Commercial Property
Yanlord Group profits fell 59% to $64.3m in Q1
Yanlord Group profits fell 59% to $64.3m in Q1
Gross floor area delivered to customers shrank from 83,867 sqm to 68,737 sqm.
Three-storey Club Street shophouse up for sale
The 2,885 sqft property will be sold with existing tenancy.
Oxley's profits skyrocketed 121% to $67.4m in Q3
The group’s total contract value reached $3.7b.
UOL Group's profit fell 5% to $72.4m in Q1
The firm’s expenses more than doubled to $182.3m.
OUE's Q1 profits up 0.3% to $1m
Higher contribution from US Bank Tower boosted its performance.
OUE C-REIT's NPI up 23.5% to $43.57m in Q1
Earnings were boosted by OUE Downtown Office.
Funan's office blocks secure 98% pre-leasing commitment
Tenants include the Singapore Department of Statistics, adidas and WeWork.
Chart of the day: Strata-titled retail transaction sales hit $453m in Q1
However, there was a decline in number of sales due to diminishing sales for smaller units.
Perennial Real Estate Holdings hit by $26.93m loss in Q1
The loss came as a result of higher net finance costs and the absence of a one-off gain.
Frasers Property appoints Lim Hua Tiong as Vietnam CEO
He was previously the Vietnam CEO at investment firm CFLD International.
Daily Briefing: Cross-border payments startup Thunes bags US$10m in series A funding; K Hotel in Geyang up for sale at $25m
And over 20 households in five-room and larger flats sold part of lease in Q1.
Chart of the day: Grade A CBD rents up 2.3% to $10.61 psf/mo in Q1
This broke the peak in Q1 2015 where rents hit $10.43 psf/mo.
Hong Lai Huat Group sells Cambodia property for $1.53m
The factory in Kandal Province has a built-up area of 4,698 sqm.
Daily Briefing: HDB builds 10-ha park in Bidadari estate; SGX-listed environmental firm 800 Super Holdings to go private
And Hootsuite is closing its Singapore office.
Why auctions are failing to take off even as listings rise
The aggregate value of properties sold at auctions fell 26.1% to 11.57m in Q1.
Frasers Property's H1 profit jumped 37.2% to $265.99m
Contributions from Frasers Tower and the south wing of Northpoint City boosted earnings.
ARA US Hospitality Trust prices IPO at US$0.88 per share
It is looking to raise US$498m.
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