Commercial Property
Chart of the Day: Office rents rose 1.5% in Q1
Chart of the Day: Office rents rose 1.5% in Q1
Rents in Beach Road/Middle Road saw the highest increase at 3.1%.
Chart of the Day: Industrial property supply to crash in 2022
The decline will be partially countered by the launch of data centres in the coming years.
Grade A office rents up 3.2% in Q1 as supply tapered off
Occupancy has recovered to a healthy 95.2%.
European office supplies provider Lyreco buys DeskRight
It looks to relaunch its strategy for Asia.
High-priced industrial property transactions crashed 57% to $424.3m in Q1
The largest transaction was the $227.5m sale-and-leaseback deal with LTH Logistics.
Blackstone buys GLP's US logistics assets for record US$18.7b
Its real estate arm will get 115 million sqft for US$13.4b.
Funan to open doors on 28 June
It will open two months ahead of schedule with a 92% commitment for its retail leasing.
Keppel Data Centres invests $21.5m in Series C round of Luxembourg data centre developer
Etix has a network of data centres across Europe, Africa, Latin America and Southeast Asia.
Chart of the Day: New office supply pipeline to hit 7.6 million sqft by 2023
Office rents are expected to rise 8-10% amidst low vacancy levels of 3%.
URA tenders residential-with-commercial Bernam Street site
It can yield up to 325 potential units.
Mapletree Investments' profits up 10.3% to $2.16b in 2018
Its acquisitions in Australia, the US and Europe bolstered earnings.
Chart of the Day: Check out how food factory rents can cost
Factories with freezer and refrigerated facilities can fetch 25-35% higher price than the average.
Dairy Farm could rely on health and beauty segment to drive earnings
Its food division is floundering whilst its supermarkets suffer from poor locations and lack of improvement programmes.
Tokyo remained as most liquid property investment market in Q1
Acquisitions by J-REITs during the quarter were 30% higher than the quarterly average since 2014.
APAC's property market hit record $45b of investments in Q1
Growth was driven by China where real estate investments surged to $17b.
Food factories are eating up Singapore's industrial space
Over 630,000 sqft of food factory space came on-stream in 2019 YTD.
Spaces launches new flexible workspaces at TripleOne Somerset and Clarke Quay
By end-2019, the co-working space provider will open its fifth and sixth locations.
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