Chong Xin Wei

The deal will lift the fund’s assets under management to S$9.4 billion

After The Robertson House sale, manager expects at least one more divestment this year

The fund, managed by China Life Capital, has a portfolio of five stabilised logistics assets

Deputy CEO Low Kin Hon named interim chief

Analysts expect auction activity to stay resilient in H2, particularly in the residential and industrial segments

Higher operating costs and asset enhancement works could keep rents on an upward trend, say some analysts

Manager says current asset recycling efforts remain focused on Australia assets and Suntec office strata units

This likely represents the largest collective sale transaction in Singapore so far this year, says Cushman & Wakefield

The retailer is likely to remain in the Orchard Road mall under new retail concept stores

Major landlords are investing heavily to revamp malls, reshape tenant mix to map new consumer habits for better returns