Commercial Property
Daily Briefing: Grab raises US$200m in fresh funding; LTA to award six bike-sharing licenses
Daily Briefing: Grab raises US$200m in fresh funding; LTA to award six bike-sharing licenses
And Hong Kong-based Campfire Collaborative is joining Singapore's co-working fray.
Chart of the Day: Limited supply continues to boost office rents in Q3
Leasing costs are at $10 psf/monthly.
Industrial sector takes charge over real estate investment in Q3
Data centres and high-spec facilities are the new coveted assets.
Chart of the Day: 34.4% of Q3 property investment sales are residential
Interest for office properties is picking up.
Improving office and retail market could boost Mapletree Commercial Trust
It saw a continuous growth in DPU. Improving office rents and retail sentiment in Singapore could unburden investors of the fear that Mapletree...
CapitaLand Mall Trust's DPU could rise in 2019 as major projects finish
The $789.6m purchase price for Westgate implies a property yield of 4.3% or $2,746 psf.
Office rentals rose 2.5% amidst rent increase in Q3
Vacancy rates dropped 0.2% despite the 28,000 sqm net lettable area increase in the stock of office rentals.
Retail rentals fell 1.2% in Q3 as prices kicked up a notch
Retail rent prices increased 0.3% amidst a 26,000 sqm net lettable area decrease in the amount of retail occupancies.
Mapletree Commercial Trust NPI up 2.2% to $86.26m in Q2
Gains were backed by higher contributions from VivoCity, MBC I, and MLHF.
Ascendas REIT NPI slipped 1% to $158.9m in Q2
The dip was caused by a one-off reversal of accrued operating expense last year.
CapitaLand Commercial Trust NPI climbed 37.3% to $80.40m in Q3
Thanks to contributions from Asia Square Tower 2 and Gallileo which were acquired in November 2017 and June 2018.
CDL buys London office for $687m
It has a net lettable area of 329,200 sq ft with 26 floors.
Chart of the Day: Real estate investment sales crash 34.5% in Q3
The proportion of home investment sales contracted from 61.2% in Q2 to 34.4%.
Factories get a facelift amidst Singapore's industrial property sector transformation
With a glut of industrial space in the pipeline, developers are rolling out tempting amenities and incorporating the latest tech in order to lure long...
Industrial property prices down 1.1% in Q3
Rents also dipped 0.4%.
CapitaLand Mall Trust NPI up 1.1% to $122.68m in Q3
DPU grew 5% to $0.292.
JustCo to open China Square Central space
It is slated for opening in Q4 2019.
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