Commercial Property
Sabana REIT NPI up 22% to $16m in Q1
DPU also rose to $0.0086.
Sinarmas Land profit down 5.5% to $154m in H2
Revenue for the period also fell 2.9%.
LHN proposes spin-off, SGX Listing for co-living unit Coliwoo
The spin-off will not affect LHN's majority stake in Coliwoo Group.
MacPherson industrial site launched for sale at $88.8m
The property currently has a gross floor area of 125,002 sq ft, translating to a plot ratio of 2.53.
Is it time to put a lid on the F&B boom?
F&B business formations hit 3,793 in 2024, second-highest since 1990.
Slow deal flow keeps Singapore property salaries flat
Singapore’s real estate professionals are earning less than their peers in Hong Kong.
Savills cuts 2025 sales forecast to $20b with market in flux
The downgrade follows a 47.3% QoQ drop in private sector investment sales.
Ascott eyes doubling portfolio in India by 2028
Ascott added 600 units with three deals in Goa, Lucknow, and Thanjavur.
IREIT Global secures building permit for Berlin Campus upgrade
The first phase of the upgrade is set to be completed in 2027.
Singapore amongst top global cities in office design costs
This places Singapore in the top global cost tier, alongside major financial hubs like New York City, London, and Zurich.
Keong Saik Road and Joo Chiat Road shophouses on sale via EOI
The EOI will end on 8 May.
CDL group CEO Sherman Kwek forgoes $1.35m long-term incentive grant
He received a total compensation of $2.97m.
ESR Group breaks ground on $1.3b commercial site in Japan
The site has nine storeys and a gross floor area of 433,000 square metres.
CapitaLand China Trust prices $109.43m notes due 2028
It will have a fixed interest rate of 2.88% per annum.
Appetite for premium space drives CBD office rents: CBRE
Grade A office rents rose by 0.8% in Q1 2025, reaching $12.05 per square foot per month.
Bedok ‘Health & Medical Care’ redevelopment site for sale at $63m
The site will be sold with a 60-year leasehold tenure.
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