commercial real estate
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
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
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
Iran shock upends real estate’s long-anticipated recovery
Institutional investors have reduced their target allocations to the sector for the first time since 2012
Apac commercial real estate investment in Q4 caps strongest year since 2021
The increase pushed full-year investment 12% higher year on year to US$147.6 billion
Anchorpoint shopping centre up for sale with S$295 million guide price
This works out to around S$3,751 per sq ft on its existing net lettable area of 78,636 sq ft
Lower funding costs, firm fundamentals to fuel appetite for Singapore commercial real estate
Office and industrial deals are the flavour of the year; interest in the living and hospitality sectors has also risen
Mapletree Investments offloads Melbourne office building for over A$90 million, at steep discount
The price tag is almost 38% lower than its original purchase price of A$145 million in 2017
PropertyBank: Small team, big deals in Singapore’s real estate market
The consultancy aims to go beyond traditional brokerage, providing end-to-end support for companies
Operational friction holding back Apac data-centre deal flow as investors turn selective: report
New economy assets are favoured for high potential, but regulatory complexity, talent shortages and competition could weigh on returns
