Commercial Property
Average Grade A CBD office rents hit a decade high at $10.63 psf in Q1 2019
Rents in the Marina Bay submarket led the increase.
Average Grade A CBD office rents hit a decade high at $10.63 psf in Q1 2019
Rents in the Marina Bay submarket led the increase.
Metro Manila's office vacancy rates firm at 5% in 2018 despite 36% supply growth
Philippines Economic Zone Authority-accredited buildings attracted the most tenants.
Sabana REIT's Tuas Avenue property deal called off
Its buyer, Kim Soon Lee (Lim) Heavy Transport, will be given a refund of $1.12m.
Mapletree Investments reveals design for Grade A office twin towers V Plaza in Vietnam
The 27-storey office complex will offer 66,000 sqm in net lettable area.
Keppel Capital and co-investors to buy Yi Fang Tower in Shanghai for $925.99m
It is made up of two 18-storey towers and a retail podium.
Chart of the Day: Warehouse rents may jump 2% to $1.80 psf by 2021
Occupancy rates are also projected to improve to 90% over 2019 and 2020.
Supermarkets lock horns for coveted HDB retail spaces
Smaller supermarket players such as Hao Mart are facing off against giants like Sheng Siong in a race to set up shop in new Housing and Development...
Chart of the Day: Industrial sector's vacancy rates to hit 12.1% in 2020
Rentals across industrial, warehouse and business parks sectors would also start turning up from 2019 onwards.
Soilbuild REIT sells 72 Loyang Way facility for $34.08m
It blamed prolonged weakness in the offshore sector and JTC’s anchor tenant ruling amongst its reasons for selling.
PGIM Real Estate AsiaRetail Fund's assets could propel Frasers Property's retail mall position
Frasers raised its stake in the fund to 47.82% for $601.5m.
Property investment sales eased 31.4% to $3.59b in Q1
The residential sector accounted for 30.4% of sales volume.
Chart of the Day: Delay in industrial property completions in 2018 to boost supply in 2019
Supply in single-user factory spaces could jump by c.9%.
Frasers Property raises stake in PGIM Real Estate AsiaRetail Fund to 47.82% for $601.5m
Earnings are expected to grow to $511m after its acquisitions.
CapitaLand inks services agreement with Temasek's Jurong Consultants India
Jurong Consultants India will provide due diligence services for India properties as part of an acquisition. CapitaLand has entered into a services...
Frasers Property unit secures $785m green club loan
The net proceeds of the five-year term loan will be used to refinance the development of its Northpoint City South Wing mall.
SBF Centre medical suites launched for sale or lease
The average asking price for the 18 medical suites stands at approximately $4,200 psf.
Daily Briefing: Temasek in talks to sell 10% stake in A.S. Watson for $3b; Two freehold redevelopment sites in Lavender Street for sale for $47.4m and $12.6m
And private equity firm Novo Tellus to acquire 29.6% stake in Procurri for $12m.
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