Commercial Property
Is it time to put a lid on the F&B boom?
Is it time to put a lid on the F&B boom?
F&B business formations hit 3,793 in 2024, second-highest since 1990.
Slow deal flow keeps Singapore property salaries flat
Singapore’s real estate professionals are earning less than their peers in Hong Kong.
Savills cuts 2025 sales forecast to $20b with market in flux
The downgrade follows a 47.3% QoQ drop in private sector investment sales.
Ascott eyes doubling portfolio in India by 2028
Ascott added 600 units with three deals in Goa, Lucknow, and Thanjavur.
IREIT Global secures building permit for Berlin Campus upgrade
The first phase of the upgrade is set to be completed in 2027.
Singapore amongst top global cities in office design costs
This places Singapore in the top global cost tier, alongside major financial hubs like New York City, London, and Zurich.
Keong Saik Road and Joo Chiat Road shophouses on sale via EOI
The EOI will end on 8 May.
CDL group CEO Sherman Kwek forgoes $1.35m long-term incentive grant
He received a total compensation of $2.97m.
ESR Group breaks ground on $1.3b commercial site in Japan
The site has nine storeys and a gross floor area of 433,000 square metres.
CapitaLand China Trust prices $109.43m notes due 2028
It will have a fixed interest rate of 2.88% per annum.
Appetite for premium space drives CBD office rents: CBRE
Grade A office rents rose by 0.8% in Q1 2025, reaching $12.05 per square foot per month.
Bedok ‘Health & Medical Care’ redevelopment site for sale at $63m
The site will be sold with a 60-year leasehold tenure.
Six-storey industrial site in Tampines for sale at $380m
The property has a remaining land tenure of 34 years.
Upper Serangoon site up for sale
It has a guide price of $260m.
CBD office rents hold steady in Q1 despite vacancy rise
Core CBD Premium and Grade A office rents slipped by 0.1% QoQ to $11.67 per square foot
Soon Hock buys Ching Shine site for $113.2m
The site comprises 52 strata units on a 49,308 sq. ft. land area.
Warburg Pincus expands Japan presence with two April acquisitions
The firm announced that its joint venture with Eastgate Group had acquired the Shinagawa Seaside West Tower.
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