Commercial Property
IOI CBT’s aircon feature to resolve Singapore’s climate crisis
IOI CBT’s aircon feature to resolve Singapore’s climate crisis
The IOI Central Boulevard Towers use a balanced air conditioning feature to lessen the carbon footprint in the units.
Savills to oversee retrofitting of chiller and building management for SG pools
It was appointed to look after the retrofit of chiller and building management system.
CLAR secures fifth data centre in the UK for $200m
The data centre is a high-specification Tier III.
New home sales in July reach an all-new-high since 2021
Around 6,500 to 7,500 new private homes will be sold during the year.
Shophouses in Club Street, Yio Chu Kand Road for sale
The submission of expression of interest closes on 20 September, 3 pm.
Freehold industrial units at Citilink Warehouse Complex are on sale
Prices of units start from below $1m to $20m for early birds.
Manulife US REIT registers lower first-half performance
Distributions for the first half of the year will be halted.
TMW Maxwell offers 80 units, sells seven units in phase 1
The initial phase saw seven units sold at prices ranging from $1.5m to $2.5m.
Dasin Retail Trust announces ‘events of default’ under $106.61m offshore facility
All commitments under the facility will be immediately cancelled.
Quek & Quek Civil Engineering bags Woodlands Avenue 8 tender for $6.9m
The tender for the industrial site closed on 20 June.
Industrial rental growth decelerates to 2.1% QoQ in 2Q23
Higher supply will continue to moderate rental growth, said Colliers.
UHREIT reveals lower DPU YoY in H1
The retention of a property led to a lower DPU in the first half (H1) of 2023.
CEREIT’s DPU moderately drops by 4.5% YoY in H1
It was hit by the higher interest rates.
CLI’s PATMI down 19% to $351m in H1
The PATMI was attributed to improved operating performance in most sectors.
UOL’s net attributable profit shrinks to $135m in 1H23
Lower attributable fair value gains on its investment properties drove the 64% YoY decline.
Sasseur REIT’s DPU drops 2,6% YoY in 1H23
On a like-for-like currency basis, DPU would have been higher by 8.1% YoY.
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