Commercial Property
APAC commercial property investment hit $163b in 2018
Investments in office, retail and industrial properties hit a new high of $146b.
APAC commercial property investment hit $163b in 2018
Investments in office, retail and industrial properties hit a new high of $146b.
Retail rent growth needs more push for recovery: UBS
The increase in rents is marginal, ranging from 0.5-1.4% YoY as at Q2 2018.
CBD rents edged up 17% for five consecutive quarters: report
The co-working boom is driving office demand.
Daily Briefing: Redevelopment plans for Dakota Crescent still in progress; Hyflux adds to Singapore's business stumbles
And Open Innovation platform Agorize raises US$14.6m in series B funding.
Chart of the Day: Retail mortgagee listings surged 39.1% in Q1
In contrast, the number of owner sale listings in Q1 2019 declined by 19%.
Singapore's urban future: The Draft Master Plan 2019 in photos
Facilities will be moved underground to free up 1,000ha for more parks and homes.
UBS' proposed relocation to 9 Penang to boost Suntec REIT: analyst
The development yield is said to be higher than the sub and mid 3% yields for stabilised office assets in Singapore.
Chart of the Day: Condo listings under mortgagee sales grew 26.7% in Q1
Private condo listings under mortgagee sales grew due to higher mortgage payments arising from growing interest rates.
Auction sales crashed 42.1% to $11.57m in Q1
It is attributed to buyers adopting a ‘wait-and-see’ attitude, waiting for upcoming new launches.
Frasers Logistics & Industrial Trust sells Australian property for $16.64m
The property is an older, non-core manufacturing-suited facility with an imminent lease expiry.
CapitaLand's China retail unit to sell CapitaMall Wuhu after shutdown
The mall has been closed since Q3 2018 following the exit of its anchor tenant.
ARA Asset Management buys mixed-use building in Australia's CBD
It plans to redevelop the 140,000 sqft property into a Grade A office tower.
Industrial sites in Jalan Papan and Gambas Way up for tender
Jalan Palan has a site area of 1.24ha whilst the Gambas Way site has 1.20ha.
URA Draft Master Plan to boost mixed-use properties in CBD
One of the plan’s main thrusts includes injecting more homes into the CBD.
URA eyes more homes for Singapore Downtown in 2019
Its Draft Master Plan 2019 includes turning Anson Road, Cecil Street, and Tanjong Pagar into urban neighbourhoods.
Golden Mile Complex attempts second en bloc sale at $800m
Its land area of approximately 1.3 hectares and is zoned for commercial use.
Luxury co-working spaces on the rise in Singapore
The Work Project launched MARK, its brand new members-only business club, whilst The Great Room has just signed on a 15,000 sqft space at Raffles...
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