Commercial Property
Manulife US REIT plans to divest three properties to raise $453m
Manulife US REIT plans to divest three properties to raise $453m
This forms part of its Growth and Value Up Plan.
CBD Grade A office rents forecast to rise up to 7% in 2026
Vacancy rates are expected to fall below 4% amidst limited new supply.
Colliers completes $56.65m sale and leaseback of Framework Building
The building is located near Paya Lebar and features a flexible layout.
CDL sells Bespoke Hotel Osaka Shinsaibashi as capital recycling advances
The divestment follows CDL’s acquisition of the property in August 2023 for JPY 8.5b (around JPY 33.2m per key).
Orchard Road retail rents rise in 2025 as prime occupancy stays high
It noted a return to modest growth after several years of flat rents, driven by more than 98% prime occupancy in Tier-1 malls.
Shophouse with backlane in Joo Chiat up for sale at $14.5m
The 4,700-square-foot shophouse could accommodate a floor extension in its backlane strip.
Office workers raise concerns as flexibility gaps widen
Gaps persist in access to outdoor areas, wellness zones, recharge spaces, and creative collaboration environments.
Coliwoo forms JV to convert REHAU Building
It will be turned into a co-living asset.
Manulife US REIT secures 24-month US Treasury lease renewal for Penn property
The renewal increases the weighted average lease expiry to 2.3 years.
CDL unit divests California asset for $186.8m
This strengthens its capital recycling programme.
756 Upper Serangoon site launches for sale at $260m guide price
An outline planning proposal has been submitted for a scheme that includes serviced apartments and retail space.
City Developments' nine-month sale up to $2.5b
It also reported strong occupancy at its office and retail portfolio.
JTC awards $4m tender for Tuas Bay site
The land is located at Plot A Tuas Bay Drive and a site area of 6,338.1 square metres.
Singapore industrial leasing dips 4.5% in Q3
After four years of continuous growth, 30-year leasehold prices slipped 0.3% to $354 per square foot.
Metro Holdings Limited records $12.9m loss before tax in H1 FY2026
The lower revenue from its property and retail divisions in Singapore and China led to the loss.
Ascott unveils disability inclusion playbook for accommodation sector
It is intended to guide the group’s disability inclusion efforts across its global portfolio.
Perennial launches sale of 752,014 sq ft Caldecott site for $350m
Perennial is divesting the asset as part of its strategic pivot toward healthcare-focused investments.
Commentary
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