Commercial Property
Industrial space prices down 0.7% in Q1: JTC
The COVID situation could affect the completion of 1.9 million annual supply of industrial space.
Industrial space prices down 0.7% in Q1: JTC
The COVID situation could affect the completion of 1.9 million annual supply of industrial space.
CapitaLand Retail China Trust's tenant sales down 42.5% YoY in Q1
Only 34% of its stores were open on 15 February.
FCT's NPI down 1.3% to $35.96m in Q2
Growth in property expense outpaced revenue growth during the quarter.
Chart of the Day: 400,000 sqft of retail property supply set for 2020
Most of the upcoming supply will be located in the city fringe.
Suburban prime retail rents rose 0.3% in Q1
Travel bans and circuit breaker measures could further affect retail.
Suntec REIT's NPI slid 7.2% to $54m in Q1
The REIT expects a subdued Q2 for its mall portfolio.
How S-REITs' new lifeline can improve its cash flow
It will not prompt acquisitions as S-REITs are expected to be more prudent in capital efficiency.
MOF, IRAS, MAS launch relief measures for SGX-listed S-REITs
These include extending deadlines for distribution of income and raising the leverage limit.
Hong Kong's co-working scene thrives as Singapore struggles
Co-working spaces provider TheDesk gained 25% more new members YoY in Q1.
Yanlord's pre-sales rose 18.4% to $1.37b in Q1
Sales from Nanjing accounted for nearly 40% of the group’s pre-sales.
CDL buys controlling stake in China-based Sincere Property for $885m
This will provide the company with a portfolio of 27 investment properties.
Mapletree sets aside up to $13.7m for tenants
Rental rebates will be disbursed in a targeted manner.
FLT and FCOT merger commences
FLT’s new investment mandate also came into effect.
Chart of the Day: Here are the top office deals in Q1
The top two are located in Raffles Place/New Downtown.
Industrial real estate investments recorded a volume of $606.8m
Positive developments were seen in Q1 despite the sombre tone.
Property deals slowed down in Q1
Home and retail sales dropped, whilst offices’ capital values and leasing volumes held firm.
CapitaLand secures $400m in green loans
CapitaLand offices in Singapore to adopt 100% renewable energy by end 2020. CapitaLand has secured a total of $400m in two bilateral green loans to...