Commercial Property

Hybrid work and green movement drive Singapore office market

Savills Research asserted that whilst vacancy rates are rising, office rents remain resilient amidst evolving business landscape.

Lendlease, Optus ink multi-year tech deal

The partnership comprises three elements.

Coldplay’s 6-day concert boosts demand for accommodation in Singapore

Data from Agoda showed that searches for accommodation in the Lion City surged 8.7x.

URA launches public tender for Jurong Lake District site

The master developer site is part of the confirmed list of the 1H23 GLS programme.

CapitaLand Investment subsidiary placed under members’ voluntary liquidation

Citadines Melbourne On Bourke has ceased business operations.

CapitaLand India Trust issuing 141 million new units to raise S$150.1m

Issue price is at S$1.06 per unit, with opening date set on 30 June.

OUE C-REIT subsidiary clinches S$430m green loan for refinancing

The proportion of green loans to the REIT’s total borrowings increased to 69.6%.

Is Singapore on the path to recapture its status as a regional retail hub?

Data from Savills showed that Orchard Road rents may grow 2%-3% in 2023.

SG’s office market hit by increasing vacancy pressure

A CBRE report showed that vacancy may hit around 10% by the end of 2023.

Hongkong Land unveils 10 planned retail developments in China

Its Shanghai West Bund Financial Hub will have a total development area of 1.1 million sqm.