Commercial Property
Hmlet redefines cohabitation with flexible rental leases and flatmate matchmaking
They have raised US$1.5m in a seed round led by Aurum Investments in November.
CapitaLand Commercial Trust's net property income dips 4% to $67.96m in Q4
Its divestment of One George Street, Golden Shoe Car Park, and Wilkie Edge dragged profits down.
"Shadow spaces" are growing behind bright office market
Expansion of tech and real estate firms lifted demand to 50% in 2017.
Warehouse rentals fell by 4.9% in Q3
The industrial market faced a surge in supply.
Wing Tai disposes Winner Godown Building for $365m
The net proceeds of $361,232 will be used for expansion.
Freehold ICB Shopping Centre for sale for $60m
The Yio Chu Kang Road site is both for commercial and residential use.
Keppel DC Reit's NPI increased 37.6% to $125m in 2017
Thanks to acquisitions of data centres in Berlin, Milan and Singapore.
Yanlord Land forms three subsidiaries in China
Their activities will cover property and city development, as well as fitness services.
Oxley's profit slumps 45% to $68.24m in Q2
Revenue from the handover of The Royal Wharf plots was recognised after construction.
Venture buys freehold industrial site in California for $39.63m
The property will be used for Venture's collaborations with business partners.
Cache sells Hi-Speed Logistics Centre for $73.8m
It is recycling its capital to create debt headroom.
Cache's NPI rises 10.2% to $23.52m in Q4
It gained from the rental top-up of 51 Alps Avenue and other properties.
Singapore's office rental growth to be the second fastest in Asia Pacific
Rents are expected to grow by 9-10% in 2018.
CapitaLand inks investment deal for central China development
It's eyeing expansion under its “core city clusters, dominant assets” strategy.
Frasers Centrepoint Limited issues $300m fixed perpetual bonds
The bonds are part of its $5b multicurrency debt programme.
Keppel Land issues $150m 2.68% bonds due 2023
Funds raised from the bonds will be used for general corporate purposes.
Commentary
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