Commercial Property
Prime retail rents to rise between 2%-4% in 2022
The expected growth is on the back of easing of restrictions.
Prime retail rents to rise between 2%-4% in 2022
The expected growth is on the back of easing of restrictions.
Prime office rents up 1.2% QoQ in Q1: Knight Frank
Occupancy levels in Raffles Place and Marina Bay rose by 2.3%.
Business park market logs net absorption of 186,982 sq ft in Q1 2022: CBRE
This is a reversal from the negative take-up in the last quarter.
Office market sees net absorption of 307,282 sq ft in Q1
This marks the third consecutive quarter of positive net demand for the market.
Why Singaporean investors have their sights on the Austrailian property market
Houses and apartments recorded an average 6.8% and 21.9% year-on-year capital growth, respectively.
Commercial building with car park along Joo Chiat Road on sale for $50m
The sale ends on 12 May at 3 p.m.
CBD Premium, Grade A office rents up by 1.5% QoQ in Q1 2022: Colliers
Rents went up to $10.26 per square foot.
Leasing activity in industrial market up 4.9% YoY in Q1 2022: Knight Frank
Strata industrial space remained popular among businesses.
Property investment volume drops 17.5% QoQ in Q1: C&W
On a yearly basis, investment volume increased by almost 40%.
Beblu strikes balance between traditional and high tech with Lebond workspace
The building’s classical exterior remains whilst its interior can be controlled using an app.
CapitaLand Investment to issue notes valued at $400m under Euro programme
The fixed rate senior notes are due in 2027 with 3.33% interest per annum.
JTC launches tender for site at Tampines North Drive
The land parcel had a committed bid price of over $7m.
Prime logistics properties up by 3% in Q1 2022
Except for outlying business park space, steady rental increases were seen.
CBD Grade A office rents climb 2.1% QoQ in Q122
By yearend, analysts expect rents to trend higher to about 5%.
National Aerated Water Building is on the market for $18.9m
Foreigners are eligible to purchase the building.
Lendlease REIT’s 2022 perpetual securities market priced at $200m
This was on the back of strong demand from investors.
Cromwell European REIT prices 1.3m new units at $3.34 each
The issuance of new units is pursuant to the REIT’s distribution reinvestment plan.
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