Commercial Property

China Merchants Holdings Pacific appoints two deputy general managers

Zhang Yang is currently Deputy General Manager while Liu Xianfu is CFO of China Merchants Huajian Highway Investment.

Prices of office space in Singapore surged 2.1%

Island-wide vacancy rate tumbled to 9.2%.

CapitaMalls Asia's profits jumped 9.6% to S$73.2m

Driven mainly by Star Vista and Japan malls.

Cache Logistics Trust's DPU climbed 4%

But bosses worry over stiff warehouse rental in Singapore.

Luxury home rents slipped by 0.7%

Rents are at $5.45 per sq ft per month.

Suntec REIT's DPU to dip 5%

No thanks to ongoing renovation works at SCM.