Commercial Property
COTD: Strata office sales hit $699.6m in H1
COTD: Strata office sales hit $699.6m in H1
The average unit price fell 3.2% to $2,787 per square foot.
Tuan Sing swings to H1 profit on $19.2m
Revenue fell 34% YoY to $70.3m due to muted operational performance across its core business segments.
Ascott signs deal to manage five-star hotel in Johor Bahru
It will offer 207 rooms and target both short- and long-stay travellers.
Gov’t pilots initiatives to enhance Boat Quay vibrancy
Starting from 18 August 2025, applicants may submit proposals for new bars.
BHG Retail REIT NPI down 16.1% in H1
This is due to the weakening of the RMB against the Singapore dollar.
Daiwa House Logistics Trust’s NPI up 6.1% YoY in H1
NPI rose to $22.5m during the period.
Paya Lebar Green debuts as eco-smart office hub outside CBD
It’s also designed to enhance the health and well-being of its occupants.
CapitaLand Ascendas REIT completes acquisition of 5 Science Park Drive
Part of $500 million private placement deployed.
Pasir Panjang Road site up for sale via EOI
It has a total gross floor area of 7,591.14 square metres.
Singapore developers seen holding back on land bids
Some may form joint ventures for big projects to cut risk.
Keppel sells Saigon Sports City stake at a discount
The deal was first announced in 2024.
CapitaLand Integrated Commercial Trust NPI edges down 0.4% in H1
Still, DPU rose 3.5% to 5.62 cents.
CICT launches $500m private placement to fund CapitaSpring acquisition
Units are priced between $2.105 and $2.142.
Lendlease to sell Jem office segment to Keppel
The net cash proceeds from the divestment are estimated to be $459.4m.
Lendlease Global Commercial REIT records lower NPI in FY2025
The company linked this to property operating expenses rising to $57.8m.
CICT acquires full ownership of CapitaSpring for $1.045b
DPU expected to rise 1.1%.
Shophouse outlook softens amid investor pushback on valuations
Sales for 2025 are projected to hit between S$700m and S$800m.
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