Commercial Property
Sabana Industrial REIT’s portfolio value hits $914.5m in 2024
Sabana Industrial REIT’s portfolio value hits $914.5m in 2024
The 151 Lorong Chuan property has the highest value of $362.7m.
SATS terminates lease on Jurong Innovation District site
It is in the process of evaluating sites to relocate the SATS Food Hub.
Sabana Industrial REIT NPI revenue and occupancy down in H1
Net property income (NPI) was $27.2m for the period.
SIDS fights misconceptions in interior design with accreditation, education
The organisation is setting up a digital platform to speed up accreditation from 6 to 2 months.
Singapore real estate investment sales up 52.6% in Q2
This growth was mainly due to higher revenue from GLS land sales.
OUE braces for H1 loss amidst China property market woes
It attributed its expected loss to partially owned investee company GPI.
CapitaLand India Trust invests $108.99m in new Mumbai office building
The property increased CLINT's total portfolio floor area by 4.0%
Low Q2 shophouse transactions not reflective of market interest
In Q2, sales fell 30.4% QoQ and 66.0% YoY.
Yoma Holdings unclear on Serge Pun’s detention or house arrest
CEO Melvyn Pun says his father remains in Nay Pyi Taw, cooperating with authorities.
Office market spikes to $1.26b in Q2, led by block sales
Mapletree Anson's sale to PAG topped deals this period.
GLS tenders boost property investments to $6.5b in Q2
Investments rose 64.1% QoQ and 71.1% YoY.
Prime retail rents up 3.8% in Q1
City fringe retail fueled rental growth.
Singapore prime office values dip in Q2
Values slid to $3,050 psf from $3,100 psf previously.
Sabana REIT secures TOP for 1 Tuas Ave 4 post enhancement
Enhancement works took slightly over 15 months.
First Sponsor consortium buys heritage-listed Pitt Street site for $24.7m
The redeveloped site will include a tower of 241 apartments and an upper upscale hotel.
CDL’s New Zealand subsidiary buys industrial plot for NZ$17m
The parcel forms part of a bigger Industrial Park planned in the area.
Mapletree Logistics Trust expects negative rental reversion in China amidst market alignment
The company said it will focus on occupancy rather than rent growth.
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