LREIT to acquire stake in Parkway Parade for $88.9 mil
LREIT to acquire stake in Parkway Parade for $88.9 mil was reported by EdgeProp Singapore on 5 June 2023.
Parkway Parade is an integrated office and retail asset located in Marine Parade.
Why this matters for Singapore commercial property
The transaction or operating update helps investors assess portfolio quality, rental reversions, occupancy and capital allocation in Singapore commercial real estate. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.
Key takeaways
Market: Singapore REITs
Location: East Coast
Reported benchmark: $88.9 mil
News date: 5 June 2023
Explore Singapore commercial properties and current featured listings. For a tailored office or investment search, contact CBD Office Space.
Source: EdgeProp Singapore, 5 June 20238M Real Estate’s shophouse portfolio value soars from $400 mil to $1.4 bil in six years was reported by EdgeProp Singapore on 1 June 2023.
Manchharam: When we first started acquiring shophouses in 2014, none of the properties was above $100 million. Today, we have a handful of properties above $100 million.
Why this matters for Singapore commercial property
Conservation shophouses remain a tightly held segment, so each listing or transaction helps establish current pricing, buyer appetite and potential rental positioning. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.
Key takeaways
Market: Singapore commercial shophouse
Location: Singapore
Reported benchmark: $400 mil, $1.4 bil
News date: 1 June 2023
Explore Singapore commercial properties and current featured listings. For a tailored office or investment search, contact CBD Office Space.
Source: EdgeProp Singapore, 1 June 2023CapitaLand Investment’s refreshed 2030 sustainability master plan integrates 2050 net zero carbon emissions commitment was reported by EdgeProp Singapore on 1 June 2023.
has refreshed its 2030 sustainability master plan (SMP) to strengthen its environmental, social and governance (ESG) pillars.
Why this matters for Singapore commercial property
The listing or transaction provides a current pricing reference and a useful signal of investor demand for Singapore commercial assets. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.
Key takeaways
Market: Singapore commercial property investment
Location: Singapore
News date: 1 June 2023
Explore Singapore commercial properties and current featured listings. For a tailored office or investment search, contact CBD Office Space.
Source: EdgeProp Singapore, 1 June 2023CapitaLand Investment’s refreshed 2030 sustainability master plan integrates 2050 net zero carbon emissions commitment was reported by EdgeProp Singapore on 1 June 2023.
has refreshed its 2030 sustainability master plan (SMP) to strengthen its environmental, social and governance (ESG) pillars.
Why this matters for Singapore commercial property
The listing or transaction provides a current pricing reference and a useful signal of investor demand for Singapore commercial assets. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.
Key takeaways
Market: Singapore commercial property investment
Location: Singapore
News date: 1 June 2023
Explore Singapore commercial properties and current featured listings. For a tailored office or investment search, contact CBD Office Space.
Source: EdgeProp Singapore, 1 June 2023