News

Singapore defies real estate investment decline as Q2 transactions hit $4.02b
Standout deals include the purchase of Fraser Tower for $990.63m and Marina Square Shopping Mall for $487.4m.
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Better second half expected of CapitaLand on higher residential sales and ASB M&A
CapitaLand, South-east Asia’s largest property group, is expected to have a better 2H19 now that assets under management have expanded to $129.1 billion after the acquisition of Ascendas-Singbridge (ASB).
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SPH Reit launches S$1b multicurrency debt programme; in talks for potential acquisition
RETAIL landlord SPH Reit has established a S$1 billion multicurrency debt issuance programme, with part of the proceeds to be potentially used for a possible acquisition.
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1,556 private homes including EC units sold in July, up 89% from June
DEVELOPERS sold 1,178 private homes in July 2019, up 43.5 per cent from the 821 units they moved in the previous month, but down 31.7 per cent from the 1,724 units they found buyers for, in July 2018.
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Escalating US-China dispute will weigh on Singapore retail, industrial property markets: Colliers
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.
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