Commercial Property
Workstations rates up 15% YoY in Q1: report
Workstations rates up 15% YoY in Q1: report
The Instant Group said the desks in Orchard Area went up 17%.
Jardine Matheson achieves sturdy overall performance in Q1
The group's businesses delivered net profit increases, except for Hongkong Land.
Industrial leasing volume rebounds in Q1
Volume increased by 2.5% YoY to 3,229 tenancies.
NetLink NBN profit climbs 19.7% YoY to $109.3m in FY23
Its 5.24 Singapore cents DPU is the highest the Trustee-Manager distributed since listing.
Soon Hock secures Tampines North Drive 4 plot for $113.89m
The site was launched for tender on 31 January, with Soon Hock
Two-storey attic shophouse within City Hall for sale
The expression of interest ends on 21 June 2023 at 3 pm.
Developers face new requirements as Singapore safeguards property market from AML/TF activities
SG rolls out new anti-money laundering and terrorism financing requirements for developers that take effect on 28 June.
Commercial site in Hoe Chiang, Lim Teck Kim roads up for sale for $216m
Buyers could use the 18,540-square-foot site for commercial or hotel development.
CapitaLand Ascendas RET closes private placement at $2.727 per unit
The issue price represented 5.1% of the $2.8727 VWAP per unit.
What are Singaporeans’ preferred markets for commercial real estate investment?
Investors from SG deployed a total of US$15.8b into global real estate in 2022.
United Hampshire US REIT’s net property income rises 13.5% YoY to US$12.9m in Q1
The REIT attributed the increase to the resilient performance of its existing properties.
CEREIT net property income up 3.6% YoY to $48.9m in Q1
Its DPU showed resiliency despite falling 2.4% YoY in Q1.
Chart of the Day: Companies leading in data centre market
Knight Frank said Google has the highest market share.
Keppel launches smart and low-energy commercial tower in Tanjong Pagar
The 33-storey building will offer 650,00 sq ft of technology-forward spaces.
Keppel, KIT acquire stake in a wind farm in Sweden for $6.9m
The companies will have 2.9% and 13.4% stake in Fäbodliden II, respectively.
SG’s commercial real estate sales jump 40% YoY to US$3.7b in Q1
The Lion City is amongst the only two major markets to post an increase in investment volume.
Frasers Property Limited’s attributable profit grew 42.8% in H1
It went up to $225.8m in the first half (H1) of fiscal year 2023.
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