Commercial Property
OUE profit plummets to $19.9m
OUE profit plummets to $19.9m
Find out what caused it to come falling down from $127.1m in the third quarter of 2010.
Commercial properties in AsiaPac to be robust in 2012
However, the risk of a slowdown is high in Singapore as rents have moved so quickly and have already reached their peak.
Yanlord acquires 50% stake of a Shanghai Youyou Group subsidiary for CNY1.65bn
Acquisition is among the significant opportunities the company capitalises on to further enhance its future development despite current volatile...
Kitchener Complex to undergo extensive makeover
All the tenants will be given a 2-month rent free period as renovation works are carried out.
OUE puts up two subsidiaries in Singapore
Principal activities of the two firms will be investment holding and hotel management consultancy services.
Tender for office site at Mountbatten Road awarded to Chen Chew Yen
The winning bid was $15,010,000 when the tender closed on November 1.
Roxy Pacific Holdings’ profit surges 50% to S$13.4m in 3Q11
The boost came from the S$9.6m fair value gain from reclassifying Kovan Centre to a development property.
Commercial real estate sales in AsiaPac jump 36% in 3Q11
And Singaporean investors continue to be the major overseas purchasers across the region.
Analyst warns AsiaPac REITs who depend on bank debt for funding
Stricter bank regulations and increasing bank debt costs might just take its toll on the REITs’ finances, so beware.
URA puts White site at Marina View/Union Street on the reserve list
The land parcel will have a maximum permissible gross floor area of 101,628 square meters.
Analyst warns SingLand of looming downward pressure to office rents next year
Portfolio seems resilient, but rental income still accounts for more than 60% of the group’s gross profits.
Are shophouses getting their grooves back?
At face value, it appears so but wait until you see its pre-crisis levels.
Up to S$150m worth of acquisitions ahead for Cache Logistics Trust in FY11-12
CIMB says its offers one of the most attractive and resilient yields in the market.
Factory space, anyone?
There’s a total supply of 3.298m sqm GFA of factory space from projects in the pipeline as at the end of the 3rd quarter.
Wing Tai’s luxury projects boost its 1Q12 revenue to S$109m
And the mid-segment accounted for 83% of its sales, mainly from Foresque Residences and Floridian.
Supply of office space to be robust in 4Q11
Question is, will most of them be occupied?
Suntec REIT sells Chijmes for S$177m
PRE 8 Investments is purchasing the property for a price 23% above valuation.
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