OXLEY Holdings will complete asset enhancement initiative (AEI) works on Chevron House and expects to achieve final completion of the sale of the 32-storey Raffles Place commercial building no later than the first quarter of 2020.
A JOINT-VENTURE of offshore marine company Pacific Radiance on Friday announced that it has been awarded about US$2.78 million plus interest as part of arbitration against two Chinese shipyard groups, Shanghai Waigaoqiao Shipbuilding & Offshore and China Shipbuilding Trading (Shanghai).
SPACES, owned by flexible workspace provider IWG, has opened two new locations in Singapore, at TripleOne Somerset and Clarke Quay. This brings the number of locations it has to four, with plans to open an additional two more by year-end.
SINGAPORE escaped the downtrend that caught every other major national Asia Pacific (Apac) real estate market in the first quarter of this year, with commercial real estate investment jumping 72 per cent year-on-year to US$1.9 billion, data released by Real Capital Analytics (RCA) on Tuesday show.
MAINBOARD-LISTED First Sponsor’s wholly-owned subsidiary, Wenjiang (BVI), has completed its acquisition of 60 per cent of the shares in Concord Focus Development, the Singapore-based property developer said on Monday night.
WHILE real estate investment trusts (Reits) are still good investment vehicles, investors should be wary of the assets and acquisitions made by Reit managers, said a group of panellists at a symposium last Saturday.
LIPPO Karawaci CEO John Riady wants what's best for the two real estate investment trusts (Reits) that his company sponsors, even if it means more third-party acquisitions and consolidation with other Reits.
NEWLY appointed CEO of Lippo Karawaci John Riady has, in a sense, been brought in to "clean house", after news last year of an investigation into an alleged bribery linked to the conglomerate's US$21 billion Meikarta development project, which the company has continued to deny involvement in.
LONDON'S office market has foiled the Brexit pessimists and has remained resilient, with offices in exceptionally interesting buildings and areas achieving record rentals.
HONG KONG billionaire Li Ka-shing built his fortune and legendary reputation by displaying an uncanny ability to time asset markets. Investors in Shanghai real estate need to ask whether his son has the same touch.
DESPITE the cooling measures introduced on July 5, 2018, Singapore's residential property market has stayed resilient and quarterly primary home sales rose in the last three quarters, to the surprise of many.
A SEAFRONT bungalow in Cove Drive on Sentosa, dubbed the Copper House, changed hands last month for S$32 million.
JTC has awarded the tender for an industrial site at Woodlands Industrial Park E2/E5 to sole bidder Whye Wah Development & Construction Pte Ltd for S$3.4 million.
SINGAPORE is the third most innovative city in the world, with innovation now an important part of real estate investment strategies, according to a new report from global property consultant JLL.
FRASERS Centrepoint Trust (FCT) said on Friday its private placement equity-fundraising exercise was 2.3 times subscribed at an issue price of S$2.382 - the top end of its issue price range of S$2.30 to S$2.382.