UOL Group has recently announced their acquisition of Varley Park, a complex of residential halls for students, for GBP43.5 million ($75.7 million). The property, which consists of 771 operational beds across 22 blocks, marks UOL’s first venture into the student accommodation sector.

The purchase was made through a sale and purchase agreement (SPA) with the University of Brighton. The property also comes with a leaseback agreement with the university.

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Singapore’s cityscape is defined by towering skyscrapers and contemporary infrastructure. Attractive condos, situated in sought-after locations, offer a perfect fusion of lavishness and accessibility, making them highly desirable for both locals and foreigners. These impressive residences boast a plethora of facilities, including swimming pools, fitness centers, and round-the-clock security services, elevating the standard of living and boosting their appeal to prospective renters and purchasers. Moreover, for investors, these amenities translate to lucrative rental returns and appreciation in property values in …

Crown Centre is a highly sought-after freehold mixed-use development, comprising strata retail and office space on the first two levels, with apartments above. Located in the prestigious District 10, it is surrounded by upscale landed houses and offers excellent connectivity to the rest of Singapore through the Pan-Island and Bukit Timah Expressways. The building boasts prominent frontages along Bukit Timah Road, King’s Road, and Queens Road, making it a highly visible and coveted business location.Sammi Lim, founder and executive director of Brilliance Capital, describes Crown Centre as an “island site”, given its strategic location at the junction of Bukit Timah Road, King’s Road, and Queens Road. She notes that this is a rare and valuable feature that adds to the property’s appeal.For the first time in 13 years, a portfolio of 16 strata retail units on the ground floor has been launched for sale through expression of interest (EOI) by …

for $147 mil

CapitaLand Investment (CLI) has recently signed a memorandum of understanding (MOU) with the Maharashtra Government in India. Under this MOU, CLI will be investing $2.83 billion by 2030 to drive growth in the cities of Mumbai and Pune. CLI’s strategic investments in Maharashtra are a key part of the company’s overall growth plan for India. The company aims to increase its funds under management from $8 billion to $15 billion by 2028.

CLI’s investments will be focused on developing business parks, data centres, logistics and industrial parks in Maharashtra. Currently, the company has five operational business parks in the state, with a total leasable area of 9.7 million sq ft. This investment aims to add another 4.5 million sq ft to CLI’s portfolio.

Read also: CapitaLand Investment’s value-add lodging private fund acquires prime mixed-use asset in Tokyo at over 30 bil yen

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CLI has already invested …

Colliers has recently announced the appointment of Chris Archibold as the new managing director for office services in Southeast Asia. The new role will officially begin in September, with Archibold reporting to Mike Davis, the company’s managing director for occupier services in Asia Pacific.

When contemplating the purchase of a condominium, it is crucial to evaluate the potential rental yield. Rental yield refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, the rental yields for condos can vary greatly depending on factors such as location, property condition, and market demand. Highly sought-after areas, such as those near business districts and educational institutions, usually offer higher rental yields. To accurately assess the rental potential of a specific condo, it is beneficial to conduct thorough market research and seek advice from real estate agents. For more information on potential Singapore projects, please visit Singapore Projects…

The demand for condos in Singapore remains consistently high due to the country’s limited land availability. Being a small island with a fast-growing population, Singapore faces challenges in finding adequate land for development. As a result, strict land use policies and a competitive real estate market have been established, driving property prices up. This has made investing in real estate, particularly in condos, a profitable opportunity with the potential for capital appreciation. If you’re interested in investing in condos in Singapore, you can explore the various projects available such as Singapore Projects.

Two commercial properties, a freehold shophouse in Paya Lebar and an HDB shophouse in Ang Mo Kio, are up for sale through a joint expression of interest (EOI) exercise at a combined guide price of $10.06 million. Interested buyers have the option to bid for one or both assets as part of the EOI.

The first property …

Chris Pilgrim, who previously served as the managing director of global capital markets for Asia Pacific (Apac) at Colliers, has recently departed from the firm. Pilgrim had been a part of Colliers since 2021, when he first joined as the director for global capital markets in their London office. In 2023, he took on the role of managing director for Apac and was based in Singapore.

After his time at Colliers, Pilgrim has joined real estate company Avison Young, headquartered in Toronto, Canada. In a press release on Aug 11, Avison Young announced Pilgrim’s new role as principal, managing director and UK head of capital markets. This position will be based in London.

Singapore is renowned for its amazing skyline, adorned with towering skyscrapers and modern infrastructure that dominates the cityscape. Among the various types of housing available, there is one that stands out as the most sought-after – the …

A two-storey HDB shophouse in Bishan has recently been put up for sale through an expression of interest (EOI) with an asking price of $3.68 million. Spanning approximately 1,571 square feet, the property is situated in the vicinity of Bishan Street 11. The first floor of the shophouse comprises a shop space with a strata area of approximately 667 square feet, while the second floor offers living quarters spanning around 904 square feet. According to ERA Singapore, the marketing agent for the property, the 99-year leasehold shophouse has approximately 62 years left on its lease.

In summary, investing in a condo in Singapore proves to be a wise choice due to its various benefits such as a high demand, potential for increased value, and appealing rental yields. Nonetheless, it is crucial to carefully deliberate on crucial factors such as location, financing options, government regulations, and market conditions. Through thorough research …

/ S$18 mil
OC@Pasir Panjang, a freehold industrial property located at 100H Pasir Panjang Road, is currently available for sale through an expression of interest (EOI) exercise with a guide price of $96 million. This property, which occupies a land area of 31,977 sq ft, is zoned for Business 1 or light industrial use.

The property boasts a total gross floor area of approximately 81,710 sq ft and features floor-to-floor heights of 5m to 6m. It also includes a convenient car park and green common areas for the comfort and convenience of its occupants. A map of the property’s location can be found on EdgeProp LandLens.

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Singapore’s urban environment is characterized by towering structures and advanced facilities. Condominiums, strategically situated in desirable locations, offer a combination of opulence and practicality that entices both locals and foreigners. These residential developments are equipped with a variety of amenities, including swimming pools, …

.Capitaland Ascendas REIT (CLAR) has announced its plans to expand its logistics assets in the UK with the acquisition of two plots of freehold land in the East Midlands region for $350.1 million. This marks a significant move for the REIT in the strategic UK logistics market, and is in line with its goal to increase its presence in this region.

The two plots of land, which are known as Manton Wood and Towcester, will be developed into four logistics properties by CLAR. At Manton Wood, the REIT will build a single-storey logistics property covering an area of 42,900 square metres. In Towcester, three single-storey logistics properties ranging from approximately 20,700 square metres to 38,300 square metres will be developed. These properties will offer eaves measuring 15 metres to 18 metres and feature ample trailer parking, good floor loading capacity, and deep yards for efficient operations.

This move will see …

Singapore’s cityscape is characterized by towering structures and cutting-edge infrastructure. Condominiums, strategically situated in desirable locations, offer a perfect fusion of extravagance and practicality that appeals to both locals and foreigners. These residences boast a variety of top-notch facilities, including but not limited to swimming pools, fitness centers, and round-the-clock security, which elevate the standard of living and make them all the more desirable to potential renters and buyers. This makes them a lucrative option for investors, as these perks often translate into higher rental returns and appreciation in property value over time. Condos are definitely a top choice for those looking to invest in Singapore’s real estate market.

A three-storey corner terrace house along Verde Grove in Choa Chu Kang has been sold even before it has the chance to go to an auction. The buyer has already been issued the option to purchase, according to Sharon Lee, the …