Commercial Property
Business park vacancy rate hits 14-year high in Q4 2024
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).
GuocoLand unit bags River Valley Green land at bid price $627.8m
It will be developed as a high-end waterfront development.
Bukit Timah Plaza unit up for sale for $9.8m
It has a total strata area of approximately 3,391 square feet.
Retail units in Peninsula Plaza on the market for $10.9m
It has a combined strata area of 1,119 square feet.
Shophouse sales fall nearly 39% in 2024, lowest since 1998: Huttons
The shophouse market only recorded 84 caveated transactions, below the average of 200 transactions from 1995 to 2023.
New Bridge Road commercial site up for sale at $80m
The sale will be via an Expression of Interest.
Paragon Reit NPI up 4.5% in FY2024
It was driven by positive rental reversions.
First REIT Trust’s DPU down 4.8% YoY in FY2024
The total distributable amount fell by 4.1% YoY.
Far East Hospitality Trust NPI inches up 0.6% to $99.3m in FY 2024
Revenue also grew 1.8% YoY.
Lendlease Global Commercial REIT CEO resigns
He is leaving to ‘pursue other opportunities’.
Keppel completes 33-storey commercial tower in Tanjong Pagar
The group also secured its anchor tennant.
ESR-REIT proposes 10 to 1 unit consolidation to reduce trading fluctuations
Since 1 January 2022, ESR-REIT has traded in the range of $0.245 to $0.485.
Cuscaden Peak to take Paragon REIT private
The group offered $0.98 in cash per unit.
Singapore ranks 6th in Savill's prime office costs index for Q42024
Singapore saw 0.5% growth, marking a 0.1% increase from Q3 2024.
GuocoLand posts 13% YoY net profit growth in H1 2025
Earnings per share stood at $0.0588.
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