Commercial Property
Average CBD Grade A office rents jumped 12.6% to hit 10-year high in Q2
Average CBD Grade A office rents jumped 12.6% to hit 10-year high in Q2
Rates in Beach Road/Bugis Area rose 18% to $9.18 psf pm.
Mapletree Industrial Trust's NPI grew 12.2% to $77.92m in Q1
New revenue contributions from 18 Tai Seng and 30A Kallang Place drove up earnings.
Frasers Centrepoint Trust NPI down 1.1% to $34.6m in Q3
The absence of property tax refund hit income.
Chart of the Day: Total office supply in CBD to hit 3.3 million sqft by 2022
Marina Bay will account for most of its stock.
CapitaLand Mall Trust NPI up 10.9% to $273.25m in H1
The Westgate acquisition in November 2018 boosted half-year earnings.
Frasers Commercial Trust NPI slipped 3% to $19.75m in Q3
It was hit by higher property tax expense for Alexandra Technopark.
How The Great Room is riding on Asia's co-working wave
It targets established, value-sensitive corporates that make up the fastest growing segment in Asia.
Eu Yan Sang Building up for sale at $62.5m
It has a combined land area of 6,264 sqft.
Prime US REIT makes trading debut on SGX-ST
It launched the largest IPO YTD by market capitalisation.
Keppel Corporation profits dropped 39.3% to $356.28m in H1
The lack of en-bloc sales and lower contributions from property trading weighed on its earnings.
Can Keppel DC REIT achieve 7% cap rate level?
Some of its acquisitions have been delayed or taken off the market.
Retail property investment sales jumped 52% to $961m in Q2
Chinatown Point was sold for $520m or $2,450 psf NLA.
Cromwell EREIT buys three assets in France for $122.7m
Its portfolio now comprises about 100 properties across Europe.
Revamp works to weigh on CapitaLand Commercial Trust's income
It could lose $23m-$25m of income if 21 Collyer Quay is closed for a year.
Higher renewed rents could uplift Keppel REIT
Its Singapore portfolio also enjoys a committed occupancy of 98.9%.
104-year-old mid-rise Leshan Gardens up for sale
There is potential for 50 new residential units upon redevelopment.
CapitaLand Commercial Trust's $220m private placement five times oversubscribed
The new units will start trading on SGX-ST on 29 July.
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