Commercial Property
OUE REIT’s net property income down 5.6% YoY in Q3
OUE REIT’s net property income down 5.6% YoY in Q3
Its revenue declined 5.8% during the period.
Singapore industrial rents up 0.5% in Q3
Business parks were the only segment to record a slight decline, with rents dipping 0.2% QoQ.
CapitaLand Malaysia Trust’s DPU grows 3.7% QoQ in Q3
Net property income also grew by 11.5% QoQ.
Renaissance United acquires seven serviced apartments in Malaysia
The net aggregate purchase price is $1.08m.
FCT takes full control of Northpoint City South Wing
The agreed property value was $1.1b.
FCT’s NPI up 9.7% YoY in FY 25
Its DPU inched up by 0.6% YoY.
COTD: Real estate investment sales soar to $10.3b
The Residential sector accounted for the largest share at 37.7%.
Mandarin Oriental sells HK office floors to Alibaba, Ant
The two companies paid $1.1b (US$925m) for the 301,555-square-feet space.
UOL-led consortium wins bid for Dorset Road
The tender sale price amounts to $14,405.06 per square metres.
CapitaLand Investment commits $100m to ESA flagship in Singapore
The building will target Green Mark Super Low Energy certification and include ambient and wine storage options.
Singapore logistics market holds steady with 3PL-led demand
Year-to-date, net absorption reached 1.9 million square feet against 5.8 million square feet of completions
CBD leasing demand holds firm in Q3 with AI and fintech expansion
The vacancy rate held at 7.0%, whilst average gross effective rents stood at $11.83 per square foot per month.
S-REITs a good defensive play on renewed US-China tensions
They have stable cash flows and will benefit from upcoming rate cuts.
Centurion acquires London site for $75m
The firm plans to develop a 225-bed student accommodation.
Sunset Hospitality to debut METT Singapore
Opening rates will start at $625, inclusive of taxes and service charges.
NParks sets up revised tenancy agreement for landscape, orchid land plots
In the new 6+3 year model, renewal will occur only once at 7th year of tenancy.
GKE renews 20-year lease of Jurong logistics facility
The new term requires a S$1.65m investment and green compliance measures.
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