GuocoLand has obtained the temporary occupation permit for the office component of its S$2.4 billion ($1.83 billion) Guoco Midtown project, opening the doors for tenants to begin occupying the 30-storey tower in Singapore’s downtown core, the Singapore-listed developer announced Tuesday.
Boustead Fund Acquires Singapore Industrial Building For $75M
A fund led by Singapore’s Boustead Projects and Metro Holdings is acquiring an industrial facility in the city-state’s Paya Lebar region for S$98.8 million ($75.16 million) as Boustead expands its management of third party capital.
The SGX-listed duo, together with… Read More>>
Dexus Opens Singapore Office, Hires Brian Kwon as Head of Distribution for Asia
Australian property major Dexus is extending its regional reach with the opening of a new office in Singapore and the hiring of Brian Kwon as head of distribution for Asia.
The Singapore office will support the growth of Dexus’s funds… Read More>>
Singaporean Family Office AT Capital Buys Warsaw Mixed-Use Project
AT Capital Group has completed its acquisition of a project in central Warsaw, Poland, where the Singaporean family office is mulling the development of a 41-storey mixed-use commercial and residential tower.
Savills advised the investment firm controlled by Indian-born billionaire… Read More>>
Frasers Group JV Buys Half-Stake in Mercatus Singapore Mall for $497M
The manager of Frasers Centrepoint Trust and its sponsor, Singapore-listed property developer Frasers Property, have teamed up to acquire a 50 percent stake in the largest mall in northeast Singapore from Mercatus Co-operative Ltd for S$652.5 million ($497 million).
FCT’s… Read More>>
Singapore Home Price Growth Eases to More Than Two-Year Low as Sales Slide
Singapore’s private home prices inched up 0.4 percent in the fourth quarter of 2022 compared with levels in the prior three months to record the slowest growth pace in more than two years, according to data from the Urban Redevelopment… Read More>>
Singapore Trade Union Buys Six Shophouses on Serangoon Road For $48M
A union affiliated with Singapore’s National Trades Union Congress (NTUC) has purchased a block of six shophouses along Serangoon Road for S$62.5 million ($47.65 million), according to public records seen by Mingtiandi.
The row of two-storey freehold properties at 322-332… Read More>>
Singapore’s Straits Trading Lists Bond Backed by Tokenised Townhouse on SDAX
Singapore’s Straits Trading has tokenised a corporate bond linked to a landed home in the city’s posh District 10 through which it can raise up to S$7 million ($5.32 million), marking the conglomerate’s first fractionalised real estate-linked asset listed on… Read More>>
Office Floor in Singapore’s Chinatown Point Sold For $13M
An office floor in a commercial block within Singapore’s Chinatown area has changed hands for S$17.38 million ($13.2 million) as investors continue snap up bite-sized opportunities in the city’s office market.
Inter-premium Corporation, a Singapore-registered real estate firm, sold the… Read More>>
Switzerland’s Volare Group Makes Offer for Additional 10% of Sabana REIT
Volare Group has made an offer to acquire a 10 percent stake in Sabana Industrial REIT, a deal that would build on the Swiss conglomerate’s current 5.4 percent interest in the Singapore-listed trust.
Volare, whose business lines include real estate,… Read More>>
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