Commercial Property
COTD: Prime retail rent grows 0.5% in Q3
COTD: Prime retail rent grows 0.5% in Q3
It translated to a price increase of $28.40 per square foot.
SC Capital sells South Korea site for $48.9m
The six-storey property has a gross lettable area of approximately 4,189 square metres.
Lendlease Global Commercial REIT issues 29.7 million new units for fee payments
About 24.99 million units were issued as payment of 100% of the REIT management fees.
UOL-led consortium is top bidder for URA’s Dorset Road site
The top bid of over $524.3m translated to a land rate of $1,338 per square foot per plot ratio.
Climate costs mount for Singapore REITs despite stronger ESG adoption
About one-third of S-REITs have more than 80% of their portfolios green-certified.
JTC awards $95.19m Tukang Innovation Drive site to Fusion Land
The tender closed on 9 September, with three bids received.
Cautious sentiment and slower leasing to continue in office market
Capital values were stable in the third quarter.
Total investment volume up 31% QoQ in Q3
The increase was mainly led by the residential sector, recording $4.1b in transactions.
CapitaLand Ascendas REIT to buy 3 SG industrial properties for $565.8m
The properties are 2 Pioneer Sector 1, Tuas Connection, and 9 Kallang Sector.
Tanjong Pagar office unit up for sale
It spans 5,425 square feet.
Real estate investments up by 7.5% QoQ in Q3
Private sales took the bulk, totalling $6.3b.
UOL completes Thomson View condo sale
The development houses 200 apartments.
Commercial site at Changi Road up for sale for $38m
The site has a total strata area of approximately 13,520 square feet.
COTD: Islandwide retail supply pipeline peaks in 2025
However, supply is expected to ease from 2026 through 2029.
RHB keeps Overweight rating on Singapore REITs
RHB expects modest cap-rate compression.
Soilbuild Group bags Sengkang West industrial site for $156.11m
The tender closed on 19 August with four bids submitted.
Lendlease Global Commercial REIT signs US Tech Tenant at Milan’s Building 3
The new lease raises committed occupancy to 49%.
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