The redevelopment of some older buildings has been a plus for the Grade A CBD market during the pandemic, supporting rents as some office stock was taken out from the market
CONSERVATION landmark Golden Mile Complex has been sold to a consortium comprising Far East Organization, Perennial Holdings and Sino Land for S$700 million
Workspace landlords like IWG are recovering gradually from the pandemic as people return to offices and businesses choose hybrid work models where employees split time between home and office.