Commercial Property

Industrial firms’ caution persists but occupier demand holds firm: CBRE

Most tenants in the sector are still opting to renew their leases.

Can the industrial real estate sector weather the tariff storm?

A slowdown in global trade could put downward pressure on rents.

CICT’s NPI dips by 0.8% in Q1

Blame it on the absence of income from 21 Collyer Quay.

Stoneweg European REIT renews leases of assets in Netherlands, Poland

These will extend the company’s Weighted Average Lease Expiry by almost six months to 5.3 years.

Office space prices dip 0.2% in Q1: URA

Rentals increased by 0.3% during the period.

Retail vacancy rate rises to 6.8% in Q1

Retail space prices also increased by 1.9%.

22 Keong Saik Road launched for sale at $17.5m

The guide price is set at $17.5m, or $5,295 per square foot.

Industrial leasing slips 0.4% QoQ in Q1 

There were 3,008 rental transactions during the quarter.

Shophouse sales fall 43% QoQ to $100m in Q1: report

The market saw just 19 caveated shophouse transactions totalling $100m, a 43% drop in transaction value QoQ.

Industrial occupancy unchanged at 89% in Q1: JTC

The sector’s available stock rose to 53.5 million square metres.

Marina Bay Sands adjusted property EBITDA up 1.34% in Q1

Earnings in its operation in Macao reached $17m.

Mapletree Industrial Trust divests US data centre asset for $15.5m

The proposed divestment is expected to be completed in Q2 2025.

Keppel units ink agreement to develop 19 plots in Tianjin, China

Under the deal, Keppel Hong Da will partially divest in Tianjin Fulong.

CapitaLand China Trust net property income falls 6.6% in Q1

Despite this, the group’s retail sector maintained high occupancy of 97.7%