UNITS of Keppel DC Reit rose as much as 7.78 per cent in active trading on Tuesday, following news that it had raised S$478.2 million to partially fund a proposed acquisition of a 99 per cent interest in Keppel DC Singapore 4 and a 100 per cent stake in 1-Net North Data Centre.
COWORKING spaces now take up 3.7 million square feet (sq ft) in net lettable area (NLA) of Singapore's commercial space, tripling from 1.2 million sq ft in 2015 to become one of the top six occupier sectors, said Colliers International.
MAPLETREE Industrial Trust (MIT) looks to raise at least S$350 million through a private placement to partially fund its joint purchase of a North American data centre portfolio worth US$1.37 billion, which the trust said would cost it about S$965 million.
A SINGLE storey detached bungalow located at 72 Garlick Avenue in a good class bungalow (GCB) area has been put up for sale via expression of interest (EOI) for S$16.5 million.
KEPPEL DC Reit is planning to raise about S$473.8 million to partially fund the acquisition of a 99 per cent stake in data centre Keppel DC Singapore 4 (KDC SGP 4), along with a 100 per cent stake in 1-Net North Data Centre (1-Net North DC).
SYDNEY-headquartered Lendlease Group has lodged a prospectus to list a new Reit (real estate investment trust) on the Singapore Exchange (SGX) mainboard.
MAPLETREE Investments and Mapletree Industrial Trust (MIT) are set to acquire a North America data centre portfolio worth US$1.37 billion (S$1.9 billion) from data centre provider Digital Realty.
DEVELOPERS in Singapore moved 1,122 private homes in August 2019, down 4.8 per cent from the 1,179 units they sold in the previous month, but 81.8 per cent higher than the the 617 units sold in August 2018.
A SINGLE storey detached bungalow located at 72 Garlick Avenue in a good class bungalow (GCB) area has been put up for sale via expression of interest for S$16.5 million.
SHI Ka Yee, in her 70s and dubbed the "Ferrari woman" for a series of offences while driving her Ferrari, is understood to be in the early stages of selling her bungalow in Astrid Hill for S$47 million.
ASCENDAS Australia Hotel Trust (AAHT)'s A$120 million (S$113.2 million) acquisition of serviced apartments in Melbourne has been terminated, said Ascendas Hospitality Trust on Friday.
A TWO-STOREY good class bungalow (GCB) at 18A Yarwood Avenue is set to go up for sale via auction next week with a guide price of S$23 million, marketing agent Knight Frank Singapore said on Friday.
CITY Developments Limited (CDL) on Friday said its cash offer to acquire all the remaining shares in its London-listed subsidiary Millennium & Copthorne Hotels (M&C) has been declared unconditional in all respects.
RICH Capital Holdings has received two legal letters from an Indonesian law firm appointed by Karya Indo Batam (KIB) demanding full control of a joint venture property development in Batam and compensation of S$20 million.
YING Li International Real Estate has been given a further extension of time by the Singapore Exchange to report its Q2 results due to potential discrepancies in its financial statements found by its new finance team.