Commercial Property
Hongkong Land shifts strategy, exits build-to-sell in Asia
Hongkong Land shifts strategy, exits build-to-sell in Asia
It will redirect capital from the segment to new integrated commercial property ventures.
CDL to launch Union Square Residences
Sales bookings are scheduled to begin on 16 November.
Higher contributions from Singapore lift Starhill Global REIT NPI by 1.4% YoY
Perth assets also contributed.
CapitaLand China Trust’s NPI declines 5.1% YoY as occupancies and rentals soften
NPI for the 9M2024 was RMB930.2m.
COTD: Shophouse market hits record leasing value of $10.7m in Q3
The Q3 leasing value boosted the 9M total to $30.6m.
Dasin Retail Trust Management taps Wang Peng as new CEO
Before his appointment, he had been the Chief Investment Officer and acting CEO of the company.
Starhill Global REIT sells Wisma Atria office units for $16.1m
It sold the lots at a 22.2% premium over the most recent valuation.
COTD: Shophouse transactions fall 20% QoQ and 56% YoY in Q3
Transaction value fell alongside volume.
COTD: Office vacancy rate up 11.0% QoQ in Q3
Office space occupancy declined by 3,000 sq m (nett) in Q3.
Shophouse prices in prime districts soften in Q3 as sales lag
Districts 1 and 2 only had two 99-year leasehold shophouse transactions.
PGIM Real Estate and Elevate Capital acquire Stamford Court for $132m
They will rejuvenate the asset into a living, co-working, and lifestyle space.
Capitaland Ascendas REIT portfolio occupancy dips 1.0% QoQ to 92.1% in Q3
The REIT's Australia and United States portfolios drove the overall drop.
Industrial landlords adopt accommodative stance amid cost-conscious occupiers
They are offering rent-free periods, amongst others.
MPACT sees 11.9% YoY drop in distribution due to lower overseas contributions
Adverse forex movements dampened overseas contributions.
Frasers Centrepoint Trust distribution rises 3.2% YoY to $214.31m in FY24
Full-year DPU, however, was down by 0.9% YoY.
CapitaLand India Trust's NPI rises 14% YoY in SGD terms on higher property income
NPI rose 15% YoY in Rupee terms.
Retail space prices and rents rise in Q3
The metrics rose by 1.7% QoQ and 0.3% QoQ, respectively.
Read Here
Advertise
Sign Up
![[Singapore Business Review] Report on the Asian Business Channel](https://www.cmgassets.com/s3fs-public/styles/video_thumbnail/public/2026-10/full-show-thumbnail_1.png.webp?VersionId=bJbrT_JKOuMWBnf7YkmsWjOSWIXddSvY&itok=zWuxHRNG)
Commentary
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?