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Kelvin Chow Lendlease

Lendlease REIT to Buy Out Jurong East Commercial Complex for $1.5B 

2022/02/15 by Christopher Caillavet Leave a Comment

Lendlease Global Commercial REIT (LREIT) is raising its bet on suburban retail with a S$2.08 billion ($1.54 billion) deal that gives it full ownership of a mixed-used complex in Singapore’s Jurong East area.

The SGX-listed REIT has agreed to purchase… Read More>>

Wee Cho Yaw

Developer Controlled by UOL Chairman Said Buying Singapore Luxury Site for $52M

2022/02/07 by Beatrice Laforga Leave a Comment

A private developer owned by the Wee family which controls Singapore’s UOL Group has reportedly added a new luxury site to its pipeline with the purchase of a pair of bungalows in the city’s upscale District 11.

A unit of… Read More>>

Orchard Towers

Orchard Towers Owners Said Ready to Set $1.2B Price on Singapore Commercial Project

2022/02/04 by Beatrice Laforga Leave a Comment

The proposed collective sale of one of Singapore’s most infamous centres of sin is ready to take a step forward with owners of units in Orchard Towers reportedly set to vote on a recommended reserve price of S$1.6 billion ($1.2… Read More>>

SUNeVision-iAdvantage-Hong-Kong-Fanling-Data-Center

Singapore Named Second-Best Data Centre Market Globally as Hong Kong Rejoins Top 10

2022/02/04 by Christopher Caillavet Leave a Comment

Hong Kong has re-entered the ranks of the top 10 data centre markets worldwide after a one-year absence, while Singapore remains Asia Pacific’s premier server-hosting hub despite supply constraints, according to a Cushman & Wakefield report.

Singapore moved up two… Read More>>

Guoco Midtown2

Singapore Office Rents Expected to Rise By Up to 5% in 2022

2022/02/04 by Beatrice Laforga Leave a Comment

Office rents in Singapore’s central region are predicted to jump by 3 to 5 percent this year on tight supply, improved leasing sentiment and a bigger portion of the workforce returning to the office, according to analysts at Knight Frank… Read More>>

Google data centre

Singapore Sets Efficiency Targets as Data Centre Reopening Kicks Off

2022/01/31 by Beatrice Laforga Leave a Comment

New data centres are on the way in Singapore, the government revealed late last week, but not very many and only under tight efficiency guidelines, according to information provided by regulators to data centre industry players in an online meeting.

… Read More>>

Broderick Storie PAG

PAG Buying Singapore’s Cross Street Exchange From FLCT for $603M

2022/01/25 by Beatrice Laforga Leave a Comment

PAG has agreed to buy an office and retail complex in Singapore’s central business district from Singapore-listed Frasers Logistics & Commercial Trust for S$810.8 million ($603 million).

The Hong Kong private equity player is buying the Cross Street Exchange near… Read More>>

Allan_Lee schroders

Schroders Buying Northern Singapore Neighbourhood Mall From BBR for $155M

2022/01/25 by Christopher Caillavet Leave a Comment

UK private equity firm Schroders has agreed to buy a northern Singapore mall for S$208 million ($154.8 million), as neighbourhood retail continues to attract property investors during the COVID-19 era.

The British finance firm, which took over Hong Kong’s Pamfleet… Read More>>

Jcube singapore

CapitaLand Buying Singapore’s JCube Mall From CICT for $253M

2022/01/25 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust (CICT) has agreed to sell a mall in western Singapore’s Jurong Lake District to CapitaLand for S$340 million ($253 million), the second disposal of a local asset announced by the SGX-listed REIT in less than three… Read More>>

sherman kwek CDL

CDL, GuocoLand JV Place Top Bids in Singapore’s First Land Sale of 2022

2022/01/19 by Beatrice Laforga Leave a Comment

Sites for luxury housing development continued to find favour with developers in Singapore’s first land sale of the year, despite new market restrictions put in place just one month ago, with local development giant CDL besting seven other bidders for… Read More>>

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