Commercial Property
Mapletree Logistics Trust's NPI up 3.9% to $108.56m in Q3
Higher contributions from properties in Australia, South Korea and Vietnam boosted income.
Mapletree Logistics Trust's NPI up 3.9% to $108.56m in Q3
Higher contributions from properties in Australia, South Korea and Vietnam boosted income.
Chart of the Day: Industrial property supply to hit 26.2 million sqft by 2022
Occupancy and rental rates are expected to receive support with a tapered supply.
MNACT's NPI plummets 40% to $50.78m in Q3
The closing of Festival Walk for repairs dragged down its profits.
Office space leads Singapore's property scene as deal value jumps 53.5% in 2019
It was led by the sale of Chevron House, which was bought at $1.03b.
Chart of the Day: Occupancy rates of private industrial spaces remained flat in Q3
Single-user factories and business parks posted the highest climb at 0.3 ppt.
Golf time between developers results in lower land bids: study
Winning bids fall by as much as 14% after informal interactions at the golf course.
Chart of the Day: Investments in office developments soared 62% to $7.6b in 2019
The capital value of Grade A offices climbed 3.9% to $2,518 psf.
Frasers Commercial Trust NPI grew 26% to $26.7m in Q1
Higher rental income from China Square Central and Alexandra Technopark drove its growth.
CapitaLand wins tender to operate Bugis Village and Bugis Street
The award has an initial tenancy term of three years.
Property auction listings surge as mortgage defaults hit owners in 2019
The number of listings under mortgagee sales sharply rose 61.13% to 630 in 2019.
MIT buys 10 data centres in North America for $750.1m
Its portfolio now has a total of 27 data centres in the said continent.
Grade A office rents to see slowest growth in four years
Rents are tipped to grow by only 1% YoY in 2020.
Yanlord buys stakes in Shenzhen developers for $223.79m
It also disposed of a 5% interest in Hainan Yanlord Beautycrown.
Office spot rents likely to plateau in 2020
An influx of family offices could keep rental growth flat.
Chart of the Day: These developers had the highest sales in 2019
Oxley had a sell-through rate of 50% across 11 projects.
11 retail shops in Sim Lim Square launched for sale for $22m
Unit sizes range from 291 sqft to 506 sqft.
Daily Briefing: Medtech firm eko.ai raises $5.4m in seed funding; Geylang Road development on en bloc sale for $5.24m
And Accelerating Asia invests $1m in 10 startups.
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