Commercial Property
Frasers Property Q2 profits up 74.5% to $124.25m
Its revenue was boosted by sales in China and Australia and contributions from UK business parks.
Frasers Property Q2 profits up 74.5% to $124.25m
Its revenue was boosted by sales in China and Australia and contributions from UK business parks.
JTC launches sale of Reserve List site at Braddell Road
A bidder committed a price of $18.3m.
CapitaLand codeveloped first kindergarten in Vietnam
The kindergarten provided education for 350 students aged five and below.
Perennial Real Estate Holdings Q1 profit crashed 86.7% to $5.14m
Its earnings were hit by the partial divestment of TripleOne Somerset.
Chart of the Day: Commercial investment sales crashed 86% to $437.4m
The sale of Capitol Singapore was the lone major transaction in the quarter.
Prime commercial shophouse in New Bridge Road up for sale at $6m
The property is approved for F&B use up to 2019.
Keppel sells Shenyang City township project for $105m
It sold its interests in Keppel Bay Property Development Shenyang, which owns the project.
CBD rent hikes could lure tenants to fringe areas
Tenants are resisting rent hikes in the CBD, which rose 1.3% QoQ.
Shophouse sales soared 281% to $478.6m in Q1
The strong demand came from local and foreign high net worth individuals.
Property investment sales surged 89% as market beats trade worries
The residential en bloc momentum continued to bolster sales to $11b.
Keppel DC Reit to buy Kingsland Data Centre for $295.1m
The acquisition aims to cater to multinational demand for data centre space.
Singapore's top office REITs NPI down 3.4% to $48.5m in 2017
Average gross revenue also edged down 2% to $65m.
Office rentals dipped 0.6% in Q1
Gross rent for prime office spaces grew 1.3%, causing slower leasing activity.
Co-working firm Impact Hub Singapore rebranded as Found.
It will open its third space on Amoy Street in the CBD this year.
UOB partners with coworking operators to offer 20% rental discount to startups and SMEs
The discounts will cover 33 coworking spaces owned by five Southeast Asian firms.
CapitaLand Q1 profits slipped 18.8% to $319.09m
It blamed the absence of the gain from the sale of The Nassim.
SPH REIT buys The Rail Mall for $63.24m
It will use the property to improve its food and beverage offerings.
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