A half-slice of one of Singapore’s premier office towers may be soon to change hands, with OUE Commercial REIT confirming today that it is in exclusive discussions regarding a potential sale of a stake in the OUE Bayfront complex on… Read More>>
Singapore’s Tuan Sing Selling Robinson Road Office Tower for S$500M
Tuan Sing Holdings is making one of Singapore’s largest commercial real estate sales this year after signing a S$500 million ($371 million) sale and purchase agreement with a BVI-registered buyer for the firm’s Robinson Point office building.
In a statement… Read More>>
CapitaLand Fund Buying Office Tower Near Singapore’s Tanjong Pagar for S$200M
Singapore’s office market showed signs of life today as a listed company controlled by the family of Indonesian billionaire Tahir is selling an office tower for S$200 million ($145.6 million), according to an announcement to the stock exchange.
MYP Ltd,… Read More>>
SLB Development Picks Up Singapore Industrial Site for S$112.5M
Singapore’s light industrial assets continued to find favour with investors last week as a developer listed on the city’s Catalist exchange picked up a plot in the city’s Bukit Merah district for S$112,500,000 ($83 million).
SLB Development has agreed to… Read More>>
PGIM Buys Industrial Building in Singapore’s Paya Lebar for S$75M
PGIM Real Estate has acquired a six-storey industrial building in Singapore’s Paya Lebar region for S$75 million ($55 million) the global real estate manager announced on 11 September, underlining the growing popularity of industrial assets with some of the world’s… Read More>>
Singapore Real Estate Poised to Pick Up as Market Proves Resilient: CBRE Sponsored Feature
Now that Singapore has emerged from the circuit-breaker period and business activity is gradually picking up, commercial real estate investors have begun updating their strategies in a world where Covid-19 has altered the ways people live and work.
Mingtiandi sat… Read More>>
Equinix Spent $252M Buying Singapore, India Data Centres Last Week
As demand for cloud services heats up in Asian markets, data centre developer and operator Equinix has struck a deal to purchase a server facility in Singapore, just days after purchasing a pair of similar properties in India.
In Singapore,… Read More>>
AIMS APAC REIT to Buy Warehouse in Singapore’s Jurong for S$129.6M
SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for S$129.6 million ($94.4 million), notching the city’s biggest industrial deal thus far in 2020 as investors compete for logistics investment opportunities.
Fragrance Group Puts Singapore Office Tower Up for Sale at S$715M
Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore’s downtown core for sale at an indicative price of S$715 million ($514.8 million), adding to signs commercial property deals are picking up in the… Read More>>
Frasers Sells Half of S$1.1B Mall to Thai Cousin at Mark-Up Amid Retail Slump
Despite slumping retail sales, a division of tycoon Charoen Sirivadhanabhakdi’s TCC Group has agreed to purchase half of a suburban Singapore shopping centre from Frasers Property, the SGX-listed developer controlled by the Thai billionaire.
TCC Prosperity’s purchase of the south… Read More>>
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