CBRE Successfully Brokers a Ramp-up Industrial Building in Jurong for S$191.1 million
Mr. Rimon Ambarchi, Head of Industrial & Logistics, Singapore & Southeast Asia at CBRE, who brokered the deal, says, “By virtue of its excellent property specifications and its location within the Fishery Port Food Zone, 1 Buroh Lane consistently enjoys 100% building occupancy.
Singapore’s Golden Mile Complex sold with vacant possession by Edmund Tie
Golden Mile Complex of 718 strata units is scheduled for legal completion in November 2022 and vacant possession of the development will be handed to the developers in May 2023. The successful buyer is a consortium comprising Perennial Holdings Pte Ltd, Sino Land, and Far East Organization.
ESR wins Kwai Chung land bid to develop its first state-of-the-art cold storage and logistics project in Hong Kong
Prime site located in the centre of Hong Kong, which is well-connected to Kowloon and Hong Kong Central Business Districts, Hong Kong International Airport and the border to Mainland China.
CBRE advises Panasonic and Kyocera on land sale, maximises value of asset
CBRE recently supported the sale of land in Osaka that previously housed Panasonic subsidiary Sanyo Electric’s Suminodo factory and Kyocera’s Osaka Daito Office.
Colliers’ commentary on the tender closing for Dunman Road and Pine Grove (Parcel A)
Both sites were launched for tender in Q1 2022 under the Confirmed List on the 1H 2022 government land sales (GLS) programme. The tenders closed on 2 June 2022 with just a handful of bids, albeit at robust prices says Colliers.
Edmund Tie brokers the Collective Sale of Golden Mile Complex at S$700 million
Edmund Tie & Company as the sole marketing agent announces the collective sale of iconic landmark, Golden Mile Complex, at S$700 million to a consortium comprising Perennial Holdings Pte Ltd, Sino Land, and Far East Organization. The collective sale of Golden Mile Complex is subject to the...
Huizhou Greater Bay Area iconic high-end Shopping Mall Huamao Place (華貿天地) sold to Spring REIT
Mr. Leung Kwok Hoe, Kevin, CEO and an Executive Director of Spring Asset Management Limited said, “The acquisition of Huamao (華貿天地) is fully in line with Spring REIT’s strategy to invest in yield-accretive and income-producing real estate assets with long-term growth potential.
TA Corporation Ltd Freehold Serviced Apartment Building near Novena Medical Hub sold for $86.5 M by Delasa
A 15-storey serviced apartment development located next to Health City Novena was sold by TA Realty Pte Ltd, a wholly-owned subsidiary of TA Corporation Limited, for $86.5 million to RL Shan Pte Ltd a joint venture between RL Properties Pte Ltd (a wholly owned subsidiary of Roxy-Pacific Holdings...
JLL advises on JCube transaction in Singapore S$340m
JLL announced that it advised on the divestment of JCube, a mall owned by CapitaLand Integrated Commercial Trust (CICT) in Singapore. CICT, a Singapore Exchange (SGX) listed real estate investment trust (REIT), today announced the closure of the S$340 million disposal of the asset to Tanglin R.E...
CapitaLand sold all units of DEFINE luxury residential development Ho Chi Minh City Vietnam in two hours
CapitaLand sold DEFINE Vietnam in two hours at average selling price of VND125 m per Sqm in exclusive weekend preview. Mr Ronald Tay CEO of CLD Vietnam said: “The stellar sales performance of DEFINE is a testament to CapitaLand’s reputation and real estate expertise in designing and delivering...