Commercial Property
Singapore leads Asia Pacific with a 10.8% YoY rise in logistics rents
Singapore leads Asia Pacific with a 10.8% YoY rise in logistics rents
Knight Frank attributed the growth to the nation's strong manufacturing.
Industrial leasing volume down 5.3% YoY in Q2
Rents increased 0.6% QoQ to $3.96 per sq ft.
Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
Apart from lower DPU, the REIT recorded lower net property income.
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
Expert cuts shophouse sales forecast to $700m-$800m for 2024
The previous projection was $1.1b-$1.2b.
Paragon REIT revenue soars 30% in H1 2024
Revenue for the period was $147.4m.
Singapore's industrial property market could stand to benefit amidst global volatility
The JTC All Industrial rental index saw its 15th consecutive quarter of growth.
Strata industrial sales recover in Q2 2024
Thanks to the 513 transactions in the second quarter.
Greenwood Ave freehold restaurant for sale at $15.5m
The property is approved for restaurant use and is fully-leased.
Sabana REIT proposes candidates for new internal management team
The REIT spent a total of $8.92m for its internalisation process.
Hong Lai Huat Group expects net loss for H1 2024
Last year saw a slimmer loss versus 2022's.
Hatten Land files for judicial management
It has also proposed the appointment of Tan Wei Cheong and Lim Loo Khoon as joint judicial managers.
Office rental growth to slow as firms downsize and competition rises
Colliers expect full-year rental growth of 2.0%
Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
The REIT reported a lower occupancy rate of 78.4% in H1.
CBRE strengthens ESG services with Paia Consulting acquisition
The consulting firm’s leadership will assume key roles at CBRE.
Hongkong Land's losses widen by 150% as revaluations hit earnings
Loss for the period was US$833m.
FHT's Singapore RevPAR falls 7.2% YoY amidst easing travel demand
Occupancy also declined in 9M 2024.
Commentary
Singapore's mid-market leadership problem nobody is talking about
From ‘only’ to ‘one of’: What Thailand’s land bridge means for Singapore businesses now
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs