Commercial Property
Yanlord's pre-sales rose 18.4% to $1.37b in Q1
Yanlord's pre-sales rose 18.4% to $1.37b in Q1
Sales from Nanjing accounted for nearly 40% of the group’s pre-sales.
CDL buys controlling stake in China-based Sincere Property for $885m
This will provide the company with a portfolio of 27 investment properties.
Mapletree sets aside up to $13.7m for tenants
Rental rebates will be disbursed in a targeted manner.
FLT and FCOT merger commences
FLT’s new investment mandate also came into effect.
Chart of the Day: Here are the top office deals in Q1
The top two are located in Raffles Place/New Downtown.
Industrial real estate investments recorded a volume of $606.8m
Positive developments were seen in Q1 despite the sombre tone.
Property deals slowed down in Q1
Home and retail sales dropped, whilst offices’ capital values and leasing volumes held firm.
CapitaLand secures $400m in green loans
CapitaLand offices in Singapore to adopt 100% renewable energy by end 2020. CapitaLand has secured a total of $400m in two bilateral green loans to...
CDL eyes setting up more EV charging points
It currently has installed chargers at its newer commercial properties.
Chart of the Day: Grade A CBD office vacancy hits 2% in Q1
Orchard Road saw the biggest vacancy rate in the CBD at 3.1%.
Property investments fell 37% to $3.02b in Q1
Big-ticket commercial deals were absent due to weaker market sentiment.
Chart of the Day: 2 million sqft of Grade A CBD supply set for 2022
This takes up nearly half of the total supply pipeline in the CBD.
Grade A CBD fell to $10.61 psf/month in Q1 2020
Overall GDP also contracted at -2.2% whilst service industries declined at -3.1%.
CBD Grade A rents up 4.7% in Q1
Capital value and rates also remained unchanged in Q1 2020. CBD grade A office rents rose 4.7% YoY to $10.09 per sqft per month (psf pm) in Q1 as the...
City Developments to commit $17m in rebates
Tenants to get full rental rebates in April, 50% in May. City Developments Limited (CDL) is committing more than $17m in property tax and rental...
Suntec City waives rents for all tenants in April
It will also provide rental rebates in May.
CapitaLand unit reopens Wuhan malls
Its portfolio’s footfall has rebounded from the previous month’s low.
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