Sabana's activist investors to fast-track plan to internalise management after merger with ESR scuppered



ACTIVIST unitholders got to work fast after the proposed merger between ESR-Reit and Sabana Reit fell through on Friday.



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Acquisition growth to continue for industrial S-Reits in 2021



DBS Group Research expects Singapore industrial real estate investment trusts (Reits) to deliver 5 per cent growth distributions per unit in fiscal 2021, aided by acquisitions with potential for more, it said in a sector note on Friday.



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Perennial consortium to acquire former Big Box in Jurong East for S$118m



A CONSORTIUM including real estate firm Perennial Real Estate Holdings will be acquiring the former Big Box property in Jurong East for S$118 million, drawing on the Jurong Lake District's potential as the upcoming second central business district.



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Keppel raises US$400m in first closing for Vietnam-focused fund



KEPPEL Corp's asset management arm Keppel Capital and property arm Keppel Land have launched a Vietnam-focused real estate fund, which raised US$400 million in its first closing.



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Perennial consortium to acquire Big Box in Jurong East for S$118m



A CONSORTIUM including Perennial Real Estate Holdings will be acquiring the former Big Box property in Jurong East for S$118 million, the integrated real estate company said on Friday.



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Broker's take: Excess industrial supply in 2021 may temper rental growth, says DBS



DBS Group Research on Friday said excess supply of industrial space in Singapore in 2021 may lead to organic rental growth potential in the sector becoming more tempered.



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Proposed merger between ESR-Reit and Sabana Reit falls through



Exactly a third of the votes cast by Sabana Reit unitholders were against amendments to be made to the Sabana trust deed to allow for the scheme to even take place.



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Keppel raises US$400m in first closing for Vietnam-focused real estate fund



KEPPEL Corp's asset management arm Keppel Capital and property arm Keppel Land have launched a Vietnam-focused real estate fund, which raised US$400 million in its first closing.



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Ascendas Reit preferential offering oversubscribed; raises S$396.5m



ASCENDAS Real Estate Investment Trust's (Ascendas Reit) preferential offering was oversubscribed, raising gross proceeds of around S$396.5 million, its manager said Thursday night in an exchange filing.



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'Calibrated' GLS, falling condo inventory could revive en bloc market: analysts



THE "conservative" and "calibrated" release of residential supply under the first-half 2021 government land sales (GLS) programme is likely to revive interest in the en bloc market, analysts said on Thursday.



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Big tenants trading places as building owners make big changes



AMID the lull in the Singapore office leasing market, some occupiers continue to make relocation plans.



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Broker's take: RHB initiates coverage on Prime US Reit with 'buy'



RHB has initiated coverage on Prime US Reit with a "buy" rating and a target price of US$1, given its "resilient and attractive" yield, and expectations of stable rental income.



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Private housing supply from confirmed land sale sites up 17.2% for H1 2021: MND



THE government has raised the supply of dwelling units by 17.2 per cent for the first-half 2021 government land sales (GLS) programme, the Ministry of National Development (MND) said on Thursday morning.



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HDB 'lottery' conundrum: analysts weigh in on ways to mitigate it



WHEN certain HDB flats in the Dawson and Boon Tiong area completed their five-year minimum occupation period (MOP) this year, some owners unloaded them on the resale market for a startling 60-70 per cent gain.



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JL Family Office unveils boutique property investment firm



JL FAMILY Office has launched a boutique property investment firm, The Land Managers Holdings, with S$250 million initial capital commitment.



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