IReit Global ventures into Spain, acquires four office buildings
IREIT Global has partnered with Tikehau Capital to enter the Spanish market with an acquisition of four freehold office buildings in Madrid and Barcelona.
Commercial, residential buildings to find new life as hotels
DEVELOPERS continue to jump on the hotel-conversion bandwagon, with Fragrance Group for its flagship office building in Alexandra Road and Lian Beng for Wilkie Edge among the latest to have received nods from the Urban Redevelopment Authority (URA).
Low Keng Huat posts Q3 loss, warns of poor sentiment from property cooling measures
MAINBOARD-LISTED builder Low Keng Huat (Singapore) has warned that property market softness from cooling measures lingers on, even as it sank into the red on the back of a sole private-home launch in the third quarter.
SPH Reit borrows A$205m to fund Australia mall stake purchase
SPH Reit has obtained A$205 million (S$194.8 million) in secured loans from Westpac Banking Corp to finance its proposed acquisition of a half-stake in Westfield Marion Shopping Centre.
Singapore keeps building until the buyers come
[HONG KONG] You'll build and they'll come? Well, don't bet on it.
Thakral Corp sets up venture to invest in Japan properties
MAINBOARD-LISTED Thakral Corporation has set up a joint venture (JV) to invest in properties in Japan.
Kampong Bugis, River Valley GLS sites up for application
THE Urban Redevelopment Authority (URA) has made available for application a white site in Kampong Bugis and a hotel site in River Valley Road on the government's reserve list.
Cushman & Wakefield partners Suzhou Industrial Park
COMMERCIAL real estate services firm Cushman & Wakefield on Thursday said it will help Suzhou Industrial Park (SIP) expand investment opportunities. In doing so, Cushman & Wakefield will utilise its offices in South-east Asia. These include Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam.
Cushman and Wakefield partners Suzhou Industrial Park to boost investment opportunities
COMMERCIAL real estate services firm Cushman and Wakefield on Thursday said it will help Suzhou Industrial Park (SIP) expand investment opportunities. In doing so, Cushman & Wakefield will utilise its offices in South-east Asia.
Kampong Bugis white site, River Valley hotel site available for application: URA
THE Urban Redevelopment Authority has made available for application a white site at Kampong Bugis and a hotel site at River Valley Road on the government’s reserve list.
MNACT buying 2 Tokyo offices that will help mitigate revenue loss from Festival Walk closure
MAPLETREE North Asia Commercial Trust's (MNACT) manager announced on Wednesday that it is acquiring an effective interest of 98.47 per cent in two freehold office properties in Greater Tokyo, Japan for S$482.5 million (37.9 billion yen) from Mapletree Investments.
Hakka association selling 13 semi-detached houses at Bt Timah with S$38m guide price
FONG Yun Thai Association, an umbrella body for three Hakka clans in Singapore, is looking to collectively sell 13 semi-detached houses at 11 Holland Link with an indicative price of S$38 million.
Collaboration is key to ride Asian student accommodation wave
UNIVERSITY enrolment in the Asia-Pacific region has swelled due to an expanding middle-class and more students opting to pursue tertiary education.
Straits Trading to acquire property in Victoria, Australia for A$24m
THE Straits Trading Company announced after trading hours on Wednesday that the Trust, an indirect 80 per cent-owned subsidiary of Straits Real Estate, is acquiring a mixed-use office and industrial property located in Mulgrave, Victoria for A$24 million (S$22.3 million).
Mapletree North Asia Commercial Trust to acquire 2 Tokyo office properties
MAPLETREE North Asia Commercial Trust's (MNACT) manager announced on Wednesday that it is acquiring an effective interest of 98.47 per cent in two freehold office properties in Greater Tokyo, Japan for S$482.5 million from Mapletree Investments.