CapitaLand Ascendas Reit completes acquisition of 49% interest in Japan data centre
TL;DR CapitaLand Ascendas REIT has completed the S$161.4 million acquisition of a 49% stake in an Osaka, Japan data centre. The deal diversifies CLAR'
Philippines presidential hopeful Sara Duterte impeached, awaits Senate trial
TL;DR Sara Duterte's impeachment adds political risk to Philippine property markets already under pressure from POGO departures and peso weakness. BGC, Bay Area, and reclamation
Trump calls Iran’s response to US peace proposal ‘unacceptable’; oil prices jump
TL;DR A jump in oil prices above $80, driven by US-Iran tensions, threatens Asia-Pacific property markets. Higher energy costs increase construction expenses and can delay central bank
The REIT used $188.3m from its equity fundraising proceeds to partially finance the Greater Osaka asset.
TL;DR CapitaLand Ascendas REIT has completed the acquisition of a Greater Osaka data centre, deploying S$188.3 million in equity fundraising proceeds. The deal expands its
S-REITs are positioned as a defensive strategy, supported by active asset recycling.
TL;DR S-REITs offer 5.5–7% yields against 3.2% Singapore inflation, backed by MAS regulation and active asset recycling. REITs like CICT, MLT, and Keppel DC
S-Reit acquisitions pick up with improved financing
TL;DR S-Reit acquisition volumes have surged by an estimated 40% in 2024 as easing debt costs and stabilized financing conditions renew manager confidence, unlocking growth in sectors
The new technology centre anchors regional banking capability development.
TL;DR UOB's new Singapore tech hub anchors over 1,000 roles, signaling strong long-term demand for premium CBD office space. This major lease supports rental