Commercial Property
Commercial real estate acitivty soars 177% to $12.09b in 2021
Commercial real estate acitivty soars 177% to $12.09b in 2021
The sale of One George Street drove the market turnaround.
Manulife H2 2021 a miss: Maybank
But improvements in operations were seen due to strong leasing momentum.
CLD and CICT-backed CapitaSpring completes construction with 93% in leasing commitment
Included in the property is over 673,000 square feet of workspace and retail area.
CBRE offers $30m retail podium for sale
Submission of expression of interest closes on 16 March.
Three freehold corner shophouses to go on sale
Savills Singapore will serve as the exclusive marketing agent for the sale.
Ascendas REIT total amount for distribution up 17% YoY to $630m
A record $2.1b worth of new investments were seen across the business space.
CBD Grade A office rents projected to grow 4.6% in 2022
SG's positive economic outlook pushed the office market this year.
COVID slashes $0.2m from FLCT’s distributable income
The pandemic, however, had no material impact on the REIT’s portfolio.
Strata commercial market achieves record-highs in 2021
Amongst records set was the $1.2b total sales value in the strata office market.
S-REITS see shaky performance in 2022
The previous year saw 6% in total returns for 2021.
Tenant sales in CICT’s downtown malls reach pre-pandemic levels of 85%
UOB Kay Hian said tenant sales will enhance further this year.
Lendlease Global Commercial REIT’s net profit dips 2.5% YoY to $29.6m in H1 FY2022
The decline was offset by lower property operating expenses.
CLCT sets record high NPI with 85.2%% YoY jump to $250.4m
This is the trust's highest annual NPI since its listing.
First REIT gets green light to acquire 12 nursing homes in Japan
About 98.45% of unitholders voted in favour of the acquisition.
Which real estate sectors will see continued growth in 2022?
Growth in two sectors will moderate this year.
Frasers Property secures first sustainability-linked loan for its UK business
The loan is worth $199.42m.
CapitaLand Malaysia Trust posts RM33.2m NPI for Q4 2021
The NPI was marginally lower than the previous year.
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