Commercial Property
Chart of the Day: Freehold shophouse prices slipped 16.5% in 2019
Chart of the Day: Freehold shophouse prices slipped 16.5% in 2019
Buyers were less willing to commit to freehold shophouses at higher unit prices.
Singapore Shopping Centre relaunched for en bloc sale for $255m
It comes with a provisional approval to rezone for hotel use.
Industrial property rents continue to ease in H2
Factory, warehouse, and logistics properties saw a drop in average monthly gross rents for the period.
Retail rents tipped to remain flat in 2020
Easing of new supply pipeline in 2020-2024 could buoy rents.
Wing Tai Holdings' profits surged 79% to 32.82m in H1
Contributions from Le Nouvel Ardmore added to the group’s $18m operating profit.
Strata retail sales down 14.4% to $341.1m in 2019
The number of transactions was down to 203 caveats lodged.
Chart of the Day: Shophouse sales fell 29.8% to 118
Shophouse owners were unwilling to cut their asking prices due to limited supply.
Retail space vacancy rate hit 7.5 % in Q4
A pickup in malls’ leasing demand countered tha vacancies from the Somerset Subzone.
Oxley Holdings posts 90% profit plunge to $3.56m in Q2
It was blamed on lower revenue contribution from the development project in the UK.
Lendlease Global Commercial REIT's NPI hit $16.18m in Q2 FY2020
Leases at 313@somerset boosted its revenue.
Frasers Property's retail unit acquires manager of 6 retail malls and 1 office tower
AsiaMalls Management will become a subsidiary of Frasers Property Retail.
PayPal refreshes its Singapore Innovation Lab with tech offerings
It has a facial recognition system to register guests to its in-house Augmented Reality-supported bar.
CRCT sells interest in company holding CapitaMall Erqi for $165.2m
It would allow the company to avoid downtime from refurbishing the 15-year-old mall.
Elite Commercial REIT joins the SGX Mainboard
It was listed under the stock code MXNU.
Frasers' subsidiary creates $186.1b multicurrency debt issuance programme
Net proceeds from the issued securities will be used to finance future acquisitions of the company.
Frasers Property to redeem $700m perpetual securities
The redemption price was set at $250,000 for every $250,000 in nominal amount.
Debao Property seeks extension for release of financial results
Some of its key finance personnel were stuck in Wuhan.
Read Here
Advertise
Sign Up
Commentary
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices
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