Entries by meyer

, , ,

The PATMI record was largely due to the divestment gains from CDL’s sale of Millennium Hilton Seoul

Read more: Industrial rents increased seventh consecutive period of growth of 1.5% q-o-q in 2Q2022 City Developments Limited (CDL) has reported record profits with net profits after tax and non-controlling interests (PATMI) in the amount of $1.13 billion during the first quarter of FY2022 which ended June. The half-year’s earnings are an increase in comparison […]

, , ,

Freehold development charge payable of about $20,886,880 translate to a land price of $2,052 psf ppr

Owners of Sutton Place, which is a residential development of 44 units located situated at 25, 26, and 28 Farrer Road, have launched a collective sale tender to sell the development’s freehold. The property is expected to fetch an estimate of $285 million. this sale is promoted by Colliers. Copen Grand enbloc in conjunction with […]

, , ,

REIT managed to achieve a portfolio occupancy of 99.8%, with lease expiry period of 8.7 years

Lendlease Global Commercial REIT has disclosed a unit-based distribution that is 2.45 cents for the 2HFY2022 that finished in June, bringing the full year payout up to 4.85 cents. Copen Grand launch price bid of $400,318,000. The site attracted seven offers, including those from CSC Land Group and a joint bid from Sunway Development and […]

, , ,

Newly opened fitness and wellness centre within the conservation block at Amara Sanctuary Resort Sentosa

Core Collective has launched its first hotel partnership with Amara Sanctuary Resort Sentosa, Core Collective Sentosa in the beginning of August. It is located in a conservation structure located within Amara Sanctuary Resort in Sentosa the wellness and fitness retreat features an outdoor bootcamp, a functional training areas, a fully-equipped indoor personal training facility, as […]

, , ,

Asia Pacific real estate most liquid asset class drawing in US$30.6 billion in 1H2022

Research conducted by JLL estimates that around US$70.9 billion ($97.8 billion) in regional Asia Pacific transaction volumes were recorded during the beginning of the year. This is an increase of 17% decrease in y-o-y in comparison to the same period in 2021. Copen Grand EC Tengah Garden Walk will house around 620 residential units ranging […]