Commercial property transactions in the city-state jumped 72% year-on-year to $1.9 billion in the quarter ended March 31, boosted by deals in the offi
Midtown Development Pte, a subsidiary of listed group Oxley Holdings Ltd., bid $415 million for the site, the highest among eight offers received.
The rise of e-commerce giants Amazon Inc. and Flipkart Online Services Pvt. has also stoked the need for seamless, last-mile delivery of goods.
Lim Chow Kiat, the chief executive officer of GIC Pte, named credit excesses and the property market as two of the biggest challenges facing China.
Analysts in Singapore say REITs, or real estate investment trusts, are a better bet than developers in light of the island’s recent cooling measures
SC is evaluating Southeast Asian investments and plans to boost holdings in Australia and Japan.
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