Commercial Property
Keppel Pacific Oak US REIT Management taps Lee Yingqi as new company secretary
She will join Darren Tan as the company’s joint company secretaries.
CapitaLand Investment closes $194.4m blind pool fund deal in South Korea
The fund acquired a commercial property for $428.5m.
Empyrion Digital enters Japan with 25MW AI-ready data centre
The construction of the data centre will commence in 2025.
Blackstone acquires $21b AirTrunk data centre
It is the company’s largest investment in the Asia Pacific region.
Atelier Capital forms consortium to invest in Capri by Fraser Changi City
Its JV with a global real estate fund will lead the consortium.
Data centres are the most profitable in Singapore's REIT market in 2023—report
The total return rate for data centres was 19.4% in 2023.
Figtree Holdings sells Esme unit to director's daughter for A$1.4m
The price reflects a 1.67% discount from the unit's listed price.
Far East Group divests Penang property to Oxford Capital for $716k
The asset comprises a two-storey shophouse.
Concorde Hotel & Shopping Centre at 100 Orchard Road on sale via public tender
The tender will close on 16 October at 3 pm.
Land charge revisions reveal property market weaknesses, expert says
The government revised the LBC rates for four use groups.
SLA revises land betterment charge rates for 4 use groups
The revised charges will apply until 28 February 2025.
GuocoLand profit drops 38% to $129m in FY2024 amidst higher costs
It also reported lower basic earnings per share.
ESR-LOGOS sells 81 Tuas Bay Drive for $35m, gains 16.7% above valuation
It expects to complete the divestment in Q4 2024.
ESR completes first phase of US$2b data centre project in Nanko Kita
The first phase will provide 25MW of data centre capacity.
Lok Yang Way site up for sale via tender
The tender will close on 22 October at 11 am.
Singapore joins group of highly transparent commercial real estate markets
Globally, it ranked 13th in market transparency.
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