IN the last seven months, two of South-east Asia's best-known unicorns announced expansion plans with new addresses in the same neighbourhood.
PRIME US Reit made a tepid debut on the Singapore Exchange (SGX) on Friday, closing at its initial public offering (IPO) price of US$0.88.
THE billionaire cofounder of Hongkong-listed AAC Technologies, which makes miniaturised components including speakers and microphones for mobile devices, is understood to be acquiring a bungalow along Leedon Park for S$31 million.
ASIA-BASED urban and infrastructure consultancy group Surbana Jurong has been appointed master planner for the development of a digital economy hub in the district of Nongsa, which is on the island of Batam. The project was awarded by joint venture (JV) parties Sinar Mas Land and Citramas Group.
PRIME US Reit debuted on the Singapore Exchange (SGX) on Friday afternoon at US$0.865 per unit, down 1.7 per cent or US$0.015 from its initial offer price of US$0.88. The counter was trading at US$0.87 as at 3.22 pm.
THE manager of Prime US Reit, KBS US Prime Property Management, has received applications for 1.2 times the number of units originally on offer, netting the Reit about US$346.2 million at a price of US$0.88 per unit if all units are allocated.
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has completed the acquisition of three freehold office properties in Greater Paris, which cost some 80.3 million euros (S$122.7 million) in total, its manager said in a filing on Thursday.
BEAUTY World Plaza's second en bloc attempt at an unchanged reserve price of S$165 million failed to draw any takers.
AIMS Apac Reit (AA Reit) announced on Thursday it has secured a master tenant for its property at 3 Tuas Avenue 2.
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has completed the acquisition of three freehold office properties in Greater Paris, France, which cost some 80.3 million euros (S$122.7 million) in total, its manager said in a filing on Thursday morning.
A ROW of six adjoining three-storey shophouses along Joo Chiat Road has been put for sale via public tender, real estate services firm CBRE said on Wednesday.
FRASERS Property has secured a A$750 million (S$715.2 million) term loan, comprising a A$500 million green loan tranche and a A$250 million five-year tranche. The A$500 million tranche is Singapore's first green loan with a pricing structure linked to the BCA Green Mark, the real estate developer said on Wednesday.
CAPITALAND Commercial Trust (CCT) continues to deepen its presence in Frankfurt with the acquisition of a freehold office building - its second investment in the German metropolis under two years.
A ROW of six adjoining three-storey shophouses along Joo Chiat Road has been put for sale via public tender, real estate services firm CBRE said on Wednesday afternoon.
CAPITALAND Commercial Trust (CCT) will acquire an effective 94.9 per cent interest in the holding companies of a freehold office building in Frankfurt, Germany, from its sponsor CapitaLand and Lum Chang Holdings.