The Business Times
BOUSTEAD Projects has acquired an 18-storey freehold luxury mixed-used development along 28 and 30 Bideford Road through its 50 per cent-owned joint venture of the group’s wholly-owned subsidiary, BP-Real Estate Investment.
The Business Times
Property managing agent Knight Frank and Security Association Singapore (SAS) have agreed to set up a committee to safeguard the welfare of security workers and foster collaboration among security services and managing agents, the organisations said in a joint statement on Friday (Jun 24). This came after management teams from SAS and Knight Frank met on Wednesday to discuss <a href="/government-economy/knight-frank-recalls-discriminatory-security-officer-job-tender-to-re-issue" target="_blank">discrimination allegations against Knight Frank</a>.
The Business Times
Park Hotel CQ (PHCQ), along with its liquidators, have filed a lawsuit against Park Hotel Management (PHMPL) director, Allen Law Ching Hung, over some S$6.5 million in funds that were transferred out of PHCQ.
The Business Times
TRANSACTIONS have fallen dramatically in the Good Class Bungalow (GCB) market, amid a widening buyer-seller price gap, coupled with weak sentiment in recent months from the stock market, cryptocurrency, macroeconomic and geopolitical fronts.
The Business Times
NEW or renewed retail leases are starting to reflect Singapore’s year-old industry-led code of conduct (COC) for fair tenancy, but tenants still look forward to legislation, which could happen as early as this year.
The Business Times
DBS Group Research on Thursday (Jun 23) said it expects the <a href="/real-estate/mercatus-co-operative-hires-jp-morgan-for-strategic-review-seen-to-have-bundled-4" target="_blank">potential sale of Mercatus Co-operative’s stakes</a> in AMK Hub, Jurong Point, Nex and Swing By @ Thomson Plaza to support capital values for retail malls in the suburban space.
The Business Times
NINE contiguous strata office units on Level 17 of The Central at Clarke Quay have been put up for sale by expression of interest (EOI) at a guide price of S$28 million, the sole marketing agent JLL announced on Wednesday (Jun 22).
The Business Times
LUNCHTIME and happy-hour crowds have become a common sight again in the central business district (CBD), after Singapore relaxed most of its Covid-19 measures with effect from Apr 26, 2022.
The Business Times
A 5-STOREY mixed commercial and residential building, 200 Bukit Timah Road, has been put up for sale at a guide price of S$20 million, said exclusive marketing agent CBRE on Wednesday (Jun 22).
The Business Times
CAPITALAND Investment (CLI) has established its first onshore renminbi fund in China as part of its asset-light strategy to grow its funds under management.
The Business Times
A big winner from the sale of the strata-held freehold Tanglin Shopping Centre for S$868 million that was announced early this year is City Developments (CDL), which owns 34.6 per cent of the share value and 60.2 per cent of the strata area of the property. CDL expects to book a significant gain from this sale of strata units, which the group held for investment since 1981.
The Business Times
FREEHOLD condominium High Point in the prime Orchard Road area will close its en bloc tender on Jul 28 after the interest level in “super prime residential sites” picked up, said sole marketing agent, Savills.
The Business Times
KNIGHT Frank Property Management has recalled all tender documents for the provision of security services at Spring Grove Condominium, after an association representing companies in the security industry flagged that the documents included discriminatory requirements.
The Business Times
HWA Hong minority shareholders could consider accepting Sanjuro United’s privatisation offer for Hwa Hong and switch to other developers offering a deeper discount to book, UOB Kay Hian (UOBKH) said on Monday (Jun 20) in a report.
The Business Times
EN BLOC hopeful Chuan Park, which is currently in a private treaty period after the tender for its collective sale closed on Apr 26, has received an expression of interest (EOI) from a developer for S$860 million, below its reserve price of S$938 million.
The Business Times
AUSTRALIA-LISTED real estate group Lendlease announced on Monday (Jun 20) that it will be entering into a partnership agreement with PGGM, a pension fund manager based in the Netherlands, with an investment of S$1 billion.
The Business Times
CGS-CIMB cut its target price on real estate services provider Apac Realty to S$0.84 from S$0.93 amid a decline in its market share.
