Commercial Property
Vacancy rate in retail space rises to 7.1% in Q2
Retail space prices inched up by 0.1%.
COTD: Commercial shophouse activity slows in Q2
There were only 18 shophouse transactions, falling 10% quarter-on-quarter.
ESR-REIT completes asset enhancement initiative
The initiative added 2,793 square metres of high-specification industrial space.
Keppel DC Reit NPI grows 37.8% in H1
It was mainly driven by acquisitions.
Creator-led retail space opens in Dempsey Hill
Reverie On Hill (ROH) positions itself as Singapore’s first creator-powered retail space that offers shoppers incentives
Industrial space hits 54 million sqm despite occupancy dip: JTC
Despite this softening, occupancy has remained relatively stable at around 89% since 2023.
CBD office rents steady in Q2
It was up by 1.1% QoQ, the highest increase since Q2 2023.
Mapletree Logistics Trust’s DPU down 12.4% YoY in Q1
Its net property income stood at $153.4m, a 2.1% YoY decline.
Elite UK REIT gets green light for Scotland student housing conversion
Following its development, the property will have a gross development value of $41.6m.
CapitaLand Malaysia Trust’s DPU grows 4.2% YoY in H1
Net property income also grew by 7.3% YoY.
Upper Cross Street property up for sale
It has a total gross floor area of 1,331 square metres.
Prime office rents rise 0.9% YoY in Q2
Knight Frank said Singapore’s prime office market remains stable.
Sing Holdings wins Chuan Grove tender
The partners will form a joint venture company to complete the acquisition.
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