ESR announces over US$1 billion first close of digital infrastructure business across APAC inaugural Data Centre Fund
Jeffrey Shen and Stuart Gibson, Co-founders and Co-CEOs of ESR, said: “APAC is the prime market for data centre development and investment in the new era of digitalisation. Diarmid Massey, ESR Data Centres CEO, highlighted: “With nearly $60 billion of New Economy AUM, digital infrastructure is a...
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...
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...
IWG inks deal at PLUS Building Cecil Street Singapore owned by a private fund managed by CapitaLand
Colliers (NASDAQ and TSX: CIGI) today announced that the world's largest flexible workspace operator, IWG, has added to its Singapore portfolio with the addition of PLUS Building, 20 Cecil Street Singapore leased by Colliers.
Maxwell House Singapore Sold for $276.8 million Cushman and Wakefield
Maxwell House sold enbloc for $276.8 million. Brokered by Cushman & Wakefield, this is the first full commercial collective sale site and largest by value sold to- date this year.
Mediacorp’s Andrew Road Site Sold for S$280.9 Million to PRE 10 Singapore
PRE 10 an entity which will be jointly owned by Perennial Real Estate Holdings and Mr Kuok Khoon Hong Winning Bid Price Outperforms in a Closely Contested Tender Exercise for the Former Caldecott Broadcast Centre Site, Marketed by CBRE and Showsuite.
Singapore’s Sun Venture buys Landsec 1 & 2 New Ludgate £552m one of worlds largest deals 2020
In one of the largest global cross border deals of 2020 Landsec is pleased to announce that it has exchanged contracts to sell 1 & 2 New Ludgate sold to Sun Venture for a cash consideration of £552m in a transaction that demonstrates the strong investor demand for high quality London assets...