Commercial Property
Roxy Pacific Holdings’ profit surges 50% to S$13.4m in 3Q11
Roxy Pacific Holdings’ profit surges 50% to S$13.4m in 3Q11
The boost came from the S$9.6m fair value gain from reclassifying Kovan Centre to a development property.
Commercial real estate sales in AsiaPac jump 36% in 3Q11
And Singaporean investors continue to be the major overseas purchasers across the region.
Analyst warns AsiaPac REITs who depend on bank debt for funding
Stricter bank regulations and increasing bank debt costs might just take its toll on the REITs’ finances, so beware.
URA puts White site at Marina View/Union Street on the reserve list
The land parcel will have a maximum permissible gross floor area of 101,628 square meters.
Analyst warns SingLand of looming downward pressure to office rents next year
Portfolio seems resilient, but rental income still accounts for more than 60% of the group’s gross profits.
Are shophouses getting their grooves back?
At face value, it appears so but wait until you see its pre-crisis levels.
Up to S$150m worth of acquisitions ahead for Cache Logistics Trust in FY11-12
CIMB says its offers one of the most attractive and resilient yields in the market.
Factory space, anyone?
There’s a total supply of 3.298m sqm GFA of factory space from projects in the pipeline as at the end of the 3rd quarter.
Wing Tai’s luxury projects boost its 1Q12 revenue to S$109m
And the mid-segment accounted for 83% of its sales, mainly from Foresque Residences and Floridian.
Supply of office space to be robust in 4Q11
Question is, will most of them be occupied?
Suntec REIT sells Chijmes for S$177m
PRE 8 Investments is purchasing the property for a price 23% above valuation.
What you need to know about your shopping spaces
The vacancy rate of shop space in 3Q11 surged to 6.2% -- so where have all the shops gone?
Tender for Kaki Bukit Road 4 awarded to NSS Properties
The company bid almost $66 million for the industrial site.
Commonwealth Bank of Australia loans Starhill Global REIT a whopping S$212m
The term loan facilities will be maturing in September 2013.
CDL Hospitality Trusts’ portfolio performance fails analyst expectations
DBS assumed RevPAR in 3Q11 to match the previous peak of S$222/night in 2Q08, but they were wrong.
Causeway Point to drive Frasers Centrepoint Trust’s growth in 2012
Shopping will be a blast as the mall was revamped with over 70% new and upgraded shops.
Singapore ranks among the world’s highest in prime industrial land price
Elevated demand for warehouse in Asia is expected to sustain in long term.
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