Singapore developer and fund manager Wee Hur Holdings achieved a net profit of S$29.7 million ($23.4 million) in the second half of 2025, after recording a loss of S$12.5 million a year earlier, as it m0re than doubled its construction… Read More>>
Frasers Nears Full Ownership of Centrepoint on Singapore’s Orchard Road With $310M Deal
Singapore-based Frasers Property has won the collective sale tender for the rear block of The Centrepoint for S$391.9 million ($309.9 million), consolidating its ownership of the mixed-use complex in the Lion City’s Orchard Road retail strip.
The rear plot at… Read More>>
Cecil Street Office Block Selling for $138M as Singapore Market Recovery Continues
Singapore’s commercial property rebound has recommenced after the lunar new year break, with a private fund backed by a set of high net worth individuals having agreed to acquire an office building near Tanjong Pagar for S$175 million ($138 million),… Read More>>
Lendlease Selling 30% Stake in Singapore’s PLQ Mall for $210M as REIT Takes Full Control
Australian builder Lendlease has agreed to sell its 30 percent stake in Singapore’s PLQ Mall to its sponsored REIT for S$265.5 million ($210 million) including equity and assumed debt.
The deal will give Lendlease Global Commercial REIT full control of… Read More>>
UOB, OUE REIT Prep $1.9B Sale Campaign for Singapore’s One Raffles Place
Another downtown landmark is set to test Singapore’s rebounding commercial property market, as UOB Group and OUE REIT quietly prepare to put One Raffles Place up for sale for as much as S$2.4 billion ($1.9 billion), market sources confirmed to… Read More>>
Macquarie-Sponsored UI Boustead REIT Wins Eligibility Nod for Singapore IPO
UIB Holdings Ltd, a Macquarie Asset Management-controlled fund manager, is a step closer to an initial public offering of its sponsored UI Boustead REIT after receiving an eligibility-to-list letter from the Singapore Exchange.
As part of the process, Boustead Singapore… Read More>>
Singapore Office Rents Rise for Seventh Straight Quarter as Vacancy Eases
Grade A office rents in Singapore’s central business district rose for a seventh straight quarter in the final three months of 2025, as lower vacancy and a tight supply pipeline boosted landlord pricing power, according to Savills.
Average rents climbed… Read More>>
CICT Net Property Income Rises 6.8% on CapitaSpring Acquisition, Rising Rents
CapitaLand Integrated Commercial Trust’s net property income rose to S$609.9 million ($479 million) in the second half of 2025, a 6.8 percent increase from a year earlier, thanks in part to its acquisition of the commercial component of Singapore’s CapitaSpring… Read More>>
KKR, Singtel Buying Out Data Centre Giant STT GDC in $10.9B Deal
Private equity giant KKR and telco Singtel have agreed to buy the remaining 82 percent stake they don’t already own in Singapore’s ST Telemedia Global Data Centres, in a deal valuing the Temasek-controlled digital infrastructure operator at S$13.8 billion ($10.9… Read More>>
Hongkong Land Launches $6.4B Singapore Fund Backed by QIA, APG
Hongkong Land has launched its inaugural private fund, a Singapore-focused vehicle with assets under management of S$8.2 billion ($6.4 billion) and backing from the Qatar Investment Authority and Dutch pension giant APG Asset Management.
Singapore Central Private Real Estate Fund… Read More>>