Commercial Property
Daily Briefing: CapitaLand's Ascott adds 14 new global properties; Air taxis to be trialed in southern Singapore
Daily Briefing: CapitaLand's Ascott adds 14 new global properties; Air taxis to be trialed in southern Singapore
And data centre startup AirTrunk bags $450m to build first Singapore facility.
Frasers Tower sale could boost Frasers Property's EPS by $0.17-$0.20
The potential disposal could push ROE towards 10%.
This experiential pop-up store selling plants took over Hermes' space in Scott's square
More experiential store offerings are in the pipeline with the launch of Decathlon’s Singapore Lab, Don Don Donki’s freshly baked meals, and Home Fix...
CapitaLand to buy Temasek's Ascendas-Singbridge shares for $6.04b
The proposed transaction is expected to boost CapitaLand’s AUM to $42b.
SPH REIT's NPI up 8.5% to $45.86m in Q2
The income boost came from Rail Mall and Figtree Grove Shopping Centre properties.
City Developments bags $500m green loan
The loan will finance the firm’s development projects in Singapore and overseas.
Frasers Property in talks to sell stake in Frasers Tower
The developer bagged a $1.2b loan for the property’s development in 2018.
Transcorp to terminate Dongshan project with The Project Company
Transcorp Holdings also requested for the full refund of $6m.
APAC commercial property investment hit $163b in 2018
Investments in office, retail and industrial properties hit a new high of $146b.
Retail rent growth needs more push for recovery: UBS
The increase in rents is marginal, ranging from 0.5-1.4% YoY as at Q2 2018.
CBD rents edged up 17% for five consecutive quarters: report
The co-working boom is driving office demand.
Daily Briefing: Redevelopment plans for Dakota Crescent still in progress; Hyflux adds to Singapore's business stumbles
And Open Innovation platform Agorize raises US$14.6m in series B funding.
Chart of the Day: Retail mortgagee listings surged 39.1% in Q1
In contrast, the number of owner sale listings in Q1 2019 declined by 19%.
Singapore's urban future: The Draft Master Plan 2019 in photos
Facilities will be moved underground to free up 1,000ha for more parks and homes.
UBS' proposed relocation to 9 Penang to boost Suntec REIT: analyst
The development yield is said to be higher than the sub and mid 3% yields for stabilised office assets in Singapore.
Chart of the Day: Condo listings under mortgagee sales grew 26.7% in Q1
Private condo listings under mortgagee sales grew due to higher mortgage payments arising from growing interest rates.
Auction sales crashed 42.1% to $11.57m in Q1
It is attributed to buyers adopting a ‘wait-and-see’ attitude, waiting for upcoming new launches.
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