Commercial Property
JLL and Lendlease launch proptech accelerator
Qualified startups stand to receive $20,000 grant.
APAC office prices up 1.7% in 2018
Hong Kong prime offices are the world's most expensive at US$306.57 per sqft per annum.
Chart of the Day: See how Singapore's office tenant mix changed in 13 years
Tenants from financials used to dominate with 47% market share but now comprise 21% of the pie.
Office take-up rate in Q1 alone beats 2017 record
Net take-up is at 6% so far, higher than the 2-3% rates recorded in 2017.
Singapore's pool of foreign properties is now the largest in Asia
Strong cross-border capital flows drove overall commercial real estate investment activity to rise 16% YoY to $11.5b.
Singapore's Ho Bee Land buys London Grade A office tower for $1.16b
The property, Ropemaker Place, is 21 stories high and 602,000 sqft large.
Chart of the Day: Startups embracing co-working spaces could save as much as $4,000
An average hot desk costs $489 monthly.
Park House sold for record $2,910 psf ppr
The sale exceeded the Hampton Court collective sale site which went for $2,526 psf ppr.
Keppel completes $298.9m Sunview Way property acquisition
It was bought $3.8m higher than the original price.
80% of Paya Lebar Quarter already pre-leased
Great Eastern is its latest tenant that will be leasing 125,000 sqft at Tower 3.
Singapore's co-working boom has no end in sight
There are around 110-120 operating flexible workspace centres islandwide, and leasing demand is poised to hit 550,000 square feet in 2018.
Singapore to buoy investment woes from dropped HSR project
Sector recovery and high GDP will still help property market growth, Colliers International said.
Chart of the Day: Will hospitality REITs recover in the next 2 years?
Distribution per unit is expected to grow 4%.
Daily Briefing: WeWork eyes more flex work spaces in Singapore; Singapore to benefit from buyout fever in SEA
And here's a crypto exchange that is putting everything on the blockchain.
Singapore's flexible office market jumped 17%
Average desk rates hit $558.
Ascendas-Singbridge and Temasek co-invest $400m in Indian industrial assets
They launched a programme that aims to buy 15 million sqft of space.
APAC Realty buys $72.8m Toa Payoh property as HQ
The property will have training theatres, a premium VIP lounge, and more office spaces.
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