Commercial Property

Chart of the Day: Island-wide vacancy rate in retail dipped to 7.7% in Q2

This was due to the increase of retail space demand in Funan and suburban areas.

Frasers Property to redeem $600m of perpetual bonds

It comes at a redemption price of $250,000 for every $250,000 nominal amount.

Prime office rents up 0.9% in Q2

Co-working space operators drove net absorption.

Singapore defies real estate investment decline as Q2 transactions hit $4.02b

Standout deals include the purchase of Fraser Tower for $990.63m and Marina Square Shopping Mall for $487.4m.

33 strata retail units in Parklane Shopping Mall up for sale for $55.7m

All units have been tenanted and the property will be sold with its tenancy.

Kaki Bukit terrace factory for sale at $5.5m

The property is priced $5.5m with no payable land rent or Additional Buyer’s Stamp Duty.

Government to add residential and commercial areas to Greater Southern Waterfront

The Pasir Panjang Terminals will be moved to free up more space.

GIC buys 25.1% stake in Lendlease's Sydney unit

The transaction is expected to fully close in Q3.

Could the Singapore CBD be revitalised like Sydney's?

Robust net absorption and growing rents paint a positive outlook for the sector.

Top five S-REITs averaged total return of 47.4% YTD

RHT Health Trust has the highest total return at 98.2%.

CDL weighs redevelopment options amidst Q2 profits slip

Potential targets include Fuji Xerox Tower and City House.

Chart of the Day: New industrial supply to hit 18.8 million sqft in 2020

Almost half of it will be from multiple-user factories.

Manulife US REIT NPI up 30.8% to $72.46m in Q2

Contributions from acquisitions like Centerpointe and Penn and Phipps boosted income.

OUE profit surges ten-fold to $60.86m in Q2

It was boosted by its disposal of Aquamarina Hotel Private Limited.

Chart of the Day: Demand for data centres to hit 56.5MW by 2022

Utilisation rates are tipped to hit 87% in three years time.