Commercial Property
JustCo to digitise Marina One hub
JustCo to digitise Marina One hub
Members can book meeting rooms and manage guest invitations through its app.
Hatten Land to launch mixed-use development in Australia
The aggregate consideration for the land it bought is about $15.25m.
WeWork opens mixed-purpose commercial development in 380 Jalan Besar
The firm’s next location will be unveiled in Funan on the second quarter of 2019.
Here's a peek at ENGIE Factory Asia-Pacific's 3,500 sqft regional HQ
The space features a facial recognition system, writeable walls, and 5-metre high windows.
Jalan Kilang light industrial development launched for sale
The eight-storey property features a roof terrace and basement carpark.
Frasers Logistics & Industrial Trust to join FTSE EPRA/NAREIT Global Developed Index
This raises the firm’s trading liquidity and visibility to global investors.
JTC to launch Gambas Way industrial site for public tender
The 1.2 ha land parcel is zoned for Business-2 development with a maximum permissible gross plot ratio of 2.5.
Oxley CEO argues debt-ridden company can pay its dues
Its ability to pay is supported by local and overseas projects worth approximately $2.9b and $4.6b respectively.
First Sponsor to buy shares in Guangdong land owner for $148.9m
Concord Focus Development owns three land parcels with a total site area of 36,405sqm.
Chart of the Day: Single-user factories will make up 64% of industrial property pipeline in 2019
It will make up approximately 11 million sqft in GFA.
Industrial leases leaped 14.6% to 10,473 in 2018
Occupancy rates edged up 0.4 ppt to 89.3% amidst an increase in monthly rents.
Retail investment sales crashed 43.3% to $1.42b in 2018
H2 2018 featured majority stake sales of major suburban malls, including I12 Katong and Westgate.
Keppel unit acquires 269,707 shares in Keppel Infrastructure Trust
Each share was priced at $0.47.
Singapore revamps development charge rates
The rates for commercial and hotel/hospital properties rose 45.6% on average.
UOL profits crashed 51% to $433.72m in FY2018
It was hit by lower development profits, which was offset by higher UOB dividend income.
JTC tenders Tampines North Drive site
Bids for the plot can be submitted until April 23.
Co-living company Hmlet expands to Australia
One of the first purpose-built co-living properties in Australia will accommodate 20 members.
Commentary
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Rethinking fleet ownership in a changing business landscape