Commercial Property
Vacancies in Causeway Point mall hurt FCT's portfolio
Vacancies in Causeway Point mall hurt FCT's portfolio
Frasers Centrepoint Trust's portfolio occupancy dropped to 83% in 2Q11 as tenants move out to give way to refurbishments.
FREIT maintains healthy balance sheet-- thanks to hospitals
First REIT's gross revenue for 1Q11 increased 95.6% YoY to S$14.6 mln due to contributions from its new hospitals.
Clark Quay acquisition boosts CMT's revenue to S$154mln
Higher rental rates and renewed leases boost CapitaMall Trust's coffers by 10.7% YoY for 1Q11.
Singapore ranks 7th most expensive warehouse location globally in 2H10
Tokyo and London-Heathrow also maintained their top two positions, at US$22.56 psf per annum and US$20.11 psf per annum, respectively.
A-REIT’s gross revenue jumps 8.7% YoY to S$112.9 mln
The company also reported DPU of 3.01S¢ for 4QFY11.
CapitaCommercial Trust DPU down 4.7% in 1Q 2011
DPU for the period was 1.84 S-cents down from 1.93 S-cents in the same period last year.
Singapore's office occupancy cost remains about 62% more affordable than Hong Kong's
Office occupancy cost of Singapore remains at US$191.97 psf per year as of December 2010.
Singapore ranked 9th most expensive office location
Hong Kong remains the most expensive office location in the second half of 2010.
Singapore ranked 7th most popular destination for luxury retailers
Hong Kong maintained its position as the most popular destination, according to CBRE.
Railway stations to go down in history as reminders of Singapore heritage
The Singapore Government will be keeping the Tanjong Pagar Railway Station and the Bukit Timah Railway Station as national monument and conserved...
Property investment deals drop 40% in 1Q 2011
This is likely to be temporary as investment sales in Q4 2010 was the highest in 13 quarters.
Hi-tech rental growth gathers momentum:DTZ
The average rent for hi-tech properties which include business parks rose 3.1% quarter-on-quarter to $3.30 psf in Q1 2011.
HLH Holdings appoints new CEO
Dato Dr Ong Bee Huat will be the company’s chief executive for strategic planning and business development.
Private land sales market improved 94.7% in 1Q 2011
Four record prices were also achieved in the Government land sales market which shows the unwavering optimism among developers despite global...
Tiong Seng bagged $192mn contract with HDB
Its subsidiary, Tiong Seng Contractors will build 1,072 units in Punggol West, the "Waterway Terraces".
Capital values for industrial properties up by 5% q-o-q
For 60-year leasehold strata- titled factory space, capital value increased by about 5% q-o-q to $289 psf for ground floor units and $213 psf for...
CapitaMall acquires Iluma for $298.95mn
The total acquisition cost is comprised of the purchase consideration fee of $295mn and other fees worth $3.95mn.
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