Commercial Property

MOF, IRAS, MAS launch relief measures for SGX-listed S-REITs

MOF, IRAS, MAS launch relief measures for SGX-listed S-REITs

These include extending deadlines for distribution of income and raising the leverage limit.

Hong Kong's co-working scene thrives as Singapore struggles

Co-working spaces provider TheDesk gained 25% more new members YoY in Q1.

Yanlord's pre-sales rose 18.4% to $1.37b in Q1

Sales from Nanjing accounted for nearly 40% of the group’s pre-sales.

CDL buys controlling stake in China-based Sincere Property for $885m

This will provide the company with a portfolio of 27 investment properties.

Mapletree sets aside up to $13.7m for tenants

Rental rebates will be disbursed in a targeted manner.

FLT and FCOT merger commences

FLT’s new investment mandate also came into effect.

Chart of the Day: Here are the top office deals in Q1

The top two are located in Raffles Place/New Downtown.

Industrial real estate investments recorded a volume of $606.8m

Positive developments were seen in Q1 despite the sombre tone.

Property deals slowed down in Q1

Home and retail sales dropped, whilst offices’ capital values and leasing volumes held firm.

CapitaLand secures $400m in green loans

CapitaLand offices in Singapore to adopt 100% renewable energy by end 2020. CapitaLand has secured a total of $400m in two bilateral green loans to...

CDL eyes setting up more EV charging points

It currently has installed chargers at its newer commercial properties.

Chart of the Day: Grade A CBD office vacancy hits 2% in Q1

Orchard Road saw the biggest vacancy rate in the CBD at 3.1%.

Property investments fell 37% to $3.02b in Q1

Big-ticket commercial deals were absent due to weaker market sentiment.

Chart of the Day: 2 million sqft of Grade A CBD supply set for 2022

This takes up nearly half of the total supply pipeline in the CBD.

Grade A CBD fell to $10.61 psf/month in Q1 2020

Overall GDP also contracted at -2.2% whilst service industries declined at -3.1%.

CBD Grade A rents up 4.7% in Q1

Capital value and rates also remained unchanged in Q1 2020. CBD grade A office rents rose 4.7% YoY to $10.09 per sqft per month (psf pm) in Q1 as the...

City Developments to commit $17m in rebates

Tenants to get full rental rebates in April, 50% in May. City Developments Limited (CDL) is committing more than $17m in property tax and rental...