Commercial Property
Keppel DC REIT to dispose NetCo bonds, shares in $79.2m deal
Keppel DC REIT to dispose NetCo bonds, shares in $79.2m deal
KDCREIT first subscribed to the bonds on December 2021.
CapitaLand Ascendas REIT completes acquisition of 9 Tai Seng Drive
$275.5m used from private placement.
Ascott adds 11 new resorts in Asia and Middle East portfolio
The firm said it has more than 20 new resort properties slated to open in the future.
COTD: Strata office sales hit $699.6m in H1
The average unit price fell 3.2% to $2,787 per square foot.
Tuan Sing swings to H1 profit on $19.2m
Revenue fell 34% YoY to $70.3m due to muted operational performance across its core business segments.
Ascott signs deal to manage five-star hotel in Johor Bahru
It will offer 207 rooms and target both short- and long-stay travellers.
Gov’t pilots initiatives to enhance Boat Quay vibrancy
Starting from 18 August 2025, applicants may submit proposals for new bars.
BHG Retail REIT NPI down 16.1% in H1
This is due to the weakening of the RMB against the Singapore dollar.
Daiwa House Logistics Trust’s NPI up 6.1% YoY in H1
NPI rose to $22.5m during the period.
Paya Lebar Green debuts as eco-smart office hub outside CBD
It’s also designed to enhance the health and well-being of its occupants.
CapitaLand Ascendas REIT completes acquisition of 5 Science Park Drive
Part of $500 million private placement deployed.
Pasir Panjang Road site up for sale via EOI
It has a total gross floor area of 7,591.14 square metres.
Singapore developers seen holding back on land bids
Some may form joint ventures for big projects to cut risk.
Keppel sells Saigon Sports City stake at a discount
The deal was first announced in 2024.
CapitaLand Integrated Commercial Trust NPI edges down 0.4% in H1
Still, DPU rose 3.5% to 5.62 cents.
CICT launches $500m private placement to fund CapitaSpring acquisition
Units are priced between $2.105 and $2.142.
Lendlease to sell Jem office segment to Keppel
The net cash proceeds from the divestment are estimated to be $459.4m.
Read Here
Advertise
Sign Up
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform