Commercial Property
FLCT revenue climbs to $216m in first half
FLCT revenue climbs to $216m in first half
Increases in its financials were attributed to positive rent adjustments.
HDB coffee shop for sale for $11m
The expression of interest will close on 29 May at 3 p.m.
LHN Limited Warns of a profit dip in 1H24
It expects a $14.5m profit for the period.
Guan Peng Hardware wins bid for Jalan Papan Plot 8 site
The winning bid was $5.46m.
CLINT acquires 2.5 million square feet of IT buildings in India
It will acquire the buildings from Phoenix Group.
Singapore’s outbound real estate investments in APAC dip in Q1: JLL
Cautious sentiment and pricing uncertainties dampen cross-border activity.
JTC launches Penjuru Lane tender
It has a site area of 0.34 hectares.
Office landlords dangle perks to attract tenants
Vacancy level could rise to 4.8% this year.
Mortgagee listings fall 29% QoQ to 22 in 1Q24
The residential sector accounted for the majority of the listings
Portfolio of commercial strata assets at Tai Thong Crescent up for sale
The portfolio has a guide price of $40.77m.
Il-lumina sale boosts IREIT Global's portfolio to 91.5% occupancy
Occupancy in 4Q23 was 90.4%.
Starhill Global REIT's NPI dips 0.9% YoY amidst currency challenges
NPI for the period was $37.7m.
Auction listings drop 9.1% QoQ in 1Q24
There were 90 listings in the first quarter of 2024.
Singapore prime office values hold steady in Q1
Small deals to dominate the first half.
Cromwell European REIT offloads Finnish and Italian assets for $10.5m
The assets were sold for $7.9m and $2.63m, respectively.
Industrial space rentals climb 1.7% QoQ in 1Q24
Year-on-year, it rose 7.8%.
Office space stock drops 41,000 sqm in 1Q24
The stock contraction resulted in a drop in the island-wide vacancy rate.