Commercial Property
Tight vacancies in CBD offices to drive Suntec REIT's gains
Tight vacancies in CBD offices to drive Suntec REIT's gains
Suntec City Office, MBFC, and ORQ could benefit from positive office rental reversions.
First Sponsor profits up 30% to $33.3m in Q3
Higher sales in China and the Netherlands boosted the growth.
Mapletree North Asia Commercial Trust's NPI up 1.3% in Q2
The income boost came from Festival Walk mall and its Japanese properties.
Chart of the Day: Industrial tenancies up 5% in Q3
Tenancies rose at a slower clip as firms held back in their expansion plans.
Industrial space prices up 0.1% in Q3: JTC
Prices of multi-user factory spaces remained unchanged whilst single-user factories edged up 0.3%.
Office prices down 3.9% in Q3: URA
This reverses the 0.9% price growth in the previous quarter.
Retail rents up 2.3% in Q3: URA
It recovered from a 1.5% decline in Q2.
Chart of the Day: Industrial investment sales up 12% to $681m in Q3
This was driven by Keppel DC REIT’s acquisition of two data centres.
Property investments jumped 45.6% to $10.67b in Q3
The commercial sector boosted the figure thanks to strong liquidity and a low interest rate environment.
Home, office property transactions up 90% in Q3
GuocoLand’s $800m home buy boosted figures.
Suburban malls to drive FCT's resilience amidst slowing retail market
It has delivered positive DPU growth every year since its listing in July 2006.
Chart of the Day: Check out the top retail property transactions in Q3
Weak market sentiment has made investors selective in their acquisitions.
Great Eastern opens new office in Paya Lebar Quarter
The Grade A facility will host 1,400 financial representatives.
Suntec REIT's NPI up 3.2% to $58.36m in Q3
Revenue from Suntec City and contributions from 55 Currie Street boosted its growth.
Mapletree Logistics Trust raises $250m through private placement
The placement was 13 times oversubscribed.
Mapletree Industrial Trust's NPI grew 13.3% to $79.9m in Q2
This was due to revenue contributions from new acquisitions.
FCOT NPI fell 7.4% to $82.7m in FY2019
Lower occupancy for Alexandra Technopark and divestment of 55 Market Street dragged it down.
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