The Business Times
SHARES of ESR-Reit fell by 9.8 per cent amid heavy trading, one day after the manager announced plans to raise about S$150 million to fund a Singapore acquisition and asset enhancement initiatives (AEIs)
The Business Times
SHARES of ESR-Reit hit a five-month low on Friday amid heavy trading, one day after the manager announced plans to raise about S$150 million to fund a Singapore acquisition and asset enhancement initiatives (AEIs).
The Business Times
SUBSIDIARIES from SingHaiyi Group, Chip Eng Seng Corporation and Hong Kong-listed Chuan Holdings on Friday jointly won the collective sale tender for Maxwell House at a price of S$276.8 million.
The Business Times
LENDLEASE Global Commercial Reit (Lendlease Global Reit) on Friday said its portfolio occupancy stood at 99.7 per cent as at March 31, down by a marginal 0.1 percentage point on year and unchanged from the previous quarter.
The Business Times
ESR-REIT'S private placement to raise S$100 million was 3.4 times subscribed following a book-building process, the manager said on Friday. The upsized option was also fully exercised.
The Business Times
Business parks have proven to be more resilient than other subsectors in the industrial space. Data from JTC shows that while the rental index for all industrial spaces sank 14.4 per cent between Q2 2014 and Q1 2021, business parks bucked the trend by rising 5 per cent. This was due in part to limited supply.
The Business Times
TWO adjoining three-storey conservation shophouses at 73 and 75 Neil Road have been put up for sale via expression of interest with a collective guide price of S$30 million, said exclusive marketing agent CBRE on Thursday.
The Business Times
IN the case where AIMS Apac Reit (AA Reit) converts several assets into data centres once the moratorium is lifted, the real estate investment trust's value will be enhanced and well supported by unitholders, DBS Group Research said in a Thursday report.
The Business Times
ESR-REIT is looking to raise about S$150 million via a private placement and preferential offering to fund its S$119.2 million acquisition of a Tanjong Penjuru logistics facility, as well as asset enhancement initiatives for properties in Tai Seng and Ang Mo Kio.
The Business Times
FRASERS Logistics & Commercial Trust (FLCT) on Thursday posted a 9.5 per cent rise in distribution per unit (DPU) to 3.8 Singapore cents for the first half ended March 31, from 3.47 cents for the comparative period the year before.
The Business Times
THE pains of margin compression for property developers in Singapore look set to continue, given recent tightened border measures due to the surge of Covid-19 cases in India.
The Business Times
COOLING measures have been named as the biggest risk faced by Singapore's real-estate market, a poll among senior executives of real-estate firms has found.
The Business Times
DBS Group Research has maintained its "buy" call on real estate company Tuan Sing Holdings, raising its target price to S$0.54, from S$0.46 previously.
The Business Times
TWO office floors located at levels nine and 16 of Malacca Centre have been put up for public tender, sole marketing agent CBRE announced on Wednesday.