Ascendas India Trust to build and acquire warehouse in Panvel for $42.1 mil

SINGAPORE (July 11): The trustee-manager of Ascendas India Trust (a-iTrust) has entered into a construction funding and forward purchase agreement with a subsidiary of Arshiya, to develop an additi

Broker's Calls

Why a data centre at 7 Tai Seng Drive makes 'perfect sense' for Mapletree Industrial: DBS

SINGAPORE (Apr 30): DBS Vickers Securities is maintaining its “buy” call on Mapletree Industrial Trust (MIT) with a target price of $2.22, which has yet to price in the REIT’s potential acquisition


AA REIT secures first tenant for newly-completed Tuas redevelopment

SINGAPORE (Sept 4): The manager of AIMS AMP Capital Industrial REIT says it has secured its first tenant, whose business is in the aerospace industry, for its newly-completed redevelopment located


Ascendas REIT to divest 10 Woodlands Link for $19.3 mil

SINGAPORE (May 31): The manager and trustee of Ascendas REIT (A-REIT) have entered into a sale and purchase agreement with Sengkang Import & Export for the sale of 10 Woodlands Link for $19.28

Cache Logistics to sell Changi North Way property for $26 mil

SINGAPORE (Dec 19): Cache Logistics Trust is divesting Cache Changi Districentre 3 to Agility International Logistics for $25.5 million.

Viva Industrial Trust to acquire 6 Chin Bee Avenue for up to $97 mil

SINGAPORE (Oct 27): Viva Industrial Trust (VIT) has entered into an agreement with Sharikat National to acquire 6 Chin Bee Avenue, a newly completed five-storey ramp-up logistics warehouse.

Global Logistic Properties signs new leases powered by e-commerce

SINGAPORE (Oct 18): Global Logistic Properties (GLP) announced that it has signed 2.3 million sf of new leases in China, US and Japan to e-commerce related companies.

In print this week

How courier startup Roadbull is charging ahead

SINGAPORE (Aug 26): Entrepreneurship was always “the end game” for 33-year-old Alwin Liang, founder and CEO of Roadbull, one of Singapore’s newest courier delivery companies.

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