Commercial Property
Industrial properties top investment sales in January
Industrial properties top investment sales in January
Singapore is leading in the data centre industry in SEA.
MPACT’s NPI drops 6.1% YoY in FY24/25
DPU fell 10.0% to $0.0802.
Industrial firms’ caution persists but occupier demand holds firm: CBRE
Most tenants in the sector are still opting to renew their leases.
Can the industrial real estate sector weather the tariff storm?
A slowdown in global trade could put downward pressure on rents.
CICT’s NPI dips by 0.8% in Q1
Blame it on the absence of income from 21 Collyer Quay.
Stoneweg European REIT renews leases of assets in Netherlands, Poland
These will extend the company’s Weighted Average Lease Expiry by almost six months to 5.3 years.
Office space prices dip 0.2% in Q1: URA
Rentals increased by 0.3% during the period.
Retail vacancy rate rises to 6.8% in Q1
Retail space prices also increased by 1.9%.
22 Keong Saik Road launched for sale at $17.5m
The guide price is set at $17.5m, or $5,295 per square foot.
Shophouse sales fall 43% QoQ to $100m in Q1: report
The market saw just 19 caveated shophouse transactions totalling $100m, a 43% drop in transaction value QoQ.
Industrial leasing slips 0.4% QoQ in Q1
There were 3,008 rental transactions during the quarter.
Industrial occupancy unchanged at 89% in Q1: JTC
The sector’s available stock rose to 53.5 million square metres.
Marina Bay Sands adjusted property EBITDA up 1.34% in Q1
Earnings in its operation in Macao reached $17m.
Two freehold commercial properties at Balestier and River Valley Road on sale via EOI
The EOI will close on 2 June at 12 pm.
Mapletree Industrial Trust divests US data centre asset for $15.5m
The proposed divestment is expected to be completed in Q2 2025.
Keppel units ink agreement to develop 19 plots in Tianjin, China
Under the deal, Keppel Hong Da will partially divest in Tianjin Fulong.
Mapletree Logistics Trust’s FY2024 DPU down 10.6% YoY
Net property income dropped 1.5% YoY.
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