Office Property
Three floors of Suntec Towers 1 and 2 on sale for S$135 million
The guide price translates to an average of about S$3,350 per square foot
Light at last for Hong Kong’s Central office market after seven-year slump
More Chinese firms are seeking to buy financial district offices as the city pushes to become a regional tech hub
Manulife US Reit proposes US$92.5 million sale of Los Angeles property to trim debt
Divestment of 35-storey office property known as Figueroa will see S$10 million net loss
OUE Reit looks to unlock value in mature assets, eyes Sydney for higher-yield growth
Proceeds from a potential One Raffles Place sale could fund its further expansion in Sydney’s Salesforce Tower
Mapletree leans into core strength in US logistics as it winds down student housing fund
Disruptions such as trade tariffs have driven US logistics demand as more warehouse space is being leased on reshoring and supply chain adjustments
A fresh start for Jurong Lake District with Town Hall Link site released
Government to invest in key infrastructure to reduce uncertainties for developers; project will add at least 40,000 sq m of new office space
SingLand sees ‘healthy’ interest in The Clifford ahead of 2028 completion of Raffles Place redevelopment
The group is ‘cautiously optimistic’ on rents in the area, with tight office supply and strong demand for Grade A space expected to lend support
Reits that don’t trade well should be privatised, or sell assets and be liquidated
After selling One Raffles Place, OUE Reit should be taken private or divest the rest of its properties
Chicago office tower sells at an 87% discount to pre-Covid-19 price
The city’s office vacancy rate has climbed to about 27% in the fourth quarter
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
