Commercial Property
Commercial building on South Bridge Road sold for $13.58m
Commercial building on South Bridge Road sold for $13.58m
The building has a gross floor area of 1,042.31 square meters (sqm).
SG and Dubai seen to be top cities for prime capital growth: Savills
It was forecasted that Singapore’s growth will be between 6% to 7.9%.
Digital Core REIT NPI reaches $91m in FY22
Its portfolio occupancy is at 96% as of January 2023.
Keppel Corporation’s net profit down 9% to $927m in FY22
The decline in urban development earnings caused net profit decrease.
CapitaLand Ascendas Reit’s DPU up 4.3% due to positive rent aversion
The Reit also posted high portfolio occupancy.
Strata office market sales reached $743.1m in H2 22
There were 155 units sold in the second half of 2022.
FLCT hits 95.9% occupancy rate in Q123
It recorded 239,500 sqm of leases and renewals.
Bukit Sembawang COO steps down
His resignation came two years after his appointment.
Global MNCs drive ‘strong’ Guoco Midtown take-up
To date, GuocoLand has achieved an 80% pre-commitment take-up.
Freehold commercial building in Little India to be sold for $43m
The property will be put on sale via tender on 2 February.
Tender for Tampines North Drive 4 site opens
The site is under the first half of the 2023 IGLS Programme.
Collective sale tender for Orchard Bel Air reopens
The property has a guide price of $587.5m.
MapleTree Pan Asia Commercial Trust's NPI soars 76.8% YoY to $179.4m in Q3FY22/23
Higher earnings from its Singapore portfolio were amongst the drivers of income growth.
CICT’s DPU went up 2.7% YoY to 5.36 cents in H2 22
Its distributable income was at $355.1m.
Cromwell European Reit’s portfolio valuation down to $3.5b
The CEREIT’s portfolio reduced 1.6% compared to June 2022.
OUE C-REIT posts higher NPI of $103.3m in H2 2022
Lower rental rebates drove the increase.
ESR-LOGOS REIT’s NPI soars 41.0% YoY to $244.2m in FY22
The REIT attributes the increase to contributions from ALOG Trust.
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