Commercial Property
Mapletree Commercial Trust Management names Sharon Lim Hwee Li as COO
She was director and CEO of CapitaMalls Malaysia REIT Management.
Office rents to decline in Q4 as financial services industry outlook deteriorates
The energy industry’s prospects are bleak as well.
Perennial Real Estate Holdings mulls acquisition of AXA Tower
It will hold a 30% stake in the property.
Geylang condo values to rise only if the area sheds off red light reputation: analysts
Will Kranji soon replace it?
Centurion mulls establishing a dormitory REIT
This will just be a short-term catalyst.
First REIT’s revenue climbed 12% to $93.3m in FY14
Its DPU gained 7% to 8.05 cents.
Daily Briefing: Residential investment sales surge over 100% in Q4; Buyers snapped up 31 Marine Blue units
And controversial Forest City project approved.
High rents, strict worker levies top businesses’ woes in 2015
8 out of 10 firms are crippled by high costs.
Daily Briefing: Lend Lease delivers INSEAD's S$55m Leadership Development Centre; TDSR left its mark on home prices
And STB, Temasek plan new nature attraction in Mandai.
First GLS tender of the year garners lukewarm response from cautious developers
There were only five bidders for the site.
Daily Briefing: URA may rezone part of Geylang; Nature sites to be enhanced
And Singapore consortium to build Indian city.
URA proposes rezoning of Geylang sites
It will be given a commercial zoning.
Property investment sales dived to five-year low in Q4
Private sales plunged by $1.47b.
Surbana and Jurong International named master planners for Andhra Pradesh’s new capital city
It’s their first large-scale international collaboration.
Lian Beng 1HFY15 profit surged 105.2% to $35.5m
Thanks to a hotel development divestment.
Take a look at the five best-performing REITs of 2014
Office and retail REITs dominate the list.