Commercial Property
Singapore commercial real estate investments up 14% in Q1
Singapore commercial real estate investments up 14% in Q1
APAC commercial property investments are up 13% YoY.
Anti-money laundering bust affects shophouse sales
In 1Q24, shophouse deals rose 31% QoQ but fell 34% YoY.
APAC Realty partners with Upper Room Realty for Philippine expansion
The Philippines is APAC Realty’s 13th country in its Asia Pacific portfolio, and the 40th globally.
OUE REIT secures $600m sustainability-linked loan
The REIT will use the loan to repay debt due in 2025.
Singapore strikes a balance in logistics supply per capita, trade: report
The capital value of warehouses is still one of the highest in the region.
SGX RegCo confirms ESR Group Limited's eligibility to vote on Sabana REIT trust deed amendments
The regulator emphasised that no rule bars the sponsor from voting on amendments.
LHN unit divests 20% stake in Coliwoo (TK)
The unit sold 20,000 shares for $20,000.
CBD Grade A office rents show stagnation in 1Q24
Rents for CBD Grade A offices held steady at $9.65 psf.
URA unveils 4th Rail Corridor community node
Ho Bee Land developed the 1.6-hectare community node.
Industrial dealmaking and leasing activity slows in Q1: report
Rents, prices to rise 3% to 5% this year.
8 suburban areas to watch for retail investment
These areas have low provision of retail space compared to resident populations.
Apple invests US$250M in Ang Mo Kio campus expansion
Construction will begin in late 2024.
Are high property costs stunting tech growth in Singapore?
Singapore has the highest average annual asking office rent at US$104 psf.
Food factory at 30 & 32 Tuas Avenue 12 up for sale for $19.0m
JLL is selling the property via private treaty.
CICT NPI rises 6.3% YoY to $293.7M in 1Q24
Gross rental income growth and lower operating expenses drove the uptick.
Commercial redevelopment site on Orchard Road for sale for $438m
The public tender closes on Monday, 27 May 2024, at 3 pm.
Marina Bay Sands targets 2029 completion for major expansion
Construction will begin in July 2025.
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