Commercial Property
CICT divests CapitaSpring’s serviced residence
CICT divests CapitaSpring’s serviced residence
The company is divesting its 45% stake for $126m.
Elite UK REIT’s NPI rise 24.4% YoY to $18m
DPU rose 9.6% to $0.0132.
Sasseur Asset Management’s CEO Cecilia Tan to step down.
Her last day as CEO will be on 28 October.
Mapletree Industrial Trust posts 2% YoY rise in NPI
With a higher NPI, MIT's DPU rose by 1% YoY.
Singapore loses ground as office cost growth lags rivals: Savills
Net effective occupancy costs in Singapore — which include rent and fit-out expenses — rose by 1% in Q1 2025.
Singapore holds steady cap rates across commercial assets: report
Office properties recorded cap rates between 3.00% and 3.50%, among the lowest in the region.
First REIT”s Q1 DPU down 3.3% to $0.0058
NPI dropped 2.8% YoY.
Far East Hospitality Trust’s NPI drops 8.3% in Q1
Gross revenue also declined by 6.8% YoY.
Starhill Global REIT’s NPI up 0.5% YoY in Q3 2024/25
NPI for the period was $37.9m.
JTC launches two new sites under the 2025 IGLS Programme
The sites were launched with an additional three-year tenure.
IREIT Global’s occupancy up 88.7% in Q1
The company linked this to new leases within its Spanish portfolio.
Owner property listings dip in Q1 with weaker office and industrial supply
Retail listings remained stable.
Singapore ranks fifth globally for new luxury store openings
Shanghai, Beijing, and Tokyo claimed the top three spots, with Hong Kong placing ninth.
LMIR Trust NPI slips in Q1
Gross revenue also grew by 4.9% to $49.9m.
COTD: Auction listings up by 7.1% QoQ in Q1
The overall auction listings in the quarter were made up of more mortgagee sales.
COTD: Mortgagee sale listings rise in Q1 driven by residential segment
It consisted of 32 non-landed homes and five landed residences.
CapitaLand Ascendas REIT sees SG occupancy sink in Q1
This was partially offset by higher occupancy rates at an industrial and business property.
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