Commercial Property

Office markets see ‘positive signs’ amidst precarious COVID-19 situation

These signs include the prevailing tight vacancy in the Grade A market. 

AA REIT net property income up 19.4% to $47.8m

Distribution to shareholders also saw an increase by 18.9% to reach $33.6m.

CLCT enters into China logistics with acquisitions worth $350.7m

Four prime logistics properties are expected to be acquired. 

Retail property investment sales jump five-fold to $0.6b in Q3

The surge was bolstered by two mega deals worth over $100m a piece.

House of Tan Yeok Nee up for grabs at $92m

Savills Singapore will serve as the exclusive marketing agent. 

CDL settles HCP Chongqing Property loan for $288.59m

This is under the HCP HK Corporate Guarantee.

CLI now one of world's largest listed real estate firm with $119b AUM

Formerly, this company was known as CapitaLand prior to restructuring efforts. 

Lendlease builds large-scale vaccine facility

The project aims to boost Singapore's biopharmaceutical sector.

SG office market expects continued rental recovery: analyst

Thanks to its overall improved performance in Q3 2021.

SPH REIT posts negative rental reversion of 8.4%

This is due to weak retail leasing sentiment.

Yanlord Group pre-sales down 47.1% YoY in September

A decrease in the contracted GFA of 35.3% was recorded, as well.

Ascott to open 17 lyf properties by 2025

The new properties will expand the lyf portfolio to 3,000 units worldwide.

Singapore’s property investment deals rise 38.7% in Q3

The bulk of investment volume is driven by the sale of four GSL sites.

Office investment volumes crash 59.7% in Q3

But office investment sales are expected to improve in the next quarter.

ST Engineering strikes largest acquisition with TransCore deal

The deal is expected to be completed in Q1 of 2022.

SPH REIT net property income up 11.4% YoY

Its distribution per unit is up 98% YoY to 5.40 cents for FY2021.