Commercial Property
BBC Studios is Keppel REIT's newest tenant in North Sydney asset
It will relocate to a boutique office development, 2 Blue Street (formerly known as Blue & William), in North Sydney.
PropNex Limited's H1 2024 profit declines to $19.45m
Interim dividend stood at 2.25 cents per share.
ESR-LOGOS REIT acquires ESR Yatomi Kisosaki Distribution Centre
The acquisition fee amounted to $3.3m.
Mandarin Oriental posts lower Q3 2024 profits due to lower branding fees
The group reported higher Revenue per Available Room year-on-year.
Tuan Sing Holdings subsidiary to apply for mixed-use redevelopment in Melbourne
The project plans to transform part of the property for high-end retail and F&B.
Hongkong Land’s Q3 profit rises on China build-to-sell completions
However, the company will no longer pursue new standalone build-to-sell projects.
Prime US REIT’s leasing volume doubles to 209,800 sq ft in Q3
In Q2, it recorded a leasing volume of 97,300 sq ft.
Centurion’s revenue rises to $62.1m in Q3 on high rental income and occupancy
Across markets, Singapore reported the highest revenue uptick of 26% YoY.
Metro Holdings’ H1 FY25 profit down 59.6% YoY amidst China property slump
It reported fair value losses net of tax of $11.1m from its China investments.
Bukit Sembawang's net profit soars 149% in H1
Earnings per share stood at $0.24.
BHG Retail records 96.6% occupancy rate in Q3
NLA for all six properties amounted to 179,585 square meters.
IREIT Global’s Q3 occupancy dips to 89.6% amid Spanish portfolio impact
Its Spanish portfolio recorded an occupancy rate of 70.1%.
Boustead Singapore’s net profit rises 48% YoY in H1 despite lower revenue
Revenue fell 20% YoY.
Frasers Property's FY 2024 profit rises 19.2% to $206.3m on global gains
Its residential properties in China and Australia posted higher contributions.
Frasers Hospitality Trust's distributable income down 0.8% YoY despite higher NPI
NPI rose 5.5% YoY in H2 FY 2024.
Singapore shophouse sales fall 46.1% YoY in 9M2024
There were only 62 shophouses sold during the period.
Commentary
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Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’