THREATS from frayed US-China trade relations and a gloomy economic outlook could stifle any recovery for Singapore’s retail and industrial property markets in the near term, according to two research reports released by Colliers International on Wednesday.
Mapletree Commercial Trust (MCT) is proposing to buy a business park in Pasir Panjang at an agreed property value of S$1.55 billion from Heliconia Realty, a direct wholly-owned subsidiary of Mapletree Investments, MCT’s sponsor.
