Commercial Property
4 cool building strategies that mitigate the rising heat in Singapore
4 cool building strategies that mitigate the rising heat in Singapore
Singapore’s warming rate is double the global average at 0.25 degrees Celsius per decade.
Property investment volume drops 30.6% YoY to $20.8b in 2023
GLS tenders accounted for 37.2% of total investment last year.
LHN occupancy rates surpass 90% in 1Q24
During the period, it secured a master lease renewal for an industrial property.
Orchard retail rents to grow 3%-5% in 2024: Savills
Tourist arrivals and spending will drive the growth in rents.
Ho Bee Land posts a $259.8m net loss in FY23
Loss per share stood at $0.3913.
Serene Centre sold for $105m
The property is a four-storey freehold commercial/residential development.
Industrial rents to grow 0%-3% in 2024: report
Savills cited three factors contributing to the projection.
Net property income of IREIT Global rises 2.3% YoY to €49.9m in FY23
Despite the increase in NPI, the REIT declared a lower distribution per unit.
Green building adoption in Singapore nears 80%
In APAC, SG stands as the 7th top market for green building adoption.
High-floor Grade A strata office floor up for sale
The expression of interest ends on 28 March at 3 pm.
3-storey shophouse with rear extension in Boat Quay Precinct up for sale
The indicative guide price for the property is $23.65m.
2-storey F&B shophouse in CBD up for sale
The public expression of interest exercise ends on 27 March, 3 pm.
Sabana Industrial REIT Trustee sees “little value” in convening an EGM now
Further announcements will be made in due course.
Trustee manager of Dasin Retail Trust hit with winding-up petition
The Trust received the petition from Zhang Guiming.
DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23
The REIT recorded a lower DPU despite a higher net property income.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
Food factory site at Senoko Drive for sale
The property is on sale via private treaty at a price of S$8.8m.
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