Commercial Property
Frasers Property raises stake in Thailand subsidiary for $1.09m
Frasers Property raises stake in Thailand subsidiary for $1.09m
It has bought 620,400 shares for 67.1 cents each on 18 December.
Cromwell European REIT sells 12 properties in Europe for $73m
The divestment is set to increase the company’s net asset value.
Oxley sells Dublin Landings property for $173.7m
This is the last of the five Dublin landings assets to be sold by the company.
CCT issues first green bond of $124.7m
These are set to mature by November 2027.
Daily Briefing: ARA sells stake in Cache Logistics Trust; FengHe Group leads $13.6 funding in sports tech firm PlayerMaker
And cloud-based corporate service provider Sleek clinched $6.78m funding.
UOB, DBS and StanChart grant $945m green loan for DUO Tower deal
The loan was granted to Allianz Real Estate and Gaw Capital Partners.
Tender sale of Raffles Place property moved to March 5
Developer requested for more time to assess the site.
GIC buys real estate portfolio in Europe for $1.43b
It includes 28 assets in logistics hubs across Europe.
Keppel DC REIT to pay $56.6m for data centre master lessee's additional core M&E
Tenant 1-Net will pay for the extra costs from its installation.
MNACT's Japan buys won't buoy it from drags made by Festival Walk
The Hong Kong mall still accounts for over 50% of the trust’s revenue.
Hoi Hup Realty secures $332.5m green loan to develop Andaz Hotel
The loan will go into strengthening the hotel’s energy-saving practices.
Mapletree North Asia Commercial Trust to buy two Japan office properties for $483m
It seeks to diversify away from the damaged Festival Walk in Hong Kong.
More REIT mergers lie ahead as growth prospects dry up
Frasers is one of the recent casualties after the merger of its logistics and commercial trusts.
Chart of the Day: Check out the top 5 strata-titled retail deals in Q3
Two units from Queensway Shopping Centre sold for a combined $6.5m.
JTC to launch tender for industrial site at Tuas Avenue for $2.5m
It has an area of 5,451.1 sqm and a gross plot ratio of 1.4.
URA confirmed three sites under GLS Programme H1 2020
Two residential and one mixed-use sites were included in the confirmed list.
JTC adds Woodlands industrial park for tender in IGLS programme
The tender closes on 21 January.
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