Commercial Property
Pair of conservation shophouses in Kampong Bahru Road up for sale
Pair of conservation shophouses in Kampong Bahru Road up for sale
The property has a guide price of $18.8m.
Keppel Pacific Oak US REIT distributable income falls 12.5% to $17.47m
But its gross revenue increased by 0.2% to $49.47m.
Sabana Industrial REIT’s portfolio occupancy climbs to a new high in Q123
The REIT recorded a 92.6% occupancy.
Keppel DC Reit’s DPU up 3% in Q1 23 due to data centres investment
New acquisitions of Guangdong data centres contributed to the increase.
Property investment volume falls 63.3% YoY to $4b
It is the lowest quarterly investment volume registered since Q4 2020.
ARA US acquires Hilton Colorado Springs South's Home2 Suites for $38.7m
The acquisition reflected the Managers' ongoing portfolio optimisation.
Chart of the Day: Top considerations in investing in green buildings
The top driver is sustainability and ESG.
New PDD to push sustainability, business opportunities
The new district would be crucial for Singapore and its commercial and business park sectors.
Office rents dip 1.0% in Q1
Gross effective rents now stand at $11.30 psf pm NLA.
Phaidon proves ‘office environment’s not dead’ with bigger workspace
The expanded Singapore office is seen as Phaidon International’s ‘jewel of the crown’
Demand for logistics and warehouse space healthy in Q1 23
Rents grew 2.6% quarter-on-quarter in the first quarter of 2023.
Chart of the Day: OCR is the most active region in March developers' sales
Projects in the CCR dominated the top 10 bestselling projects.
Far East Orchard eyes stabilisation of hospitality business by 2024/25
To achieve such, it will grow its portfolio to 25,000 beds within two years.
Chart of the Day: 51% of businesses only have a general knowledge of green buildings
Those who have a broad knowledge of it, however, are just 38%.
CEVA Logistics renews lease for Greenwich Drive property
The company extended its occupancy of 74.2% of the property.
Prime logistics rent rises 3.7% QoQ in Q1
It recorded the strongest rental growth for the quarter.
HDB shophouse with a living quarter in Hougang Ave 1 up for sale
It is being sold for $5.40m.
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