Property News
Schroders seeks sale of Wisteria Mall in bid to offload Singapore properties
It has appointed Knight Frank and Savills to raise around S$220 million from the sale
China Investment Corp, PGIM’s 50% stake in Nex mall up for sale; asking about S$1.2 billion
Frasers Centrepoint Trust, the owner of the remaining 50%, has right of first refusal
Tokyo is being reshaped by a historic real estate boom
For years, property prices barely budged; renters could expect their costs to never rise. That era is now over
Airbnb lifts annual revenue growth forecast on resilient global travel demand
About 35% of guests whose first Airbnb booking is a hotel return to book a home, it said
Royal Group and Sunset Hospitality abandon plans to open Casa Mett hotel off Orchard Road
The hotel’s new operator is to be announced, and its opening has been targeted for Q2 2027
China’s Huafa gains ‘full support’ of local government amid bond selloff
The firm failed to repay two maturing trust products and was seeking extensions on some bank loans
US mortgage rates retreat for third week while holding above 7%
But lower purchase activity shows borrowing costs still prohibitively high for prospective buyers
Indonesian party in exclusive due diligence to buy Income Centre for over S$265 million
Price translates to roughly S$3,617 psf on net lettable area of 73,271 sq ft
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