Commercial Property
Suntec REIT issues $250m perpetual securities
Suntec REIT issues $250m perpetual securities
Net proceeds will be used to refinance existing borrowings.
AIMS APAC REIT completes divestment of 3 Toh Tuck Link property
It now holds 24 properties in Singapore.
CosmoSteel Holdings to dispose 90 Second Lok Yang Road property
The sale to Tenda Equipment & Services is expected to take place in August 2025.
Government maintains high land supply with 2H GLS launch
The GLS programme remains elevated compared to previous years, despite a slight dip from 1H 2025.
Mapletree Logistics Trust divests 8 Tuas View Square
The property was priced $11.18m as of January.
CBRE launches sale of Katong shophouse with $15.5m guide price
The property measures 4,700 sq ft.
CapitaLand China Trust sells CapitaMall Yuhuating to CapitaLand Commercial C-REIT
CLCT will use part of the proceeds to subscribe to 5% of CLCR’s IPO units.
Centurion eyes REIT listing on SGX Mainboard
There is no assurance that the transaction will proceed or materialise.
United House relaunched for sale at $166m
The tender closes at 3:00 p.m. on 1 July.
Suntec REIT prices $250m subordinated perpetual securities at 4.48%
Proceeds will be used to repay existing borrowings.
Singapore remains costly but stable logistics hub in Asia Pacific: JLL
Warehouse rental rates in Singapore are amongst the highest in Asia Pacific, according to Waypoint.
Elite UK REIT acquires three new properties for $16m
The properties generate gross rental income of $1.4m annually.
Digital Edge, B.Grimm Power to develop AI-ready data centres in Thailand
The 100-megawatt Eastern Economic Corridor project will offer high-density colocation.
Acrophyte Hospitality Trust unit sells Michigan property for $8.5m
The net divestment proceeds are estimated at approximately $7.9m (US$6.2m).
CapitaLand expands lodging fund with Tokyo mixed-use acquisition
This is the fund’s third acquisition and second in Japan.
Frasers Property launches Climate and Nature Transition Plan
The plan outlines its strategy to address pressing global challenges related to climate change and biodiversity loss.
IOI Properties acquires CDL’s stake in South Beach for $834.2m
The deal values the South Beach project at $2.75b.
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