Commercial Property
Far East Orchard posts 54.8% net profit surge in 1Q24
Far East Orchard posts 54.8% net profit surge in 1Q24
Company credits stable hospitality segment for performance boost.
Paragon REIT reports $73.8m revenue in 1Q24
The REIT also reported stable occupancy rates in the period.
AIMS APAC REIT distribution per unit slips 5.9% YoY in FY2024
On the other hand, net property income grew 6.9% YoY.
Lendlease Global Commercial REIT’s committed occupancy rises to 88.8% in Q3
The increase was backed by the Sky Complex.
FLCT revenue climbs to $216m in first half
Increases in its financials were attributed to positive rent adjustments.
HDB coffee shop for sale for $11m
The expression of interest will close on 29 May at 3 p.m.
LHN Limited Warns of a profit dip in 1H24
It expects a $14.5m profit for the period.
Guan Peng Hardware wins bid for Jalan Papan Plot 8 site
The winning bid was $5.46m.
CLINT acquires 2.5 million square feet of IT buildings in India
It will acquire the buildings from Phoenix Group.
Singapore’s outbound real estate investments in APAC dip in Q1: JLL
Cautious sentiment and pricing uncertainties dampen cross-border activity.
JTC launches Penjuru Lane tender
It has a site area of 0.34 hectares.
Office landlords dangle perks to attract tenants
Vacancy level could rise to 4.8% this year.
Mortgagee listings fall 29% QoQ to 22 in 1Q24
The residential sector accounted for the majority of the listings
Portfolio of commercial strata assets at Tai Thong Crescent up for sale
The portfolio has a guide price of $40.77m.
Il-lumina sale boosts IREIT Global's portfolio to 91.5% occupancy
Occupancy in 4Q23 was 90.4%.
Starhill Global REIT's NPI dips 0.9% YoY amidst currency challenges
NPI for the period was $37.7m.
Auction listings drop 9.1% QoQ in 1Q24
There were 90 listings in the first quarter of 2024.
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