Commercial Property
CDL group CEO Sherman Kwek forgoes $1.35m long-term incentive grant
He received a total compensation of $2.97m.
ESR Group breaks ground on $1.3b commercial site in Japan
The site has nine storeys and a gross floor area of 433,000 square metres.
CapitaLand China Trust prices $109.43m notes due 2028
It will have a fixed interest rate of 2.88% per annum.
Appetite for premium space drives CBD office rents: CBRE
Grade A office rents rose by 0.8% in Q1 2025, reaching $12.05 per square foot per month.
Bedok ‘Health & Medical Care’ redevelopment site for sale at $63m
The site will be sold with a 60-year leasehold tenure.
Six-storey industrial site in Tampines for sale at $380m
The property has a remaining land tenure of 34 years.
Upper Serangoon site up for sale
It has a guide price of $260m.
CBD office rents hold steady in Q1 despite vacancy rise
Core CBD Premium and Grade A office rents slipped by 0.1% QoQ to $11.67 per square foot
Soon Hock buys Ching Shine site for $113.2m
The site comprises 52 strata units on a 49,308 sq. ft. land area.
Warburg Pincus expands Japan presence with two April acquisitions
The firm announced that its joint venture with Eastgate Group had acquired the Shinagawa Seaside West Tower.
Digital Core REIT issues $91m fixed rate notes due 2030
Proceeds will be used to fund an equity investment in Osaka 3 GK.
Real estate investment sales sink 41.1% QoQ in Q1 2025
Year-on-year, investment sales grew 16.6%.
Suntec Tower 1 office floor on sale for $41m
The property is for sale via private treaty.
Keppel sells Palm City development stake for $141.4m
It is expected to result in net divestment profit of around $55m for Keppel.
Craig Road shophouse on the market for $10.25m
The property has a land area of 1,558 square feet.
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