Commercial Property

Chart of the Day: Prime retail rents remained flat in Q3

Orchard Road rents remained unchanged on the back of limited supply, which offset lower tourist spending.

Chart of the Day: Prime retail rents remained flat in Q3

Orchard Road rents remained unchanged on the back of limited supply, which offset lower tourist spending.

GIC-owned firm buys Hotel de Rome in Berlin

It used to house Dresdner Bank and the East German state bank.

Metro Holdings buys 20% stake in 14 Australian properties for $89.7m

These include four office buildings and 10 retail centres.

UIC profit down 13% to $52.9m in Q3

Lower contribution from its project, The Clement Canopy, dragged profits down.

CapitaLand sells Citadines Mercer Hong Kong for $101.6m

The property has an agreed value of $129.4m.

Chart of the Day: Check out the notable hotel land sales in 2018-2019

Midtown Development secured the Club Street site for more than half a billion dollars.

GIC buys tallest building in Beijing's Lize financial district

The firm will wholly own the property after the purchase.

ARA H-Trust buys three US Marriott hotels for $114m

The hotels are located in North Carolina and Texas.

Perennial Real Estate Holdings hit with $9.9m loss in Q3

This was mainly due to loss of gains from the revaluation of two Beijing plots.

Frasers Logistics & Industrial Trust's NPI up 23.2% to $186.7m for FY2019

This was boosted by contributions from new acquisitions in Europe and Australia.

CapitaLand profits down 7.8% to $333.93m in Q3

The absence of gains from divesting Westgate to CMT dragged down profits.

Chart of the Day: Auction listings down 15.5% in Q3

This was due to a fall in owner sale listings.

Riverside Piazza to be put for collective sale tender for $195m

The prime District 1 site can be converted for hotel use.

CapitaLand to sell 30 business park properties to Ascendas Reit for $1.66b

These include 28 office properties in the US and two facilities in Singapore.

Rental gap between CBD and fringe offices widens to 22%

Firms are thus seeking city fringe locations for their offices.