Commercial Property
Tender for comercial site at Paya Lebar Road/Eunos Road 8 awarded to joint bidder
Tender for comercial site at Paya Lebar Road/Eunos Road 8 awarded to joint bidder
Siong Feng Development, Guthrie and Sun Venture Commercial submitted the highest bid of $585.6 million in the tender for the site.
CIMB TCA invests AUD 84mln for Aussie property
The investment manager of CIMB Trust Capital Australian Office Fund No.1 LP acquired the Melbourne property from Investa Property Group.
Home prices up 2.2% in 1Q 2011
Prices of industrial, office and shop properties also increased by 8.3% 4.9% and 0.5% respectively.
Mapletree Logistics DPU up 3.33% in 1Q 2011
DPU of 1.55 S-cents is flat q-o-q despite the y-o-y growth, said OCBC Investment Research.
URA launches tender for Irving Place
The industrial site has a site area of about 0.34 ha and a maximum gross plot ratio of 3.5.
Lower retail revenue for 1Q11 drags Suntec’s DPU to 2.388 S-cents
Despite soaring occupancy rates, S-REIT’s gross revenue dropped 2.3% YoY and 0.6% QoQ to S$61mln.
Tender for Paya Lebar Road/Eunos Road 8 received top bid of $585.6mn
The top bid came from the joint bidders Siong Feng Development, Guthrie and Sun Venture Commercial.
Vacancies in Causeway Point mall hurt FCT's portfolio
Frasers Centrepoint Trust's portfolio occupancy dropped to 83% in 2Q11 as tenants move out to give way to refurbishments.
FREIT maintains healthy balance sheet-- thanks to hospitals
First REIT's gross revenue for 1Q11 increased 95.6% YoY to S$14.6 mln due to contributions from its new hospitals.
Clark Quay acquisition boosts CMT's revenue to S$154mln
Higher rental rates and renewed leases boost CapitaMall Trust's coffers by 10.7% YoY for 1Q11.
Singapore ranks 7th most expensive warehouse location globally in 2H10
Tokyo and London-Heathrow also maintained their top two positions, at US$22.56 psf per annum and US$20.11 psf per annum, respectively.
A-REIT’s gross revenue jumps 8.7% YoY to S$112.9 mln
The company also reported DPU of 3.01S¢ for 4QFY11.
CapitaCommercial Trust DPU down 4.7% in 1Q 2011
DPU for the period was 1.84 S-cents down from 1.93 S-cents in the same period last year.
Singapore's office occupancy cost remains about 62% more affordable than Hong Kong's
Office occupancy cost of Singapore remains at US$191.97 psf per year as of December 2010.
Singapore ranked 9th most expensive office location
Hong Kong remains the most expensive office location in the second half of 2010.
Singapore ranked 7th most popular destination for luxury retailers
Hong Kong maintained its position as the most popular destination, according to CBRE.
Railway stations to go down in history as reminders of Singapore heritage
The Singapore Government will be keeping the Tanjong Pagar Railway Station and the Bukit Timah Railway Station as national monument and conserved...
Read Here
Advertise
Sign Up
Commentary
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
Singapore's mid-market leadership problem nobody is talking about
From ‘only’ to ‘one of’: What Thailand’s land bridge means for Singapore businesses now
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed