Commercial Property
FLT and FCOT propose merger for $1.54b
FLT and FCOT propose merger for $1.54b
They also plan to fully acquire Farnborough Business Park in the UK.
Mapletree closes Australian private trust at $608m
It owns 10 Grade A office assets with a total value of about $1.3b.
Strata-titled retail unit sales crashed 55.3% to $64.3m in Q3
There were 46 caveats lodged in the same quarter, which is 36.1% lower than in Q2.
Cromwell European REIT acquires Milan office property for $27.8m
This was after the company divested its commune park in France.
Merger eyed for Frasers Logistics and Frasers Commercial Trust: report
The combined company will manage almost 100 properties worth $4b.
Chart of the Day: Marina Bay takes up a third of upcoming office supply
Over 1.53 million sqft of it will be rolled out in 2022.
AA REIT's JV clinches another 12-year lease with its master tenant Optus
It will begin July 2021 after upgrade works on Optus Centre Australia.
UOL group buys nine-storey commercial building for $79.3m
The company plans to fuse it with its own commercial towers.
CDLHT and Ascott Reit to gain from divestments to Liang Court developers: analyst
W Hotel, which CDLHT traded for, has a RevPAR of $318 per night.
Seoul property transactions hit US$15.4b in January-September
It takes the top spot as Asia’s most liquid city in terms of property.
Industrial REITs lead Q3 NPI growth amongst S-REITs
ESR-REIT’s NPI doubled from its merger with Viva.
SPH REIT raises $164.5m in private placement
It will be used to partly fund the acquisition of an Australian shopping centre.
CDL, CapitaLand to redevelop Liang Court
Ascott Reit will rebuild 13,034 sqm out of the Liang property for a partial sale of $163.3m.
CapitaLand sells The Star Vista to Rock Productions for $296m
The mall comprises three levels of retail space with an NLA of 162,500 sqft.
SPH REIT to raise $161.5m via private placement
Net proceeds will be used to fund a shopping centre acquisition in Australia.
Ascendas India Trust raises $150m from oversubscribed private placement
It will be used to fund a business park development in Bangalore.
Ascendas property fund to raise $100m through private placement
This will fund a business park development in Bangalore.
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