Commercial Property

Prime office rents to rise by 7% in 2018: Colliers

Better GDP and economic conditions drove demand for office space.

Investment sales raised $40.2b in 2017

The residential sector comprised 54% of the deals.

Industrial REITs are on a roll with recent acquisitions

Mapletree Logistics Trust recently bought the remaining share in Shatin No. 3, Hong Kong for $103.7m.

Keppel's property segment dethrones O&M in profits

In 9M2017, property comprised 55% of contributions, whilst O&M comprised 2%.

CapitaLand sells stake in mall owner for $1.71b

It expects to gain net proceeds of $660m and a net gain of $75m.

Time bomb on OUE Bayfront's income support starts ticking

But the level of income support it uses still rose 11.5% in 9M2017.

JTC launches tender for industrial site in Tuas Bay Close

An applicant set a committed bid price of $17.5m.

Frasers Centrepoint Limited to raise $300m from bonds

The bonds will be issued at $250,000 each.

Here's why CapitaLand's recent Chinese and Indian divestments is a strategic move

It lowers the company’s risk of retail exposure and unlocks capital from mature assets.

Global Logistic Properties forms two funds for European properties

The two will add $5.43b to its current fund management platform worth $57.8b.

CapitaLand invests in Shanghai office plot for $265m

It plans to build a 37,765 sqm Grade A office building.

Yanlord Land buys 65% of Shenzhen redevelopment site for $114.82m

It is nestled within the LuoHu district of the Shenzhen Special Economic Zone.

Weak rents loom for Keppel REIT despite $8.5b office assets

Vacancies are still high and plenty of secondary space is surfacing in the year ahead.

CityDev chairman urges M&C minority shareholders to accept takeover offer

Kwek Leng Beng said accepting the offer will allow them to exit their holdings at "a material premium".

Will industrial rents bottom out next year?

But recovery might be rocky as firms are looking to downsize and remain cost efficient.