Cromwell E-Reit to raise some 90m euros in proposed private placement

Following a book-building process, the manager and underwriters will determine the placement's issue price and number of new units to be issued.

Accor reports 2020 loss, flags recovery in several markets

EUROPE'S biggest hotel group Accor reported an annual loss on Wednesday, as coronavirus lockdowns and border closures weighed throughout the year, but...

Hong Kong’s January home prices edge up as optimism returns

HONG Kong's home prices snapped three months of decline in January, official data showed on Wednesday, starting 2021 with a modest gain...

E-commerce explosion fuels Canada warehouse boom

CANADA is on the verge of a warehouse building boom as soaring demand for online goods is expected to continue beyond the...

NetLink NBN Trust posts 5.9% rise in net profit for nine months ended Dec...

NETLINK NBN Trust's net profit was S$69.5 million for the nine months ended Dec 31, 2020, up 5.9 per cent from S$65.6...

Still Rd hotel and residential property on Koon Seng Road up for collective sale

MALACCA Hotel along Still Road and a two-storey residential block on Koon Seng Road have been put up for collective sale, with...

Queen Astrid Gardens condominium relaunched for collective sale at S$123.8m

QUEEN Astrid Gardens has been relaunched for collective sale again with a lower reserve price of S$123.8 million, S$3 million less than...

JTC accepts supervisory responsibility for Kranji site

JTC Corporation has acknowledged that as the site developer, it has overall responsibility for the Kranji Road and Kranji Close site, where...

District 3 (Queenstown, Tiong Bahru) performance over the last 5 years (2021)

This is the second part in a series of posts where we go through all 28 property districts in Singapore and show...

Dropbox to sublease some of its office space in transition to remote working

DROPBOX Inc said on Thursday that it would sublease some of its office spaces as the file-hosting service transitions to a remote...

Mapletree acquires industrial site in Hong Kong for HK$813m

MAPLETREE Investments on Friday said it has acquired an approximately 4,000 square metre (sq m) industrial site in New Territories, Hong Kong...

KReit placement at S$1.13 a unit works out to higher DPU accretion for Keppel...

KEPPEL Reit's (KReit) private placement has been priced at S$1.13 per new unit, about midway in its indicative range.

Developers exploring home design tweaks to support remote working

WITH working from home expected to remain a fixture going forward, some developers are exploring design tweaks to upcoming and future residential...

Guoco Midtown to bring 30 thematic gardens into Singapore’s CBD

GUOCOLAND is weaving 30 gardens into a patch of Singapore's concrete jungle, as more developers take up the challenge to embed "green"...

Mapletree Logistics Trust to acquire five South Korean logistics facilities for 280 billion won

MAPLETREE Logistics Trust (MLT) is acquiring five freehold logistics properties in South Korea for 280 billion won (S$334.8 million) as it seeks...