Commercial Property
Orchard Road hotel development put on sale for over $155m
Orchard Road hotel development put on sale for over $155m
The hotel would be developed into a 6-storey, 115-room site.
Keppel Pacific Oak US REIT to acquire Dallas office complex for $140.23m
One Twenty Five comprises two Class A buildings with a total space of 445,315 sqft.
Keppel-KBS US REIT renamed to Keppel Pacific Oak US REIT
It also plans to enter an outsourcing management agreement with a US asset manager.
Frasers Centrepoint Trust to join FTSE EPRA/NAREIT Global Developed Index
This will enable the trust to reach a larger pool of institutional investors.
City Developments secures $250m sustainability-linked loan
It will be used for general working capital and corporate funding.
Grade A office rental growth to slow as supply moderates
Rents grew 14.9% in 2018.
FCT acquisitions to boost growth: analyst
The purchase of PREAFL could give it the distinction as Singapore’s third-largest retail REIT.
CRCT completes acquisition of companies holding stakes in three Chinese retail malls
CapitaLand now has an interest of approximately 34.4% in the divestment companies.
Keppel Land China to buy property in China's Silicon Valley
The company will pay $35.1m in the equity transfer agreement.
REITs defy downturn on tight office supply
CapitaLand, Keppel, and Suntec only have 5% to 1.5% office NLA due for renewals in H2.
Commercial DC rates to climb 1.7% after September review: URA
A 7% increase was recorded in Tampines Road, Ang Mo Kio, and Upper Bukit Timah.
Chart of the Day: Business parks' vacancy rate eases to 14% in Q2
This was due to stable demand and lack of new supply.
Daily Briefing: Two strata-retail units for sale at $13.5m; New VC launched to invest in agri-food startups
And Clearbridge Health acquires nine dental clinics for $3.3m.
Sun Venture secures $455m loan to buy 71 Robinson Road
It will also be used for investments to improve its environmental footprint.
Hong Kong's property investment in Singapore hits $1.9b in H1
Key transactions include Gaw Capital’s purchase of Robinson 77 for $710m.
Commercial property transactions fell below US$5b mark in H1
Singapore trailed its Asian peers in terms of the number of transactions.
Chart of the Day: 30-year factory and warehouse leaseholds fell 1.1% in Q2
This follows a three-year continuous decline.
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