Commercial Property
UOB Kay Hian maintains positive view on S-REITs amidst stability
UOB Kay Hian maintains positive view on S-REITs amidst stability
With the 10-year Singapore government bond yield at 2.4% and the 3-month compounded SORA at 2.3%.
Relaxed height rules could spur property boom near Changi
Private apartments from the 1990s could end up being ripe for collective sale.
JTC awards Tukang Innovation Drive site in $81.9m tender
The tender, which was launched on 31 December 2024 and closed on 8 April 2025, attracted five bids in total.
CapitaLand Ascendas REIT raises $500m in private placement
It issued 202 million units at $2.47 each.
S-REITs shift to cash-backed yields, eye 5.5% in FY 2025
It aims to minimise dilution and align distributions with recurring cash earnings.
CapitaLand Ascendas REIT to acquire two properties for $700m
The deals boost CLAR’s Singapore portfolio by 6.6% to $11.7b.
PAG, Tencent to acquire Chinese mall chain operator Wanda
The deal is estimated to be at $8.88b.
Piccadilly Galleria relaunched for sale at $67.5m
The property was initially launched in October 2024.
MacPherson Industrial Complex sold for $103.9m
The tender for the site closed on 22 May.
Bukit Sembawang profit up 13% to $51.4m in H2
However, revenue for the period fell 24%.
Manulife US REIT secures six-month extension for asset disposal
Lenders also approved the sale of the Peachtree office building.
BHG Retail REIT posts 95% committed occupancy rate in Q1 FY2025
It reported a WALE of 2.8 years by gross rental income.
RealVantage expands into South Korea with $71m logistics investment
Construction and leasing are expected to start in Q4 2026.
Kimly unit acquires coffee shop at Yishun Ring road
The purchase consideration stood at $11m.
LHN sells Geylang Road property for $25.8m
It was sold to CWL Properties.
Hongkong Land’s Q1 2025 underlying profit ‘in line’ YoY
The group’s net debt reduced to US$4.9b.
Shophouse at MacPherson Road launched for sale at $7.8m
This is roughly $1,625 per square foot based on gross floor area.
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