PGIM Real Estate is selling a pair of floors in an office building on Singapore’s Robinson Road to a buyer said to be from mainland China, as private investors continue to dominate deals in the Lion City’s commercial market.
After… Read More>>
Asia real estate and outbound investment news
PGIM Real Estate is selling a pair of floors in an office building on Singapore’s Robinson Road to a buyer said to be from mainland China, as private investors continue to dominate deals in the Lion City’s commercial market.
After… Read More>>
Just two weeks after a new price record was set for a commercial floor on Singapore’s Orchard Road, a two-floor transaction at S$4,988 ($3,896) per square foot has shattered that market benchmark for office space in the Lion City.
Luxury… Read More>>
Singapore’s office vacancy hit a 2.5 year high in the third quarter of 2024, with an influx of completed projects and near-term economic headwinds cooling down rent growth, according to JLL.
Overall grade A office vacancy in the central business… Read More>>
ThaiBev, the SGX-listed beverage and food giant founded by billionaire Charoen Sirivadhanabhakdi, has completed the transfer of its stake in Frasers Property to a private vehicle controlled by the Thai liquor tycoon, as part of a S$2.1 billion ($1.7 billion)… Read More>>
German developer and investment manager Garbe has opened a Singapore office as the firm’s first location outside Europe, tapping former Boyu Capital executive Chenhui Xia to lead the new outpost.
The Lion City office is aimed at connecting Hamburg-based Garbe… Read More>>
Just over one year after winning provisional approval to redevelop a trio of buildings at the west end of Singapore’s Orchard Road, Ong Beng Seng’s Hotel Properties Ltd is poised to sell a commercial complex along the eastern portion of… Read More>>
An Orchard Road office floor has sold to a local healthcare group for S$31.3 million ($24 million), deal broker Savills confirmed Friday, as Singapore’s strata market shows signs of picking up amid a broader commercial real estate recovery.
Parkway Hospitals… Read More>>
Singapore property investor 8M Real Estate has acquired the single-storey retail podium at the Sceneca Residence project in Tanah Merah for S$64 million ($49 million).
Shophouse specialist 8M bought the under-construction Sceneca Square next to Tanah Merah MRT station in… Read More>>
Seasoned observers of the city-state’s commercial real estate markets predicted a rebound in deal volume, premised on expectations of lower borrowing costs and a normalisation of asset pricing, in the final session of the Mingtiandi Singapore Forum on Tuesday.
Investors… Read More>>
More than 200 industry leaders attended the Mingtiandi Singapore Forum 2024 on Tuesday, making the event the company’s biggest ever.
Attendees at the forum heard top leaders from Bain Capital point to special situations opportunities in Japan and China, learned… Read More>>