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.
Mapletree revises DPU forecast ahead of anticipated lower occupancies in China properties
Gross revenue in the quarter dropped 7.4% YoY to $223.7m.
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.
AIMS APAC REIT’s net property income up 1.9% YoY in 9M2025
DPU for the period also rose 1.1% YoY.
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.
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