Commercial Property
Driving sustainability with Cooling-as-a-Service
Driving sustainability with Cooling-as-a-Service
Cooling is critical to our modern society. It provides comfort for buildings and essential temperature controls for mission critical infrastructure...
PropertyGuru cuts net loss to $7.4m in Q3
In Q321, the proptech company's net loss was $9.6m.
Why did real estate investment momentum slow down in Q3
Investment volume declined 30% QoQ to $5.33b.
Perennial Holdings clinches S$3b green loan for 8 Shenton Way redevelopment
It is the world’s largest real estate green loan in Asia to date.
URA unveils winners of Hillview Rise and Bukit Timah Link sites bids
The tenders for the sites closed on 3 November.
2nd Chance Properties sells Lucky Plaza units to Lew Foundation
It was sold for $13.39m.
Keppel Infrastructure to acquire 49.4% interest in new JV with MET Group
The company will pay an aggregate amount of $42.6m for the acquisition.
Ming Arcade is up for sale via public tender
The freehold commercial site is located 50 meters away from Orchard Road.
Rents for modern high spec warehouses expected to rise in 2023
It will be underpinned by industries such as logistics and food.
Sasseur REIT posts highest Q3 DPU in four years
The DPU for Q3 was $0.01838.
Cromwell E-REIT's distributable income falls 0.4% YoY to €24.179m in Q3
This is despite recording a 4.1% YoY increase in its net property income.
Commercial investment volumes rise 30% YoY to US$1.5b in Q3: MSCI
Singapore ranked 6th amongst APAC countries with the highest investment volume.
Colliers appoints new APAC Managing Director for Global Capital Markets
The appointee will take over the post on 1 January 2023.
Chris Pilgrim has been named Collier’s new Managing Director of Global Capital Markets for...
CapitaLand Investment Limited to divest Queensbay Mall in Malaysia for $300.3m
The value represents a premium of 3.8% to CLI’s valuation in December 2021.
Chart of the day: 30-year leasehold property price increases quickened to 0.9% QoQ
60-year leasehold and freehold properties also showed increases.
High-spec industrial space average rents in Q3 reaches record high since 2012
It increased by 1.1% QoQ to $3.69 psf.
Prime US REIT sees a 6.1% drop in net property income in Q3
Its net property income fell to US$24.2m.
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