Commercial Property
Here's how small coworking space operators can wrestle with global giants to survive
Seven operators control 63% of the city’s flexible market, with IWG holding 23.5% market share and WeWork and JustGroup nabbing roughly 12% each.
Here's how small coworking space operators can wrestle with global giants to survive
Seven operators control 63% of the city’s flexible market, with IWG holding 23.5% market share and WeWork and JustGroup nabbing roughly 12% each.
Frasers Commercial Trust might need to wait for revamps to pay off: analysts
It finished the revamp of Alexandra Technopark, but concerns over HP leaving the property and lack of growth remain.
Keppel Infrastructure Trust profit slides 47.4% to $8.15m in Q3
It blamed lower contribution from City Gas and lower revenue at Basslink.
Fitting out an office is cheaper in Hong Kong than Singapore
The Lion City’s average fit out costs are $100 psf versus the SAR’s $94.
Frasers Commercial Trust NPI crashed 19.2% to $21.61m in Q4
Portfolio revenue in FY18 fell 14.8% to $133.8m due to lower occupancy rates in Singapore.
Soilbuild REIT Q3 NPI fell 8.8% to $16.22m
It blamed the divestment of KTL Offshore and lower contributions from properties.
Flexible working set-ups could add $54.8b to economy by 2030
This will come in the form of higher productivity and reduced opex.
Wheelock Properties to delist from SGX
It will take effect from 9 am on 18 October.
Keppel DC REIT NPI jumped 33.4% to $43.04m in Q3
Its occupancy rate stood at 93.1%.
Keppel REIT's NPI down 10.95% to $28.2m in Q3
Total committed space hit 1.9 million sqft.
SPH profits dropped 19.7% to $281m in FY 2018
Operating revenue from the media segment slipped 9.6% to $725.4m.
GIC to buy office tower in Paris for $741m
It has a gross lettable area of 64,500 sqm.
SPH REIT's acquisition of Seletar Mall could boost firm's DPU by 5% per annum
The acquisition cost is estimated at $500m.
SPH REIT's NPI down 1.9% to $40.98m in Q4
DPU inched up 0.7% to $0.143.
En bloc sales collapsed 90.71% to $353m in Q3
Total property sales crashed 42% to $6.5b.
Mapletree Logistics Trust likely to expand footprint into new markets
Mapletree Investments just recently bought a logistics portfolio worth $1.54b in Europe and the US.
Daily Briefing: Technologists harder to keep in Singapore's tight job market; 59 shop units in Ming Arcade up for sale at $51m
And printing startup Gogoprint raises $10.67m.
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