Commercial Property

CLI sees improved revenue in Q1

Its real estate investment business saw an 11% YoY increase.

CLI sees improved revenue in Q1

Its real estate investment business saw an 11% YoY increase.

MUST’s portfolio occupancy falls to 86.1% in Q1

The REIT attributed the decline to Carter’s downsizing at Phipps.

FLCT's Robert Wallace extends service until 1 August

Wallace resigned as CEO of FLCT’s manager in February.

SG retains lead in Asian outbound real estate investment 

The Lion City’s investment reached US$28.284b.

Hospitality, retail, and office REITs benefit from reopening

However, there is a limited new supply for logistics, office and retail segments.

Chart of the Day: Top markets with high vacancy rates for Grade A office in Q1

There were two micro-markets that posted highest quarterly growth in vacancy.

Lendlease REIT portfolio occupancy stays up at 99.8% in 3Q FY23

The Manager recorded a 99.5% retail occupancy rate on 31 March.

Net take-up for CBD Grade A office space down 471,000 sq ft in Q1

Its vacancy also increased 7.4% amidst rising economic challenges.

CBD Grade A office spaces vacancy rises to 7.4% in Q1

This is the second consecutive quarter that the vacancy rate increased.

Yanlord Land contracted pre-sales doubles to S$810m in April

The city of Suzhou contributed the highest with S$407m.

OUE Commercial REIT’s NPI up 18% YoY in Q1

Its revenue also grew due to Hilton Singapore Orchard's contributions.

AA REIT posts 5.1% YoY growth for DPU in FY 2023

The distribution per unit (DPU) grew to 9.944 cents.

CICT’s downtown malls to benefit from return-from-office workers

The recovery of China’s economy will also woo visitors in the malls.