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.
UOB appoints receivers of Libra Group's mortgaged property in Loyang
Three individuals have been named as joint receivers.
Frasers posts 100% occupancy rate after Amazon lease in Q4
The firm completed 122,554 sqm of leasing.
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.