Commercial Property
Hongkong Land’s Q1 2025 underlying profit ‘in line’ YoY
The group’s net debt reduced to US$4.9b.
Shophouse at MacPherson Road launched for sale at $7.8m
This is roughly $1,625 per square foot based on gross floor area.
Joo Chiat Place shophouse up for sale for $8.5m
The sale will be conducted via an Expression of Interest exercise.
FCT eyes more debt financing to fund Northpoint City acquisition
The acquisition may be financed either with or without the issuance of perpetual securities.
Lendlease sells UK assets in $250m JV with The Crown Estate
This include land holdings and land management agreements in London and Birmingham.
HPL ‘not aware’ of any undisclosed information behind share price movements
It confirms compliance with listing rules.
Garcha Group sells Duxton Reserve Singapore to Lotus One Investment for $80m
Despite the ownership change, the group will stay on to manage the hotel during the transition period.
LHN net profit up by 8.8% YoY in H1 2025
Revenue grew by 29.4% YoY to $70.6m
MTI sells three properties to Brookfield for $535.3m
Proceeds from the sale will first be used to repay debt.
Singapore records $5.8b in real estate deals for Q1
Whilst this marks an 11.6% decline QoQ from $6.5b in Q4 2024, the figure represents a 38.4% YoY increase.
Office rents rise 0.3% as CBD demand holds firm
Office rents edged up 0.3% QoQ, ending two consecutive quarters of decline.
Warehouse rents edge up as industrial market steadies: report
Industrial property prices increased by 1.5% QoQ, supported by a 1.9% rise in multiple-user factory prices.
CBRE opens Marina Bay office to expand CBD operations
The move forms part of its broader growth and workplace strategy.
Freehold commercial building at 562 Serangoon Road on sale via EOI
The EOI will close on 9 July.
Centurion’s revenue climbs 13% YoY in Q1
It was driven by healthy financial occupancies and positive rental revisions.
Mapletree Logistics Trust completes divestment of 1 Genting Lane warehouse
The property was announced for sale on 16 December 2024.
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