Commercial Property
Chart of the Day: Prime retail rents down 5.4% in Q2
Chart of the Day: Prime retail rents down 5.4% in Q2
Average prime retail rents in all locations declined in the second quarter.
JTC launches 2 sites via tender
The sites at Tampines North Drive 3 and 160 Gul Circle both have a tenure of 20 years.
GuocoLand's profit fell 55% to $114.07m in FY2020
Revenue from investment properties and hotels dropped.
Chart of the Day: Prime office rents in Raffles Place/Marina Bay down 4.1% in Q2
This is due to landlords lowering their expectations to maintain occupancy.
Singaporeans show Renewed Interest in UK's Commercial Buy-to-Let Properties
Whilst property markets in Asia are still reeling from the effects of the global pandemic, UK commercial properties are already showing signs of life...
Chart of the Day: Office supply pipeline to hit 4.3 million sqft by 2024
Pre-committed rates for most buildings in the CBD for 20201 are deemed healthy.
Chart of the Day: Office rents fell in Q2
Grade B offices at Shenton Way/Robinson Road/Tanjong Pagar led the decline.
Chart of the Day: Office investments made up 71.5% of property sales in Q2
It was thanks to the sale of 30% stake in TripleOne Somerset and 50% stake in AXA Tower.
Property market liquidity dipped 5% in Q2
It was attributed to the Lion City’s souring office and retail rents.
Chart of the Day: Property investment sales down 53.5% to $1.9b in Q2
Transactions were of lower price quantum as investors are wary about their spending.
Sembcorp unit to develop industrial park in Myanmar
A deal will be inked shortly with the Yangon Region Government for the lease of 436 ha of land.
Ascendas bags $100m through its first green bond
It’ll be used to refinance 17 green properties from its portfolio.
Chart of the Day: Warehouse space occupancy grew 0.8ppt in Q2
A rise in e-commerce sales contributed to the segment’s growth.
Cromwell EREIT's NPI climbed 6.6% to $93.76m in H1
New office acquisitions boosted growth by $22.74m.
Chart of the Day: Freehold strata office sales down 34.1% to $106.2m in H1
Despite the fall in total transaction volume and sales, the average unit prices rose.
CDL's profit plunged 99.1% to $3.15m in H1
Hotel operations accounted for 82% of the drop in revenue.
United Hampshire US REIT's NPI hit $15.52m from March-June
Its inaugural DPU came at US$0.0178.
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