Commercial Property
OpenAI to establish Asia-Pacific hub in Singapore
OpenAI to establish Asia-Pacific hub in Singapore
Singaporeans are among the highest per capita users of ChatGPT worldwide.
CLAS divests Citadines Karasuma-Gojo Kyoto for $53.1m
The price was 40.1% above the asset's book value.
Grade A strata office unit at Prudential Tower on sale for $16m
The unit is currently fully occupied by multinational corporations (MNCs).
APAC Realty and NexUS Global Realty ink MoU to boost cross-border real estate transactions
The partnership will also strengthen agent-investor ties and create new opportunities for clients in both regions.
Ong Beng Seng retains role as Hotel Properties MD despite court charges
One is facing charges of abetting obstruction of justice.
Tourism recovery drives 0.5% rise in Orchard retail rents in Q3
Suburban prime rents however outperformed city rents.
SSC launches new standard for interior floor coatings
It focuses on conventional epoxy, acrylic, and polyurethane floor coatings.
COTD: CBD Grade A office market to tighten from 2025 to 2027
It will only rebound in 2028.
United House freehold site hits market at $166m
The tender for the site closes on 14 November at 3 p.m.
TEHO's Korea unit plans $2.95m acquisition of Busan warehousing facility
The company already made a down payment of $295,000 to the vendor.
Elite UK REIT submits plans for 80MW data centre at Peel Park, Blackpool
The REIT's manager has secured enough power for the proposed data centre.
CapitaLand Development leads bid for Kallang Way industrial food site at $368.9m
The site spans 44,107 square metres.
Samko Timber subsidiary sells factory for $8.9m
The purchase conditions will be done in two instalments.
Commercial shophouse with F&B approval for sale at $12.38m
It has a land area of 1,302 sq ft with a gross floor area of 2,476 sq ft.
Prime office rents in Raffles Place/Marina Bay rise 0.6% in Q3
The Q3 24 growth, however, is slower than the Q3 23 increase.
Mapletree Industrial Trust acquires 98.47% stake in Tokyo mixed-use facility
It will acquire the asset from Nagayama Tokutei Mokuteki Kaisha.
Keppel's Jencity divests 70% stake in Saigon Sports City Limited
Post divestment, Jencity will still have a 30% stake in SSCL.
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