Commercial Property

Would you pay $737 million for this building?

It was bought for just US$214 million in 2006, but now the German owners are expected to put it up for sale next week as commercial real estate...

Singapore ranks 16th on prime retail rent

New York City remains the world’s most expensive retail destination, with Hong Kong and Sydney at second and third place.

CapitaMalls et al to develop shopping mall and office at Jurong Gateway

The total development cost is expected to be approximately S$1.5 billion.

URA accepts joint tender by CapitaLand et al

The Jurong Gateway site located at Boon Lay Way was awarded at S$969 million.

Experts warn of ‘perfect property storm’ in 2014

With owners now waiting 25 years to recover their property investment through rent, there is only one way this market is heading, argues DTZ.

Expect continued office price and rental increases: DTZ

Forecast for the commercial and industrial markets was based on the projected economic growth of 4-6%. According to DTZ’s Money into Property report...

Delinquent Aussies reach all-time high

Looks like the Aussies are on a very tight budget.

CapitalMalls goes from build to rent phase with fund name and size change

An upsized fund size brings CMA to stable grounds with its increase by 50% to US$900m.

Ascendas, Mapletree and Soilbuild in final 3 battle to control JTC’s flatted factory sale

There are 21 blocks up for grabs and bidding could go as high as $650 million, but who will win out?

CapitaMalls Asia converts China development fund to an income fund

Conversion, which enabled the company to upsize fund by 50% to US$900mn, reflects evolution from assets under development into operational malls.

Singapore leads growth in Asia Pacific office rent

CBRE’s first quarter Asia Pacific Office Rent Index up 3% but lower than the 3.6% posted in the fourth quarter as quake forced Japanese to defer...

URA launches tender for Tuas View Square site

Bidding price for the land parcel will not be less than $4,888,888.

Oxley’s Vibes at East Coast launches tomorrow

Listed developer, Oxley Module Pte Ltd will showcase its latest property, tagged as “the Gem of the East” tomorrow, May 25.

Rents to remain stable and occupancy high says Moody's

Actual debt service coverage ratios (DSCR) were above 3x, while appraisers' loan-to-value ratios were in the 20-32% range.

Fears escalate as rent inflation hits industrial and warehouse space with rents skyrocketing 5.4 per cent in the 6 months to March

And according to research from property firm Colliers, this is a rapid rise compared to a rent increase of just 1.6 % in the preceding year.