Commercial Property
Sluggish rise in premium office rents in 2024: Colliers
Rents are expected to grow by just between 0% to 1% during the year.
Sluggish rise in premium office rents in 2024: Colliers
Rents are expected to grow by just between 0% to 1% during the year.
Entire office space floor on Orchard Road up for sale for $76m
The expression of interest closes on 22 February at 3 pm.
Shophouse 71 Tras Street for sale at $15.2m
The property has a rental yield of 2.5% and is fully leased.
43C Bench Road office floor for sale at $5.6m
The property has a guide price of $5.6m.
Sabana REIT rejects requisition notice calling for extraordinary general meeting
It does not comply with requirements, the REIT said in a statement.
Luxury retail property on Orchard Road up for sale
The deadline for expression of interest is on 6 February at 3 pm.
Yanlord Land Group presales 52.5% lower in 2023
Presales for the month of December are 49.1% lower than a year ago.
AA REIT renews leases with KWE, Aalast Chocolate
AA REIT will also perform upgrade works on both properties.
3 adjoining Stanley Street shophouses up for sale via tender
The property has a guide price of $61.6m.
CapitaLand Ascendas REIT divests 3 assets in Australia for $64.2m
The REIT will gain net proceeds of $60.8m from the divestment.
Hotel, retail, living sectors are Savills’ top investment picks for 2024
A reduction in borrowing costs bodes well for investors in the Lion City.
EC World REIT renews lease with China Tobacco for Hengde Phase 2
The new lease will commence on 1 January 2024.
Manulife US REIT completes divestment of Park Place in Arizona, US
The divestment is part of the REIT’s recapitalisation plan.
Lendlease restructures lease at Sky Complex in Italy
Under the new lease, the starting annual rent for two buildings in the complex will be 1.5% higher.
CapitaLand India Trust completes acquisition of 2 industrial facilities in Chennai, India
The trust acquired the properties for $28.7m.
CapitaLand Ascott Trust divests 3 hotels in Osaka, Japan for $99.8m
The trust will recognise a net gain of $10.1m from the divestment.
Prime office, industrial rental growth to subside in 2024, says expert
Retail is poised to buck the trend.
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