Commercial Property

Singapore real estate rebounds 28% in 2024, reversing 30% slump

Easing interest rates and renewed investor confidence will likely sustain momentum into 2025, according to CBRE.

Industrial rents reach highest level since 1996 with Q4 2024 growth

Overall rental growth was mainly driven by the multiple-user and warehouse segments.

Singapore auction listings rise, but sales lag in Q4 2024

Auction sale listings surged by 47.7% QoQ to 127 in Q4 2024.

CBD Grade A office vacancies reach six-year high: Savills

This surge is due to the completion of IOI Central Boulevard Towers.

Tan Boon Liat building seeks $1.15b in collective sale

It is located atop Havelock MRT Station on the Thomson-East Coast Line.

KDCREIT to benefit from growth in inference AI and AI agents

KDCREIT has just acquired two data centres, which will contribute to its earnings in early 2025. 

Commercial property sentiment stalls in Q4 2024 amidst market imbalance

Student housing is expected to be the most financially viable sector in 2025.

Singapore's commercial property market remains steady: report

Meanwhile, investment enquiries across Singapore fell in Q4.

Suntec, Keppel, OUE REITs report strong office occupancy in 2024

Return-to-office and demand for subdivided space lifted OUE REIT’s portfolio reversion.

IREIT Global names Kevin Tan as CFO

He is head of investor relations and capital markets for IREIT.

OUE REIT issues 7.1 million units as base fee payment

The units were issued under the trust deed constituting OUE REIT in 2013.

CapitaLand India Trust’s DPU rises 6% YoY in 2024

Recent acquisitions and higher rental income drove this increase.

CapitaLand Ascott Trust profit up 8% in 2H 2024

The group’s revenue also rose 6% YoY to $423.2m.

MPACT’s NPI declines by 8.5% YoY to $166.9m in Q3

Its gross revenue also decreased by 7.4% YoY to $223.7m.