Starhill Global Real Estate Investment Trust obtained a three-year unsecured and committed revolving credit facility of S$40 million from UOB.
Olam International has upsized its flagship debt facility by US$300 million to US$1.98 billion, and will use it to refinance existing loans.
Suntec Real Estate Investment Trust’s manager is looking to acquire a half stake in London’s Nova development from Canada’s pension fund, based on an agreed property value of £430.6 million (S$766.5 million).
Starhill Global Real Estate Investment Trust obtained a three-year unsecured and committed revolving credit facility of S$40 million from UOB, its manager announced on Monday evening.
Olam International has upsized its flagship debt facility by US$300 million to US$1.98 billion, and will use it to refinance existing loans, said the group in a statement on Tuesday.
Commercial investment sales jumped by 96.4 per cent quarter on quarter to some S$3.3 billion. Significant commercial deals were “prevalent” in Q3 as the economy began to reopen after Covid-19 pandemic-related restrictions according to Knight Frank’s Q3 market report published on Friday.
Suntec Real Estate Investment Trust’s manager is looking to acquire a half stake in London’s Nova development from Canada’s pension fund, based on an agreed property value of £430.6 million (S$766.5 million). The Nova development consists of two Grade A office blocks with ancillary retail – Nova North and Nova South – as well as The Nova Building, a primarily residential asset.