Commercial Property
Kaki Bukit terrace factory for sale at $5.5m
Kaki Bukit terrace factory for sale at $5.5m
The property is priced $5.5m with no payable land rent or Additional Buyer’s Stamp Duty.
Government to add residential and commercial areas to Greater Southern Waterfront
The Pasir Panjang Terminals will be moved to free up more space.
GIC buys 25.1% stake in Lendlease's Sydney unit
The transaction is expected to fully close in Q3.
Could the Singapore CBD be revitalised like Sydney's?
Robust net absorption and growing rents paint a positive outlook for the sector.
Top five S-REITs averaged total return of 47.4% YTD
RHT Health Trust has the highest total return at 98.2%.
CDL weighs redevelopment options amidst Q2 profits slip
Potential targets include Fuji Xerox Tower and City House.
Chart of the Day: New industrial supply to hit 18.8 million sqft in 2020
Almost half of it will be from multiple-user factories.
Manulife US REIT NPI up 30.8% to $72.46m in Q2
Contributions from acquisitions like Centerpointe and Penn and Phipps boosted income.
OUE profit surges ten-fold to $60.86m in Q2
It was boosted by its disposal of Aquamarina Hotel Private Limited.
Chart of the Day: Demand for data centres to hit 56.5MW by 2022
Utilisation rates are tipped to hit 87% in three years time.
Chart of the Day: Property investment sales soared 49.2% to $7.26b in Q2
Sales of offices generated $3.84b, up by 270.8%.
Landlords cash in on Singapore's coworking boom
Landlord-operated brands include csuites by Lendlease which occupies 72,000 sqft, whilst Guoco Midtown will set aside up to 97,500 sqft of their NLA...
CapitaLand announces US$3.4b of divestments in deleveraging bid
It aims to bring net gearing from 0.73x to 064x by end-2020.
Chart of the Day: Monthly rents for CBD Grade A offices hit $10.08psf in Q2
Rents may continue to rise as supply remains limited.
Frasers Property profits up 68.2% to $333.93m in Q3
Its recurring income from rents has boosted its profits.
OUE C-REIT's Q2 NPI soared 20.1% YoY to $40.8m
This is mainly due to contribution from the OUE Downtown office acquired last November.
UOL profits up 48% to $195.38m in Q2
Its fair value gains on investment properties skyrocketed 182% and boosted earnings.
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