Commercial Property
ESR-Reit divests two "non-core" assets for $53m
ESR-Reit divests two "non-core" assets for $53m
ESR-Reit divests of an industrial building and a warehouse for additional funds.
LHN Limited acquires Geylang Road property for $13.5m
The real estate management firm bought it under an Option to Purchase agreement.
Starhill Global REIT net property income hops 0.6% in its Q3
The investment trust said its income was stable amidst uncertainties caused by the pandemic.
Colliers strengthens team with key appointments in Singapore
Promotions and appointments were also made in Hong Kong, Korea and Japan.
CICT net property income up 66.6% to $247m
CapitaLand Integrated Commercial Trust is optimistic about the gradual easing of safe management measures.
Ascendas REIT posts 86.9% portfolio occupancy in Q1
The QoQ decline was largely due to non-renewals at the TÜV SÜD PSB Building.
Elite Commercial REIT revenue surges in Q1, due to 100% occupancy
Revenue was further boosted by the acquisition of 58 commercial properties in the UK.
Industrial property prices rose 0.9% QoQ in Q1, 2021
However, prices are still 1.3% down on a year-by-year basis.
Ascendas India Trust posts 5% net income increase amidst COVID-19 resurgence
The SGX mainboard-listed company saw lower total property income offset by lower property expenses.
Rents decline slows amidst retail recovery
Retail rents are expected to stabilize, after a predicted decline of 5%.
Blackstone to acquire The Sandcrawler business park for $176m
The Sandcrawler houses global corporations in technology and media sectors.
Far East Hospitality launches partnership with Indonesia's ARTOTEL group
The partnership is part of the Far East Hospitality regional expansion.
Analysts project 75% of workers will be back in office in full-time next year
Demand for office space will continue to be high until at least 2022.
Colliers names Tridiana Ong as new executive director of tenant representation
Ong has over 14 years of commercial real estate experience.
Sinarmas Land sells London property for $131.8m
The freehold property provides 44,116 square feet of office space in the UK capital.
Commercial volumes grow 43.8% YoY in Q1 as investor confidence returns
Property investment levels are expected to recover to pre-COVID levels in the coming quarters.
RSP sees greener ways of unlocking new value for development
Not only does it rejuvenate the development, it also preserves the memories people have of the place.
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