commercial real estate

Still, unitholders vote overwhelmingly in favour of the proposed acquisition, with 99.96% of votes for it

The government will also pilot schemes in some precincts to test how space can be used to make the city centre more vibrant

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

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

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

Institutional investors have reduced their target allocations to the sector for the first time since 2012

The increase pushed full-year investment 12% higher year on year to US$147.6 billion

This works out to around S$3,751 per sq ft on its existing net lettable area of 78,636 sq ft

Office and industrial deals are the flavour of the year; interest in the living and hospitality sectors has also risen