Commercial Property

Singaporeans show Renewed Interest in UK's Commercial Buy-to-Let Properties

Singaporeans show Renewed Interest in UK's Commercial Buy-to-Let Properties

Whilst property markets in Asia are still reeling from the effects of the global pandemic, UK commercial properties are already showing signs of life...

Chart of the Day: Office supply pipeline to hit 4.3 million sqft by 2024

Pre-committed rates for most buildings in the CBD for 20201 are deemed healthy.

Chart of the Day: Office rents fell in Q2

Grade B offices at Shenton Way/Robinson Road/Tanjong Pagar led the decline.

Chart of the Day: Office investments made up 71.5% of property sales in Q2

It was thanks to the sale of 30% stake in TripleOne Somerset and 50% stake in AXA Tower.

Property market liquidity dipped 5% in Q2

It was attributed to the Lion City’s souring office and retail rents.

Chart of the Day: Property investment sales down 53.5% to $1.9b in Q2

Transactions were of lower price quantum as investors are wary about their spending.

Sembcorp unit to develop industrial park in Myanmar

A deal will be inked shortly with the Yangon Region Government for the lease of 436 ha of land.

Ascendas bags $100m through its first green bond

It’ll be used to refinance 17 green properties from its portfolio.

Chart of the Day: Warehouse space occupancy grew 0.8ppt in Q2

A rise in e-commerce sales contributed to the segment’s growth.

Cromwell EREIT's NPI climbed 6.6% to $93.76m in H1

New office acquisitions boosted growth by $22.74m.

Chart of the Day: Freehold strata office sales down 34.1% to $106.2m in H1

Despite the fall in total transaction volume and sales, the average unit prices rose.

CDL's profit plunged 99.1% to $3.15m in H1

Hotel operations accounted for 82% of the drop in revenue.

Yanlord's profit down 59% to $97.41m in H1

They recorded a decline in average selling price per square metre.

Chart of the Day: Around 4.3 million sqft of office supply in the works

The market will face a huge supply coming on board in 2022.

LREIT's NPI down 53.3% to $7.51m from IPO forecast

It posted lower revenue on the back of lower rental income from 313@somerset.

AA REIT to acquire site at Jurong Innovation District for $129.6m

Upon completion, rental contribution from master leases is slated to rise from 30.3% to 36.4%.