Commercial Property
Frasers Logistics Trust to sell 50% stake in Australian asset for $127.2m
Frasers Logistics Trust to sell 50% stake in Australian asset for $127.2m
The price tag represents a premium rate of 8.8%.
CBD Grade A supply hit 25.1 million sqft in Q1
There were 8.7 million sqft of supply in Raffles Place/New Downtown.
Three adjoining shophouses in Little India for sale at $11m
The properties, with individual land titles, sit on a combined land area of about 3,870 sqft.
YuuZoo clarifies ownership of closed Singapore office
The firm explained that YuuZoo Corporation is a different legal entity with a different board.
Straits Trading unit expands logistics footprint with Korea and Australia buys
Once fully deployed, Straits Real Estate expects a portfolio value in excess of $700m.
Chart of the Day: Industrial leasing volumes up for 11th straight quarter in Q1
There were 2,417 deals for factory and warehouse space during the quarter.
Fragrance Group to buy back up to $30m of its $100m notes
It will repurchase the notes at the daily prevailing market price quoted for the notes.
Cromwell European REIT to buy six offices for $378.18m
The properties in France and Poland have a combined LGA spanning 110,348 sqm.
Keppel Land secures $170m green loan facility
It will fund the development of Seasons City (Phase 1) in the Sino-Singapore Tianjin Eco-City.
Fortune REIT to delist from SGX-ST
It cited low trading volume as one of the reasons behind the move.
Chart of the Day: Serviced office operators beat landlords in snapping up co-working stakes
They have dominated the space for more than ten years.
Raffles Education unit amends $138.5m deal with China-based developer
The firm has yet to pay $47.38m for its option agreement.
Keppel REIT unit secures $505m green loan facility
It aims to enhance how it finances the firm’s offices.
Chart of the Day: Decentralised offices represented nearly a quarter of office stock in Q4 2018
This represents an increase from 17% in Q4 1998.
ESR-REIT raises $100m from upsized private placement
The fixed issue price of $0.515 apiece was at the lower end of its $0.515-$0.525 range.
Chart of the Day: Singapore's flexible office market expanded threefold in 2013-2018
An estimated two in five office buildings have a flexible office component.
Beauty World Plaza relaunches tender at $165m
It got an in-principle approval to convert the residential component to serviced apartments.
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