Commercial Property
Wealthy investors and family offices drive demand for shophouses in H1
Wealthy investors and family offices drive demand for shophouses in H1
Changes to the Residential Property Act may raise prices further and tighten already limited supply.
Office space prices up 1% in Q2
Vacancy declined to 10.8% during the period.
CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
Unitholders of Sabana REIT will be 'worse off' if internalisation of manager proceeds, ESR Group warns
The group said each 1 -pp increase in borrowing costs will reduce the REIT's DPU by $0.0027.
2 JTC factories at Tuas Avenue on sale for $25m
The sale will be through a private treaty.
Retail space prices up 0.3% in Q2
This is compared to a decline in Q1 2023.
Singapore occupiers shifting towards flex leases
Colliers Singapore’s Bastiaan van Beijsterveldt spells out the advantages and implications of this growing trend of flex leases.
LHN procures River Valley asset for $23.25m
The property consists of 12 units an a total land area of 388.4 sq.m.
CDLHT NPI surges 23.3% in H1
The group’s revenue reached $119.2m for the half year.
Land-based factory in the West region for sale for $6m
The sale will be via a private treaty.
CapitaLand Ascott Trust sees 31% YoY jump in gross profit in 1H23
The REIT attributed the increase to the strong operation performance of its properties.
Starhill Global REIT net property income up 2.2%; DPU is 1.98 cents for H2
Gross revenue rose 0.7% to S$187.8m in FY2022/23.
Far East H-Trust NPI up 30.7% to $49m in H1, RevPAR at S$133
Distribution per stapled security or DPS is 1.92 cents for the period
CBD commercial shophouse for sale for $19.8m
The expression of interest for 8 Circular Road will end on 22 August, 12 pm.
Stability expected for industrial property despite worrying manufacturing sector
Demand and occupancy rates continued to rise in the second quarter of 2023.
Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1
Higher borrowing costs tempered growth in the net property income.
OUE C-REIT’s distributable income drops 3.3% YoY to $57.6m in 1H23
This translates to a 2.8% YoY lower distribution per unit.
Read Here
Advertise
Sign Up
Commentary
Could Singapore lead the world's next management revolution?
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets
Singapore's mid-market leadership problem nobody is talking about
From ‘only’ to ‘one of’: What Thailand’s land bridge means for Singapore businesses now
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs