16 October 2021

• Cities might be back, but Aspen real estate is still booming
  IF you go by the numbers, Aspen's luxury real estate market did not have a great third quarter.
• ESR-Reit, Ara Logos propose merger with pricing favouring ESR-Reit unitholders
  ESR-REIT and Ara Logos Logistics Trust are proposing to merge in a S$1.4 billion deal, in a move that will create a real estate investment trust (Reit) with S$5.4 billion in total assets.
• New Reit index by SGX and UOBAM tracks environmentally positive Reits
  A NEW real estate investment trust (Reit) index that tracks environmentally-positive Reits was launched on Friday (Oct 15) by the Singapore Exchange (SGX) and UOB Asset Management (UOBAM).
• Analysts see slight lift from foreign demand in Singapore property in Q4 2021
  ANALYSTS have flagged a possible lift in foreign demand in Singapore properties as Vaccinated Travel Lanes (VTL) open up. This comes as the year-to-date tally has already beat total sales in 2020.
• ESR-Reit, ARA Logos propose S$1.4b merger
  THE managers of ESR-Reit and ARA Logos Logistics Trust (ARA Logos) have proposed a S$1.4 billion merger, where ESR-Reit will acquire all of ARA Logos' units in exchange for a combination of cash and new units.
• Porcelain Hotel in early stage of being sold for about S$90m
  IN ONE of the largest deals in the Singapore conservation shophouse market, Porcelain Hotel - comprising 12 contiguous four-storey shophouses along Mosque Street - is in the early stage of being transacted at about S$90 million, The Business Times understands.
• Family of Kopitiam King buys Lornie Road GCB for S$26.8m
  THE family of Lim Bee Huat of Kopitiam King fame is buying a fairly new bungalow along Lornie Road for S$26.8 million.