Commercial & Industrial

Tan Choon Siang, CEO of CICT's manager, says: “If we do see an asset that we like, and we are able to fund it and buy it at a price that makes sense for unitholders, we will definitely take a look."

Property

CICT’s Tan Choon Siang marks first year with billion-dollar deal streak

Acquisition of Paragon and divestment of Asia Square Tower 2 follow CapitaSpring deal and ION Orchard acquirement

Singapore

Singapore billionaire population more than doubles as Apac wealth surges: Knight Frank

The number of ultra-high-net-worth individuals has grown by 54.5% in 2021 to 7,171 this year

The Reit is exiting Asia Square Tower 2 at an estimated 3% yield and redeploying proceeds into Paragon at a higher 3.9% net yield, notes Darren Chan of Phillip Securities Research.

Property

S$3.9 billion Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure

Deal, to be partly funded by S$2.5 billion divestment of Asia Square Tower 2 to IOI, seen as ‘tactical swop’; may yield redevelopment potential on freehold Orchard Road parcel

The 99-year leasehold Pek Chuan Building sits on a land area of 28,700 sq ft with about 56 years left on its lease.

Property

Pek Chuan Building back on the market at same guide price of S$80 million

This is owners’ second attempt to sell the four-storey commercial building

From left: Soo Haw Yun, EDB vice-president for global enterprises; Frank Grutter, Swiss ambassador to Singapore; Richard Yu, Endress+Hauser Singapore managing director; and Henry Chia, Endress+Hauser corporate sales director.

Companies & Markets

Swiss company Endress+Hauser launches tech and calibration centre in Singapore – its first in Asia

It plans to invest 10% of revenue annually in developing new products and technology

CapitaLand Development Singapore CEO Ronald Tay says the larger units in Gourmet Xchange will provide businesses with "greater long-term cost stability and operational certainty".

Property

CapitaLand Development bets big on food with launch of Gourmet Xchange facility in Kallang

The ‘unconventional’ hub should generate relatively stable returns, says its Singapore CEO

How should a long-term investor think about physical property versus shares of property developers versus Reits?

Podcasts

Is buying Reits and shares in property developers better than investing directly in physical property?

Get to grips on choosing among physical property, shares of property development and investment groups, and real estate investment trusts or Reits. Get investment ideas and learn what it takes to inve...

The new AI park at one-north is likely to boost demand for industrial spaces in the area, say analysts.

Property

Government’s AI push set to spur interest in one-north tech hub: analysts

CapitaLand, CapitaLand Ascendas Reit, Keppel DC Reit stand to benefit from drive to build artificial intelligence ecosystem

Values of premier office buildings in Singapore's CBD are underpinned by strong fundamentals.

Opinion & Features

THE LEVEL GROUND

Seeing positives for Singapore Reits from investors’ support of Keppel Reit’s DPU-dilutive MBFC Tower 3 acquisition

With demand for office trusts focused in the Republic despite lower yields, more capital should be allocated domestically

Certain sectors in Singapore's industrial market are expected to moderate significantly as a wave of new supply enters the market.

Property

OUTLOOK 2026

Singapore industrial market set for ‘uneven growth’ in 2026

High-spec, high-tech industrial space in demand, but occupiers growing more cost-conscious and older assets face pressure

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