Commercial Property
Far East Hospitality REIT enters $22.09m sustainability-linked facility agreement
Far East Hospitality REIT enters $22.09m sustainability-linked facility agreement
"Change of Control" may trigger repayment of the facility.
Keppel DC Reit NPI up 24.1% in Q1
It was mainly driven by acquisitions.
Industrial vacancy rose 8.8% YTD
Occupiers remain cost-conscious amidst global uncertainties.
Frasers Property Industrial forms A$600m logistics venture in Australia
The investment covers a portfolio of eight industrial assets across Sydney and Brisbane.
CDL Hospitality Trusts issues 4.9 million stapled securities for management fees
The stapled securities were issued at S$0.8505 each.
Singapore office rents steady in Q1
The city’s vacancy rate inched up to 5%, reflecting a slight cooling in demand amid cautious sentiment.
Office vacancy rises to 8.1% in Q1
Net absorption dropped to 0.08 million sq ft.
Sabana REIT NPI up 22% to $16m in Q1
DPU also rose to $0.0086.
Sinarmas Land profit down 5.5% to $154m in H2
Revenue for the period also fell 2.9%.
LHN proposes spin-off, SGX Listing for co-living unit Coliwoo
The spin-off will not affect LHN's majority stake in Coliwoo Group.
Is it time to put a lid on the F&B boom?
F&B business formations hit 3,793 in 2024, second-highest since 1990.
MacPherson industrial site launched for sale at $88.8m
The property currently has a gross floor area of 125,002 sq ft, translating to a plot ratio of 2.53.
Slow deal flow keeps Singapore property salaries flat
Singapore’s real estate professionals are earning less than their peers in Hong Kong.
Savills cuts 2025 sales forecast to $20b with market in flux
The downgrade follows a 47.3% QoQ drop in private sector investment sales.
Ascott eyes doubling portfolio in India by 2028
Ascott added 600 units with three deals in Goa, Lucknow, and Thanjavur.
IREIT Global secures building permit for Berlin Campus upgrade
The first phase of the upgrade is set to be completed in 2027.
Singapore amongst top global cities in office design costs
This places Singapore in the top global cost tier, alongside major financial hubs like New York City, London, and Zurich.
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