Commercial Property
CapitaLand India Trust completes acquisition of BlueRidge 3 Phase 1 in Pune for ₹7.73b
CLINT now has three business parks in Pune.
CapitaLand India Trust completes acquisition of BlueRidge 3 Phase 1 in Pune for ₹7.73b
CLINT now has three business parks in Pune.
SLA revises land betterment charge rates
The agency made adjustments for five use groups.
OUE’s net profit drops 57.3% to $81.1m in FY23
Despite the decline, the company declared a special dividend of $0.02.
2-storey conservation bungalow in District 15 hits market
The guide price for the property is $54.5m.
Centurion’s net profit after tax soars to $175.9m
The FY23 net profit is 131% higher than the FY22 record.
Far East Orchard triples net profit in FY23
Net profit for the period was $66.0m.
CDL posts a $4.9b increased revenue in FY23
Net profit for FY23 stood at $317.3m, lower than FY2022’s $1.3b.
UOL Group sees 12% YoY rise in FY23 net earnings
The group’s overall revenue fell which was partially offset by strong performance from its hotel operations.
JTC launches Tampines North Drive 5 tender
It has a site area of 0.5 hectares.
Net profit of Sinarmas Land falls 23.4% YoY to $384.9m in FY23
The company recorded lower net profit despite a 7.9% YoY higher revenue.
Property investment volume drops 30.6% YoY to $20.8b in 2023
GLS tenders accounted for 37.2% of total investment last year.
4 cool building strategies that mitigate the rising heat in Singapore
Singapore’s warming rate is double the global average at 0.25 degrees Celsius per decade.
LHN occupancy rates surpass 90% in 1Q24
During the period, it secured a master lease renewal for an industrial property.
Orchard retail rents to grow 3%-5% in 2024: Savills
Tourist arrivals and spending will drive the growth in rents.
Ho Bee Land posts a $259.8m net loss in FY23
Loss per share stood at $0.3913.
Serene Centre sold for $105m
The property is a four-storey freehold commercial/residential development.
Industrial rents to grow 0%-3% in 2024: report
Savills cited three factors contributing to the projection.
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