Singapore

Daiwa House buys Tokyo logistics at 18pc discount

SINGAPORE Exchange-listed Daiwa House Logistics Trust has completed the acquisition of a freehold property in Greater Tokyo for JPY2,640.0 million (S$24.1 million) at an attractive 18.1% discount to independent valuation.…

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SG’s Mapletree net loss S$577.2m

SINGAPORE'S Mapletree Investments reported a net loss of S$577.2 million ($427.7 million) for its fiscal year to the end of…

Singapore’s Hiap Hoe check-in at Perth’s Riverdale

TWO Perth hotels have changed hands, with the Great Eastern Motor Lodge selling for $40 million to Singapore's Hiap Hoe…

Asia Pacific prime rents continue free fall

PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…

Tokyo luxury property rents rise, Singapore decline

DESPITE healthy economic growth and its status as Asia’s financial capital, Singapore’s luxury residential property rents have slumped whilst Japan’s…

Knight Frank SG to auction prized property

KNIGHT Frank Singapore is auctioning a freehold Good Class Bungalow (GCB) land plot in the upmarket neighbourhood of District 10…

SG govt raises $805m from prime land parcel

THE Singaporean Government’s Urban Redevelopment Authority has awarded a 99-year lease of a major development land parcel to a consortium…

Frasers sell off continues with $100m apartment sale

SGX listed property developer Fraser Property has reportedly sold the Fraser Residence River Promenade complex in Singapore for S$140 (USD$103m)…

New Logistics & Industrial leader for JLL SG

NEW YORK listed real estate firm JLL has appointed Jolyon Thomson as Executive Director for the Logistics & Industrial team…