Commercial Property
MPACT’s NPI declines by 8.5% YoY to $166.9m in Q3
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.
Aging industrial assets to face pressure from incoming supply
JTC expects 1.2 million sqm of new industrial space to be completed in 2025.
Suntec REIT’s distributable income decreases by 1.6% in 2024
DPU from operations to unitholders was 6.192 cents.
OUE REIT posts 2.3% NPI decline to $116.9m in H2 2024
This was due to the upward revision of prior years’ property tax for Hilton Singapore Orchard and Crowne Plaza Changi Airport.
ESR China REIT raises $390m in Shanghai Stock Exchange IPO
It had 800 million shares offered at $0.48 (RMB2.628) per share.
Keppel DC REIT DPU climbs 13.2% YoY in H2 2024
This was driven by the acquisition of Tokyo Data Centre 1.
Starhill Global REIT DPU up by 1.1% in H1 2024
It was due to higher contributions from Singapore and Perth Properties.
Singapore office market growth to slow amidst occupier caution, rising supply
The influx of new developments may lead to a more competitive leasing environment and potential pressure on rental growth.
Singapore leads growth of APAC’s commercial real estate transaction volume
The country has a key position in APAC’s real estate market.
Industrial rents up 3.5% in 2024
This was a sharp decline from the previous year according to JTC.
Singapore’s property agent numbers rise to over 36,000 in 2025
The largest property agency in the country is PropNex.
Frasers Centrepoint Trust achieves 99.5% retail portfolio occupancy in Q1
Shopper traffic increased by 2.7% YoY.
Sabana Industrial REIT 2024 DPU up 3.6% YoY at $0.0286
Net property income also rose 4.5% YoY.
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).
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