Commercial
CapitaLand Commercial C-Reit’s public offer 535 times subscribed; 2.29 billion yuan raised from its Shanghai IPO
CapitaLand Investment, CapitaLand China Trust and CapitaLand Development collectively hold 20% of IPO units [SINGAPORE] The public tranche of the Shanghai initial public offering (IPO) of CapitaLand Commerical C-Reit (CLCR) closed ahead...
CapitaLand Commercial C-Reit offering size 7% higher than estimated at 2.3 billion yuan
[SINGAPORE] CapitaLand China Trust (CLCT) will subscribe for 5 per cent of the 2.3 billion yuan (414.6 million) offering in the listing of its Shanghai unit.Its manager in said...
CapitaLand Integrated Commercial Trust raising S$600 million in private placement
[SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) on Wednesday (Aug 6) announced the launch of nearly 284.4 million new units to raise gross proceeds of around S$600 million, priced at...
Mapletree Pan Asia Commercial Trust prices S$200 million of green notes at 2.45%
Proceeds will be used to finance or refinance eligible projects of MPACT and its subsidiaries, says Reit manager[SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) has priced S$200 million of...
Lendlease Global Commercial Reit posts 1.8% higher DPU of S$0.018 for H2 FY2025
[SINGAPORE] Lendlease Global Commercial Real Estate Investment Trust (Reit) posted a marginal improvement of 1.8 per cent in its distribution per unit (DPU) to S$0.018 for the half-year of...
Lendlease Global Commercial Reit to divest office component of Jem to Keppel for S$462 million
[SINGAPORE] Lendlease Global Commercial Reit will be divesting the office component of the Juong commercial-retail development Jem to Keppel for S$462 million, with the proceeds to be used to...
Frasers Logistics & Commercial Trust’s portfolio occupancy falls to 92.5%
[SINGAPORE] Frasers Logistics and Commercial Trust (FLCT) on Thursday (Jul 31) reported a lower portfolio occupancy of 92.5 per cent as at Jun 30, down 1.4 percentage points from...
FLCT to divest commercial building in Australia for A$192.1 million, exiting Melbourne CBD office market
[SINGAPORE] Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1 million (S$161.4 million), as it seeks to exit the Australian...
FedEx partners Singapore startup QuikBot to deploy robots for deliveries in commercial areas
[SINGAPORE] Courier and logistics giant FedEx has partnered home-grown startup QuikBot Technologies to deploy autonomous delivery robots to commercial areas in Singapore and to address the challenges plaguing deliveries...