Commercial Property
Industrial property prices fell 5.7% in Q4
Developers are holding back launches and preferring to lease out instead.
Industrial property prices fell 5.7% in Q4
Developers are holding back launches and preferring to lease out instead.
Mapletree Greater China Commercial Trust's full-year NPI up 3% to $214.29m
Revenue growth from Festival Walk, Gateway Plaza, and Sandhill Plaza boosted earnings.
Expect industrial rents to fall in 2018
Rents dipped 2.8% YoY in Q4, following a pattern of recent decline.
Keppel hit by $495m loss in Q4
Penalty costs from its bribery case pushed earnings down the drain.
Oxley Holdings Limited announces JV in Vietnam
They will focus on future land acquisitions.
Oxley unit prices its $150m bonds due 2022 at 5.7%
They will mature on 31 January 2022.
Goodluck Garden to en bloc with reserve price of $550m
It can yield up to 669 new units.
Hmlet redefines cohabitation with flexible rental leases and flatmate matchmaking
They have raised US$1.5m in a seed round led by Aurum Investments in November.
CapitaLand Commercial Trust's net property income dips 4% to $67.96m in Q4
Its divestment of One George Street, Golden Shoe Car Park, and Wilkie Edge dragged profits down.
"Shadow spaces" are growing behind bright office market
Expansion of tech and real estate firms lifted demand to 50% in 2017.
Warehouse rentals fell by 4.9% in Q3
The industrial market faced a surge in supply.
Wing Tai disposes Winner Godown Building for $365m
The net proceeds of $361,232 will be used for expansion.
Freehold ICB Shopping Centre for sale for $60m
The Yio Chu Kang Road site is both for commercial and residential use.
Keppel DC Reit's NPI increased 37.6% to $125m in 2017
Thanks to acquisitions of data centres in Berlin, Milan and Singapore.
Yanlord Land forms three subsidiaries in China
Their activities will cover property and city development, as well as fitness services.
Oxley's profit slumps 45% to $68.24m in Q2
Revenue from the handover of The Royal Wharf plots was recognised after construction.
Venture buys freehold industrial site in California for $39.63m
The property will be used for Venture's collaborations with business partners.