Commercial Property

City fringe business park rents surge by 2.5% in H1 2021

Vacancy rates slowed down to 7.8% in Q2 compared to 9.9% in Q1.

Chart of the Day: Singapore REITs' average occupancy rates dip to 95%

In particular, retail and office S-REITs saw the largest drops in occupancy rates.

CapitaLand exits Japan retail sector, invests in new logistics facility

The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.

Real estate investment sales volume surges to $9.17b in H1 2021    

This comes at the back of an active real estate investment sales scene in Singapore.

Yanlord teams up with Ho Bee to develop residential site in Tianjin

Yanlord acquired the property for approximately CN¥1.5b through a public land auction.

SGX-listed Prime US Reit raises US$80m in private placements

The issue price of US$0.81 was subscribed more than two times.

CapitaLand to launch first RMB fund in Q4

The company has obtained a private equity fund manager status in China.

Chart of the Day: Singapore real estate investment volumes jump in Q1 2021

Office transactions have picked up to $971.81m or 24.2% of total investment sales.

What hybrid workspaces could look like?

Firms are now rethinking their office setups as hybrid work will likely stay even after the pandemic.

Cromwell E-Reit sells off France asset at €5.8m

The sale is 53% higher than the IPO purchase price.

CapitaLand subsidiaries to develop $146.2m property in the US

The property is a 678-bed student accommodation in South Carolina.

Suntec REIT sells 30% interest in 9 Penang Road property

The aggregate consideration of the Sale Shares amounted to $89.9m.

CapitaLand reveals $50m innovation fund to ramp up sustainability drive

The fund was announced at the inaugural CapitaLand Sustainability X Challenge.

Suntec to issue $150m perps at 4.25% fixed rate

The perpetual securities are a part of Suntec REIT’s US$2b Euro Medium Term Securities Programme.

Cromwell European Reit procures $16.4m Czech asset

The acquisition will increase CEREIT's exposure to logistics.

Lendlease Global Commercial REIT boosts stake in Jem by 31.8% 

Lendlease plans to acquire a $159.1m stake in Lendlease Jem Partners Fund Limited.