Commercial Property
United Hampshire US REIT divests Albany – Supermarket for $32.5m
United Hampshire US REIT divests Albany – Supermarket for $32.5m
The divestment consideration is 4.2% higher than the purchase price of $31.3m.
MLT divests 8 Tuas View Square for $11.18m
The divestment is part of MLT’s portfolio rejuvenation.
CDL achieves over $600m from divestments in 2024
The divestments aim to enhance portfolio efficiency and returns.
Developers to remain 'selective' with GLS bids in 2025
Dairy Farm Walk and Tengah Garden Avenue tenders reflect developers' cautious approach.
Roxy Square relaunched for collective sale at $1.115b
This is a 10.8% reduction from its previous asking price of $1.25b.
Stoneweg EREIT updates green financing framework
The REIT was previously known as Cromwell European REIT.
Freehold strata retail units in Lucky Plaza for sale
The entire portfolio is listed at $52.6m.
Gov’t closes tender for Dairy Farm Walk, Tengah Garden Avenue
Both have a leasing period of 99 years.
Paragon REIT finalises sale of Figtree Grove Shopping Centre
A deposit of approximately A$9.6m has already been paid by the purchaser.
CBD premium rents rise 0.1% in Q4 2024
Vacancy also eased from 5.9% to 5.2%.
Siloam signals interest in First REIT’s Indonesia hospital assets
Siloam currently operates the hospital assets.
What will boost S-REIT recovery in 2025
Analysts advise a gradual increase in S-REIT allocations given anticipated volatility.
Tuan Sing CEO raises stake with 1.38 million share purchase
The shares were bought at $0.27 apiece.
UOL-SingLand JV acquires 50% stake in Sydney property
The acquisition was valued at $390m.
Manulife US REIT warns of net loss amidst 9.3% portfolio valuation decline
The REIT plans to divest properties to repay debt.
City-centres reimagined into mixed-use dev'ts amidst rise of hybrid work: report
Traditional office spaces are being reimagined into mixed-use developments.
Two-storey industrial building at 1 Tuas Link 4 on sale for $55m
The property will be sold via a private treaty.
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