Commercial Property
Can Keppel's Saigon project repeat Sino-Singapore Tianjin Eco-City's success?
Saigon Sports City could enjoy faster turnaround time and a greater focus on smart precincts, an analyst said.
Can Keppel's Saigon project repeat Sino-Singapore Tianjin Eco-City's success?
Saigon Sports City could enjoy faster turnaround time and a greater focus on smart precincts, an analyst said.
Ascendas India Trust buys 2 buildings in Hyderabad for $270m
One building will be completed by 2019 whilst the other is already 98% leased to Amazon.
Chart of the Day: CBD office supply to fall to 700,000 sqft between 2018-2020
This is expected to boost occupancy amidst a strong economic outlook.
Singapore's real estate investment in Australia ballooned 141% to US$3.5b
Singaporean investors are attracted to the country's proximity, lease structures, and market transparency that investments quadrupled in the last 7...
Capitaland to pay $569.6m for major stake in Frankfurt property
Analysts weigh in on the effects of the company's exposure in the German market.
Chart of the Day: More tenants pre-commit to rent office buildings
Marina One enjoyed the largest pre-committed space of 1.3 million sqft, equivalent to 70% of the property.
Big Box in Jurong East Regional Centre put up for sale
It has a gross floor area of 1,400,000 sqft, making it one of the largest ramp-up warehouses up for sale in recent years.
CapitaLand Commercial Trust marks European debut with planned acquisition of Frankfurt property
It is set to buy ‘Gallileo’ for $569.6m by June.
Singapore investors ramp up cross-border commercial real estate activity in Q1
Trade volumes in the Singapore to Australia routes ballooned 141% to $3.5b.
GIC, Frasers Property, and JustCo invest $237.89m to develop co-working spaces
The investment will help JustCo expand into eight other Asian countries.
Singapore's ultra wealthy lured to shophouses despite lower yields
Rental yields for some shophouses have compressed over the years and average 2.5-2.7% now.
Commercial site Goldhill Shopping Centre up for en bloc sale at $425m
It has 3 blocks of walk-up commercial units with those in the ground floor used as retail shops.
OUE Q1 profits crashed 90.7% to $1.03m
It blamed a non-cash fair value loss on its investment in a mutual fund.
CityDev Q1 profits down 16.3% to $80.03m
Its sales, however, jumped 66% to 459 units with a total sales value of $792.6m.
UOL Q1 profits dipped 8% to $73.82m
Property development revenue fell 7% due to the completion of Riverbank@Fernvale in March 2017.
OUE C-REIT net property income up 1.8% to $35.28m in Q1
It was able to cut maintenance expenses and utilities cost.
Lethargic bidding dented industrial investment sales by 30% in Q1
But REITs are gaining traction for selling their non-core assets in order to regain capital.