Commercial Property

FCT's retail portfolio committed occupancy rises to 98.4% in Q123

The REIT attributed the increase to healthy leasing demand.

MapleTree Industrial Trust's NPI drops 1.2% QoQ to $128.8m  in Q322/23

On a year-on-year comparison, however, NPI rose by 4.9%.

Frasers Property, FCT acquire 50.0% stake in NEX for $652.5m

NEX is the largest suburban retail mall in Northeast Singapore.

Occupancy rate industrial property market declined 89.4% in Q4 22

Prices and rentals increased even as the occupancy dropped.

Six freehold shophouses in Serangoon Road sold for $62.5m

The sale price translates to $2,304 psf per plot ratio.

Broker maintains buy on Mapletree Logistics due to resilient balance sheet

The logistics trust posted 2.227 cents of distribution per unit.

Shophouse transaction value drops 38.7% YoY to $625.2m  in H222

The surge in interest rates has dampened demand for the asset class.

AIMS APAC REIT’s NPI jumps 14.0% YoY to $30.9m in Q323

The REIT attributed the increase to higher gross revenue.

Suntec REIT ‘vulnerable’ due to its exposure to tech sector: broker

It is also facing headwinds such as slow demand and cost pressures.

Office market to cool further in next 12 months: report

This could lead to a “greater re-pricing,” JLL said. 

Logistics assets will continue to be popular but capital value may slow down

JLL said occupiers of warehouse spaces will be cautious due to rent hikes.

Which hospitality REIT will outperform amidst high tourist arrivals?

The tourism board said tourist visitor arrivals will double in 2023.