Commercial Property

Keppel REIT's 9M23 property income rises 5.0% YoY to $172.6m

Keppel REIT's 9M23 property income rises 5.0% YoY to $172.6m

The REIT attributed the increase to higher rentals and portfolio occupancy during the period.

How landlords are responding to weakening demand for office

In 3Q23, CBD investment-grade office rents fell for the first time in 10 quarters.

Frasers Property  warns of lower profits for FY23

The company expects fair value losses on a portion of its portfolio of investment properties.

Keppel’s  private fund acquires 2 education assets in Sydney for $175m

The acquisition will bring Keppel’s portfolio to $4.3b of assets in Australia.

Tai Seng property 50 Playfair Road for sale at $70m

The land has no restriction to foreign ownership and no ABSD payable.

Strata office units at Sunshine Plaza up for sale

The entire portfolio’s asking price is at $18.4m.

AA REIT sees ‘minimal financial impact’ from Yishun Industrial Park fire

The cause of the fire at 61 Yishun Industrial Park A is under investigation.

​​​​​​​Property investment market activity to remain muted for the rest of 2023

Knight Frank expects total investment sales for 2023  to reach around $18b-$20b.

SG’s outbound investment drops 36.4% QoQ in 3Q23 

Year-on-year, outbound investment declined 62%.

Cromwell E-REIT divests Italy asset for $135.4m

Viale Europa represents 6.9% of the REIT’s net asset value.

ESR-LOGOS REIT's Ang Mo Kio property obtains TOP

The property has also secured an occupancy of 50%.

Huttons backs review of anti-money laundering regime

The company emphasised real estate agents' key role in countering money laundering.