Commercial Property

Rental indices for factories went up 2.1% quarter-on-quarter.

It will be on sale via expression of interest.

Demand for the property was driven by technology and biomedical firms.

Its earnings reached $8m compared to $1.9m loss in the previous year.

It went up by more than 100%.

The H122 earnings are the company's highest PATMI since 1963.

Despite lower profits, CIL is on track to reach its target of S$100b funds managed by 2024.

The launch event is from 13 to 14 August.

Singapore had the strongest performance amongst APAC markets.   Singapore beat other APAC markets in terms of commercial real estate investment volu...

Its distribution per unit grew 4.9% year-on-year (YoY).

More than two-thirds of the property’s gross floor area will be leased to Philipps.

Reopening of the retail sector spurred interest in strata retail spaces.

The unit is located at 2 Greenwood Avenue.

The REIT said higher car park income was amongst the factors that drove the increase.

The property will be acquired through the Ascott Serviced Residence Global Fund.

The increase was on the back of the trust’s higher revenue and gross operating profit.