Commercial Property
Six shophouses in Boat Quay and New Bridge Road up for sale
The properties have a total value of $160m.
Six shophouses in Boat Quay and New Bridge Road up for sale
The properties have a total value of $160m.
Mall rents in Orchard Road edged up 0.6% to $35.3 psf monthly
This increase boosted island-wide rents.
ParkwayLife REIT prices 0.57% fixed rate notes for $59.8m
The notes are due 2023.
Chart of the Day: Strata-titled industrial transactions dropped in Q3
The total number of factory caveats dropped from 197 last year to 184 in 2017.
Industrial rents edged up 0.5% in Q3
Clusters in Bukit Merah are amongst those with the highest surge.
Average number of public land bids almost double to 14 in 2017
Average price also grew 42% to $925 psf ppr within 2014 to 2017.
Oxley in talks for Chevron House acquisition
No agreement has been signed on yet, but diligence reviews are taking place.
SingPost buys remaining 25% interest in The Store House Operating Company Limited
The shares were priced $0.22m.
Hospitality REITs are the worst performers in Q3
The subsectors' distribution per unit fell 10.8%.
APAC prime office rentals up 0.8% in Q3
Robust office leasing demand kept rents at elevated levels.
This property sector will see the strongest recovery in rents in 2018
CBD rents rose to $9.1 psf/month for the first time in 10 quarters, but pricing worries remain.
Chart of the Day: Data centres lead S-REITs' NPI growth
Their net property income grew 42.1% in Q3.
Asia Pacific absorption rate rises 20% in 2017
Thanks to strong leasing activity in China, Manila and Bengalaru.
CapitaLand buys Guangzhou shopping mall owner for $688.9m
It will jointly acquire the firm with CapitaLand Retail China Trust.
HDB to transfer industrial assets to JTC on January 2018
JTC will also launch a customer service centre in Jurong East.
Keppel DC REIT bags 5.25-year loan facility for $73.72m
Facilities to be affected are worth $789.8m.
JTC launches four industrial sites
Two are in the Confirmed List, whilst the two others are on the Reserve List.
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