UK property

Investors are only fully pricing in one more quarter-point cut by the UK central bank by the end of the year.

London office demand has become concentrated on the small sliver of new, energy-efficient and amenity-rich buildings.

SINGAPORE (Sept 29): Ascendas REIT is scaling up its portfolio in the UK with the proposed acquisition of a portfolio of 26 logistics properties for £257.5 million ($459.2 million).

SINGAPORE (Oct 10): CIMB is reiterating its “add” call on property developer UOL Group with a higher target price of $7.97 from $7.96 previously, after factoring in the group’s latest property purchases.

UOB says it has temporarily stopped funding London properties as it awaits more clarity on the fallout of the Brexit vote.