THREATS from frayed US-China trade relations and a gloomy economic outlook could stifle any recovery for Singapore’s retail and industrial property markets in the near term, according to two research reports released by Colliers International on Wednesday.
A freehold hotel development site in the Orchard Road precinct is up for sale, for above $155 million. JLL’s Hotels & Hospitality Group and Cushman & Wakefield are joint exclusive advisers to Lucrum Capital for the sale of the site.
