Commercial Property

ESR-REIT prices $100m fixed rate notes

The offer will be issued under the $750m Multicurrency Debt Issuance Programme.

Heeton Holdings posts profit for FY2024

The company saw a double-digit increase in revenue.

Prime US REIT’s distributable income drops 48% YoY in H2 2024

The REIT credited the drop to divestments and lower property contributions.

Two District 1 properties along Hongkong Street up for sale

The properties are located at 7 and 36 Hongkong Streets.

Manulife US REIT divests New Jersey property for US$40m

Divestment proceeds will repay 19% of 2026 debt.

Retail vacancy rate falls to 10-year low with strong demand in 2024

Demand may rise with tourist arrivals in 2025 but could be offset by outbound travel.

12 Sky Eden@Bedok retail units on the market for $45.2m

The units have a total combined strata area of approximately 11,193 sq. ft.

Grade A office rents to stay stable in 2025 amidst strong leasing

Despite supply-side challenges, positive rent reversions remain likely in 2025.

LHN Group acquires Geylang property for $30m via joint venture

The JV company paid $3m, representing 10% of the purchase price.

Business park vacancy rate hits 14-year high in Q4 2024

The vacancy rate for the period reached 22.1%.

Centurion expects substantial profit increase for FY 2024

It is mainly due to the net fair value gain on the group’s investment properties.

Keppel DC REIT divests interest in German data centre

The transaction is based on an all-cash offer of $70.6m (EUR50m).