Commercial Property
Office prices jumped 3% in Q1: URA
Total supply grew to 733,000 sqm gross floor area of office space in the pipeline.
Starhill Global REIT's NPI slid 1.8% to $39.56m in Q3
Lower contributions from its Singapore retail portfolio and higher property expenses dragged earnings.
Singapore dethrones China in global property investments rankings for 2018
It invested US$18b globally, translating to 36% of the total last year.
Manulife US REIT NPI rose 27.7% to $34.19m in Q1
Revenue contribution from Penn and Phipps buys boosted earnings.
First Sponsor's profits jumped 39.02% to $23.8m in Q1
The 87% gross profit increase from its property financing business segment boosted earnings.
CapitaLand Retail China Trust NPI up 7% to $39.8m
The increase was driven by stronger rental growth from its core multi-tenanted malls.
Sasseur REIT buys additional Hefei Outlet shop units for $19.8m
The acquisition is said to be its first since its IPO.
Peninsula Plaza office units for sale at $9.29m
The units on the 12th floor range from 1,001 sqft to 1,776 sqft.
Suntec REIT NPI dipped 7.6% to $58.1m in Q1
Lower revenue from Suntec Singapore and 177 Pacific Highway dragged on earnings.
Daily Briefing: Singapore unveils plans to build 50-hectare train testing centre; AI sales assistant firm startup Saleswhale raises US$5.3m
And new-gen integrated development Funan obtained its TOP.
CapitaLand Mall Trust NPI rose 11.5% to $140.1m in Q1
The increase was due to the completion of the acquisition of the balance 70% of the units in Infinity Mall Trust.
Frasers Centrepoint Trust NPI grew 4.8% to $36.44m in Q2
The 24.6% NPI growth at Changi City Point drove up earnings.
SPH and Perennial Real Estate ink deal to organise co-branded events
The partnership will leverage on SPH’s content creation capabilities and Perennial’s property assets.
CBD Grade A rents to grow 8% in 2019: report
Total net demand could reach 857,000 sqft amidst supply shortfall and healthy occupier demand.
Japan's commercial property market to rise despite tight conditions
Prime rents within Tokyo’s 23 CBDs pushed to $71.57 per 1,420 sqft per month, a cyclical high for stock of this nature.
Frasers Property arm to sell three Australian retail assets
Central Park Retail is expected to transact in excess of $170m.
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