Property
Elite UK Reit divesting property in England for £1.6 million
THE manager of Elite UK Reit announced in a bouse filing on Friday (Dec 20) that Perpetual (Asia) Limited, the trustee of the real estate investment trust (Reit), has...
Clar to acquire and lease back DHL’s Indiana logistics property in S$150.3 million deal
CAPITALAND Ascendas Reit (Clar) is proposing to acquire logistics property DHL Indianapolis Logistics Center in Whiteland, Indianapolis, Indiana, for S$150.3 million from DHL USA.The completion of the deal is...
Office property meltdown is starting to surface at US banks
SLUMPING office property values are rippling through US banks, with smaller lenders in particular ramping up the use of loan modifications in their commercial real estate books.
The typical bank...
Maybank downgrades rating on Malaysia property to ‘neutral’ on JS-SEZ delay, lack of new drivers
MAYBANK Securities lowered its call on Malaysian property developers to “neutral” from “positive” for next year, given the absence of new factors and the delay in details about the...
Property tycoon Gordon Tang and wife make conditional offer of S$1.16 each to acquire all units of Suntec Reit
PROPERTY tycoon Gordon Tang and his wife Celine have made a mandatory conditional cash offer to acquire all the units of Suntec Real Estate Investment Trust (Reit) at S$1.16...
Frasers Property alerted of scam accounts impersonating its subsidiaries
The group warns that these fraudulent accounts could attempt to solicit sensitive information from shareholders and the public under false pretensesFrasers Property was notified of the existence of unauthorised...
CapitaLand Malaysia Trust to acquire Selangor logistics property for RM180 million
CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, has entered into a sale-and-purchase agreement to acquire a freehold automated logistics property in Selangor, Malaysia, for RM180 million (S$54.2...
Frasers Property to redevelop Robertson Walk assets with Sekisui House
The 999-year leasehold site is envisioned to feature ‘a luxury 348-unit residential enclave with an exciting mix of dining and entertainment options’FRASERS Property’s apartment hotel Fraser Place Robertson Walk...
Frasers Property to redevelop Robertson Walk assets into 348 luxury homes for sale
FRASERS Property’s apartment hotel Fraser Place Robertson Walk and its adjoining commercial area, Robertson Walk, will be redeveloped into a mixed-use project with 348 residential units.On Monday (Nov 18),...
Frasers Property, Sekisui team up to redevelop Robertson Walk assets into 348 luxury homes for sale
FRASERS Property’s serviced residence Fraser Place Robertson Walk and its adjoining commercial area, Robertson Walk, will be redeveloped into a mixed-use project with 348 residential units.On Monday (Nov 18),...