Commercial Property
CDL units sold fall 41% YoY in Q1 2021
CDL units sold fall 41% YoY in Q1 2021
This is due to the cooling measures implemented late last year.
Shophouses in the heart of Chinatown on sale for $53m
The shophouses have basement and attic levels along Pagoda Street.
Asia Green on sale via expression of interest
The expression of interest will close on 28 June at 3 p.m.
FLCT acquires $58.4m prime freehold commercial property in Australia
The five-storey building is located in Mount Waverley, Victoria.
Industrial building at 1 Ang Mo Kio Street 63 on sale for $27m
The three-storey building has a large loading area and car park.
First REIT mulls divestment of Siloam Hospitals Surabaya for $40.9m
The agreed property value translates to a capital gain of 143.2%
SG vs US vs UK: Whose real estate market is performing better?
A report from RealVantage said Singapore is showing no signs of easing.
MNACT, MCT unveil '4R' post-merger strategy
The strategy includes changes in their divestment and acquisitions plans.
MAS task force opens public consultation on 2nd Green and Transition Taxonomy
The second version details criteria and thresholds for three sectors.
C&W Services transforms headquarters into a ‘living lab’
The new office is set to be the ground for the firm’s new facilities management technologies.
Net asset value for MCT units to increase to $1.81 after merger with MNACT
The estimate is based on the unaudited FY21/22 results of MNACT and MCT.
Commercial property market posts highest Q1 investment activity in over 10 years at $3.2b
The market's investment activity for Q1 was 22% higher than Q12021.
OUE Commercial REIT’s net property income down by 21.5% in Q1
This is due to the OUE Bayfront’s performance.
New Shaw Tower to become high-tech workspace: Lendlease
The construction of the 200-metre tower is seen to be completed in 2025.
CapitaLand Investment’s revenue rose to $598m in Q1
It increased by 16% compared to the first quarter of 2021.
Frasers Property’s attributable profit down by 42.6% in H1
It posted a $158.2m attributable profit amidst geopolitical tensions.
Cromwell EREIT posts unaudited net income of $47.52m in Q1
The Q1 income represents a 5.4% YoY increase.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform