Commercial Property
Golden Wall Centre up for collective sale at $260m
Golden Wall Centre up for collective sale at $260m
It could be transformed into a mid-sized hotel development.
CapitaLand Q3 profits jumped 13.6% to $362.22m
The increase was due to higher operating income and gains from asset recycling.
Oxley's Q1 profits plummet 83% to $8.06m
It blamed lower revenue contribution from projects in Singapore and overseas.
CapitaLand wins bid for Guangzhou Science City site for $175.2m
It plans to build a development comprising of office, retail space and serviced residence by 2022.
CapitaLand and GIC to buy Shanghai's tallest twin towers for $2.54b
The two 50-storey buildings have an office and retail component.
Chart of the Day: CBD Grade A space market could remain constrained until 2021
Only one office building is expected to be completed in Q4.
OUE Q3 profits crashed 80.7% to $2.07m
It blamed non-cash marked-to-market fair value loss of investments.
Ascott REIT issues $100m notes at 3.52%
It will be used to refinance the existing borrowings of the REIT.
Frasers Property profits for FY 2018 up 10.1% to $759m
Revenue from its Singapore strategic business unit climbed 58% to $1.36b.
Two Pagoda Street F&B shophouses up for sale at $32.8m
Their tenants are Dim Sum Inc and Wah! Kung Fu.
Chart of the Day: CBD Grade A office rents inched up 4.3% in Q3
Rents may be hit should stock market blues continue as it will result to reduced demand from finance sector occupiers.
Seven-storey commercial building in South Bridge Road up for sale at $23.5m
Merchants Building has a 6,927 sqft gross floor area (GFA).
Serangoon Garden shophouse up for sale at $25m
It has a land area of 2,122 sqft.
Chart of the Day: Office and mixed-used property sales crashed 28.3% to $3.83b in Q3
Average deal sizes were lower compared to Asia Square Tower 2 sold in Q3 2017.
Chart of the Day: Average office market rents rose 0.9% to $9.05 in Q3
The sector is beaming with positivity amidst moderate pipeline supply.
Office sector weathers slumping stock markets better than Hong Kong
Rents can climb further to an estimated 8% in 2019.
Frasers Logistics & Industrial Trust NPI ballooned 52.6% to $49.31m in Q4
It leased two properties and sold another two in Australia.
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