Redevelopment a toss-up between city retail and CBD offices
Redevelopment incentives spark investment in CBD and Orchard retail.
Source: sbr.com.sg
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CDL buys Delfi Orchard in en bloc deal for S$439 million
CITY Developments Ltd (CDL) has bought over Delfi Orchard, a 40-year-old strata-titled building of which it already owns the majority share, for S$439 million. This was just a shade above the guide price of S$438 million when the site was launched for collective sale in mid-April.
Source: businesstimes.com.sg
Chinese Tycoon Du Shuanghua Withdraws From Singapore Property Deal
Chinese tycoon Du Shuanghua has pulled out of the proposed acquisition of $673 million deal to buy Far East Shopping Centre in Singapore's Orchard Road shopping strip.
Source: forbes.com
What more needs to be done to rejuvenate Orchard Road?
Tatler Singapore speaks to industry experts to find out what the central district needs to attract more visitors
Source: tatlerasia.com
Entertainment segment reports 179% on-year growth in retail space leasing: CBRE
Analysts attribute this rise to a rise in people’s increasing preference for shared experiences and a greater proclivity to indulge in leisure activities.
Source: moneycontrol.com