.
Lian Beng subsidiary acquires Food Empire Building for $49.25m
Cushman & Wakefield brokered the private treaty sale.
Frasers Property wants Frasers Hospitality Trust to be privatised
The proposed privatisation via trust scheme has an offer of 70 cents.
MapleTree Industrial trust divests Michigan data centre for $13.8m
It was sold to a non-interested third-party purchaser.
Yanlord Land contracted pre-sales drops 70% in first five months
The contracted gross floor area during the period amounted to RMB1.135b.
CapitaLand unit to acquire logistics property for $18.2m in Malaysia
The acquisition is expected to be completed in H2 2022.
Chart of the day: Factory and warehouse leasing volume slows to 3.5% in Q1
This is way below the double-digit increase from a year before.
Private housing supply under GLS programme up to 3,505 units in H2
The supply will cater to the strong housing demand.
CLI acquires 22-storey office tower in Melbourne
The asset is the fifth investment made by CLI in Australia within six months.
REITs ‘not out of the woods yet’ but easing of inflation offers respite
UOB Kay Hian noted the easing of US core inflation to 4.9% in April 2022.
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