Commercial Property

Investment sales jump by over 35% to $26.61b in 2024: Savills

This growth was observed across all asset classes, with increases ranging from 12.1% to 133.1%

COTD: Industrial leasing declines by 8.6% QoQ in Q4 2024

The market only recorded a total of 3,020 industrial leasing transactions.

COTD: Industrial property sales value falls by over 70% QoQ in Q4 2024

Total sales decreased to $924.1m (369 deals) from $3.2b (500 deals) in the previous quarter.

Tower REIT posts $698,000 net income in Q2

Gross revenue increased by 10.4% to $3.03m (RM10m).

Hong Lai Huat proposes 40.5 million share placement to executive director

After the proposed placement, Ong and his family will own 51.1% of the company’s enlarged share capital.

Singapore’s real estate market surges 83% YoY in Q4 2024

Hospitality assets emerged as a key focus area, JLL noted.

United Hampshire US REIT divests Albany – Supermarket for $32.5m

The divestment consideration is 4.2% higher than the purchase price of $31.3m.

MLT divests 8 Tuas View Square for $11.18m

The divestment is part of MLT’s portfolio rejuvenation.

CDL achieves over $600m from divestments in 2024

The divestments aim to enhance portfolio efficiency and returns.

Developers to remain 'selective' with GLS bids in 2025

Dairy Farm Walk and Tengah Garden Avenue tenders reflect developers' cautious approach.

Roxy Square relaunched for collective sale at $1.115b

This is a 10.8% reduction from its previous asking price of $1.25b.

Stoneweg EREIT updates green financing framework

The REIT was previously known as Cromwell European REIT.

Paragon REIT finalises sale of Figtree Grove Shopping Centre

A deposit of approximately A$9.6m has already been paid by the purchaser.