What happened, and who moved.
Resorts World Sentosa (RWS) has opened Four Points by Sheraton Singapore, Jurong, following the rebranding and refurbishment of the former Genting Hotel Jurong. The 15-storey property is expected to serve the growing business and leisure demand as the precinct develops into Singapore's second CBD. Located along…
Tan Boon Liat Building, a freehold industrial property at 315 Outram Road, has been sold en bloc to Kingsford Group for $950 million. The deal is subject to the “the fulfilment of certain conditions and owners’ approval”, said marketing agent Cushman & Wakefield in a July 21 release. The sale marks the biggest en…
Lentor Gardens Residences sold 270 of the 499 condo units in the development (54%) on its launch day on July 18, says developer Kingsford Group. The average price for the residential units was $2,350 psf. The sales excludes the three strata-titled terraced houses. All three strata retail shops were also taken up,…
Real asset owner and manager ESR has appointed Reini Otter as CEO of its Australia and New Zealand business. Otter has spent 28 years at Frasers Property Group, including the past seven as CEO of Frasers Property Industrial. He helped build the group’s industrial platform and expand its industrial and logistics…
The government has launched a series of measures to accelerate the adoption of robotics and innovative technologies in Singapore's built environment sector. These include rental waivers for technology testbeds, streamlined procurement processes and regulatory changes aimed at reducing barriers to deployment. The…
Three adjoining freehold conservation shophouses in one of Singapore's most tightly held heritage precincts are up for sale via Expression of Interest (EOI). Positioned along the vibrant Smith Street, the combined asset brings together a rare combination of scale, immediate income and long-term investment value…
Lendlease announced a new investment partnership with Dutch pension fund manager PGGM to establish the Lendlease Japan Modernisation Partnership (LLJMP). The JPY120 billion (~S$954.1 million) partnership will acquire and upgrade logistics and office assets across Japan, with an initial focus on Greater Tokyo and…
Freehold strata-industrial project Generations @ Tannery achieved a complete sellout on its public launch day (July 17), with all 54 production units and five canteen units taken up by 4pm. VIP previews for whole-floor purchasers began on July 16. The 12-storey development offers strata-titled production units…