FRASERS Commercial Trust kept distribution per unit (DPU) stable at 2.4 Singapore cents in the first quarter  ended Dec 31, 2018, even with hits to top and bottom lines, as distributable income was propped up on various fronts.

KNIGHT Frank Singapore has appointed real estate veteran Wendy Tang as group managing director (MD) with effect from April this year to replace current group MD and chairman Danny Yeo.

URBAN and infrastructure consultancy Surbana Jurong is building a new campus for its global headquarters in the upcoming Jurong Innovation District. The groundbreaking ceremony for the 68,915 square metre development was held on Friday.

A FREEHOLD six-storey commercial building at 291 Serangoon Road is being relaunched for sale at a lower price of between S$46 million and S$49 million.

THE Real Estate Developers' Association of Singapore (Redas) announced its new management committee for the 2019/2020 term, which is to be headed by City Developments Ltd (CDL) group general manager Chia Ngiang Hong as president.

THE ink has barely dried since Forchn Holdings launched a US$150-million private equity fund last year to buy logistics real estate in South-east Asia but already the sponsor of EC World Reit has plans to launch a second, bigger fund.

SINGAPORE-LISTED property players aren't seeing a significant impact of the Brexit crisis on their operations and investments in the UK for now, but are watching developments closely.