Commercial Property

L.C. Development keen on investing in Knight Frank Singapore

The company to purchase 80% share of Cheong Hock Chye & Co, which owns a 55% stake in Knight Frank Singapore.

L.C. Development keen on investing in Knight Frank Singapore

The company to purchase 80% share of Cheong Hock Chye & Co, which owns a 55% stake in Knight Frank Singapore.

Keppel Land’s office rental growth down to 0% in FY12

Phillip Capital lowered its assumptions on office rental growth amid the deteriorating global economic outlook and intensified debt concerns.

Prime retail rents rise 0.5% to $40.20 psf in Q311

Demand for first-storey prime space remains strong due to limited supply as the next retail project will only be completed in Q4 2012.

Office rent growth hits record low in 3Q 2011

Grade A office rents crept up a mere 2% to S$9.08 psf/month, the lowest quarterly growth since 2Q 2010.

Are troubles ahead for Capitacommercial Trust?

CIMB says CCT has been the worst performing S-REIT so far, underperforming the STI by 15%.

Fraser Centrepoint Trust completes acquisition of Bedok Point

The company used the S$64.3mn proceeds of Private Placement to fund the purchase.

Ascendas REIT has no major refinancing needs till 2013, says analyst

OCBC estimates almost S$1b of additional debt headroom for A-REIT.

Atrix at Aljunied almost sold out in two weeks

Only three of its 59 units are left unsold-to-date since it previewed last Sept 7.

Regus to boost investment in Singapore

To meet soaring demand for flexible workspace, the company will top 2,000 business centres by 2014 as it announces new centre in Asia Square.

Wear your hard hats: Developers tread with increased caution

This is amidst potential knock-on impact on the office rental market.

Far East Organization’s land bid yesterday points to declining office prices

Their bid, the highest among only three participants, was S$312m for the Robinson Rd/Cecil St land parcel.

Office rentals forecast to drop at least 5%

This as 3m sq ft of office supply will come against an estimated 1.5m sq ft of net absorption in FY13.

Fitch affirms Mapletree Industrial Trust’s BBB+ rating

Recent acquisition of flatted factories from JTC Corporation beneficial to the company’s rating.

Shopping galore: Frasers Centrepoint Trust’s game changer may be Causeway Point

CIMB sees upside for rents (S$12.20 psf) and ROI to beat management’s expectations for the refurbishment.

Roxy Pacific Holdings safe from liquidity crisis, says analyst

About 56% of its debt is secured on sold-out projects and the remaining on land sites, so don’t fret.

CapitaLand dissolves Hong Kong subsidiary

The dormant wholly-owned subsidiary had previously been placed under members’ voluntary liquidation.

Woodlands Avenue 12 (Parcel 3) site awarded to OKH Development Pte Ltd

The developer was the tender's highest bidder with its $71.84m offer.