News
Revolut Singapore hits first year of net profitability in 2024
Annual revenue rose 70% YoY and profit margin is 15%, it said.
MPACT’s NPI drops 6.1% YoY in FY24/25
DPU fell 10.0% to $0.0802.
Industrial firms’ caution persists but occupier demand holds firm: CBRE
Most tenants in the sector are still opting to renew their leases.
Indonesia turmoil squeezes Singapore retail margins
Currency volatility, inflation, and political risk are hitting Singaporean consumer-facing businesses the hardest.
Can the industrial real estate sector weather the tariff storm?
A slowdown in global trade could put downward pressure on rents.
Residential prices, supply eased in Q1: URA
Vacancy rates remained stable across all regions.
CICT’s NPI dips by 0.8% in Q1
Blame it on the absence of income from 21 Collyer Quay.
Keppel DC REIT subsidiary acquires $100m green loan facility
The loan is guaranteed by Perpetual (Asia) Limited.
Stoneweg European REIT renews leases of assets in Netherlands, Poland
These will extend the company’s Weighted Average Lease Expiry by almost six months to 5.3 years.
Condo resale prices down in March whilst volumes log double-digit growth
Overall prices fell compared to March but is 5.1% higher than a year earlier.
Office space prices dip 0.2% in Q1: URA
Rentals increased by 0.3% during the period.
OUE REIT net property income dips 12.1% in Q1 2025
Revenue was also down 11.9%.
CCCS approves Omnicon’s proposed IPG acquisition
The acquisition will not infringe section 54 of the Competition Act 2004.
Retail vacancy rate rises to 6.8% in Q1
Retail space prices also increased by 1.9%.
SATS appoints Timothy Tang as group chief financial officer (CFO)-designate
The appointment will come into effect on 2 May.
HDB’s resale price index up 1.6% in Q1 2025
It is lower than the 2.6% increase observed in Q4 2024.
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