Commercial Property
Frasers Property profits for FY 2018 up 10.1% to $759m
Revenue from its Singapore strategic business unit climbed 58% to $1.36b.
Frasers Property profits for FY 2018 up 10.1% to $759m
Revenue from its Singapore strategic business unit climbed 58% to $1.36b.
Two Pagoda Street F&B shophouses up for sale at $32.8m
Their tenants are Dim Sum Inc and Wah! Kung Fu.
Chart of the Day: CBD Grade A office rents inched up 4.3% in Q3
Rents may be hit should stock market blues continue as it will result to reduced demand from finance sector occupiers.
Seven-storey commercial building in South Bridge Road up for sale at $23.5m
Merchants Building has a 6,927 sqft gross floor area (GFA).
Serangoon Garden shophouse up for sale at $25m
It has a land area of 2,122 sqft.
Chart of the Day: Office and mixed-used property sales crashed 28.3% to $3.83b in Q3
Average deal sizes were lower compared to Asia Square Tower 2 sold in Q3 2017.
Chart of the Day: Average office market rents rose 0.9% to $9.05 in Q3
The sector is beaming with positivity amidst moderate pipeline supply.
Office sector weathers slumping stock markets better than Hong Kong
Rents can climb further to an estimated 8% in 2019.
Frasers Logistics & Industrial Trust NPI ballooned 52.6% to $49.31m in Q4
It leased two properties and sold another two in Australia.
Daily Briefing: LTA mulls penalising ofo for excessive bicycle fleet; Real estate firm Hiap Hoe buys Australia properties for $99.16m
And Four Seasons Hotel completes revamp.
Top five REITs total returns averaged 5.7% in October
Ascendas India Trust saw the biggest return of 6.9%.
Chart of the Day: High-tech industrial rental growth set to outpace logistics
E-commerce is steadily driving leasing activity.
Century Warehouse in Pasir Panjang up for sale at $57m
It has 35 strata units and a total strata area of 56,539 sq ft.
Chart of the Day: Prime retail rents in Singapore may see muted growth until 2022
They could be hit by high occupancy costs and diminished tourist spending.
Check out Reed Smith's sleek hub at Ocean Financial Centre
With expansive meeting rooms and breakout spaces, the office can host up to 100 guests.
Chart of the Day: Singapore lags behind Guangzhou in Grade A office rental growth
Both markets' growths were backed by limited availability paired with relatively healthy demand.
Daily Briefing: 9 in 10 Singapore CFOs think they hired the wrong person; More Singaporean tourists lured by Australia's Northern Territory
And five Geylang Road shophouses up for sale at $28m.
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