Singapore-based real estate investment trust, Frasers Centrepoint Trust, has recently made a substantial sale by offloading its retail property, Changi City Point, for a staggering $338 million. This move highlights the trust’s strategic decision to streamline its portfolio, consequently generating additional capital for future investments. The transaction not only signifies attractive prospects for investors but also demonstrates resilience in the ever-evolving Singaporean real estate market.
Kajima Corporation has announced the launch of its latest regional headquarters, The Gear, situated in Changi Business Park. This state-of-the-art facility is set to serve as a strategic hub for Kajima’s operations, fostering innovation and collaboration in the region. With its modern design and cutting-edge amenities, The Gear aims to enhance productivity and further strengthen Kajima’s presence in Singapore’s thriving business landscape.