Commercial Property

Which district has the highest shophouse sales in 3Q23?

The top district accounted for 19 of the 38 shophouses sold during the quarter.

Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23

Given the decline, the REIT proposed a 14.0% YoY lower DPU.

JTC  opens 2 new A*STAR facilities in Jurong Innovation District

The research institutes are situated at CleanTech Park’s CT2B and CT3.

Marina Bay Sands adjusted property EBITDA up 30.1% to $491m in Q3

This is on the back of the recovery in travel and tourism spending.

3 factors why Singaporeans are drawn to UK properties

A global tourism adviser named London as the world’s best city, making it more attractive to buyers worldwide.

Manulife US REIT renews lease with 4th largest tenant

Kilpatrick Townsend extended its lease at 1110 Peachtree, Atlanta, to 2030.

Data centre S-REITs take the spotlight as investors ride AI wave

There are two REITs with substantial data centre assets in Singapore.

Net effective costs for prime occupiers in Singapore hit US$144.25 

Singapore has the 7th highest net effective cost in the world.

Frasers Property Singapore named as regional sector leader in ESG

Frasers Property Industrial was also recognised for its Australia-based assets.

5 ground-level commercial units at The Hillford up for sale

The price of individual units starts from $1.2m.

Ascott’s The Crest Collection debuts in Asia at 3 destination cities

The Crest Collection has over 1,500 units that are operating and in the pipeline.

Parkway Life REIT acquires two nursing homes in Osaka for $16.4m

The REIT will acquire the property at approximately 11.9% below valuation.

URA puts up Orchard Boulevard site for sale under GLS programme

The site is residential with a 1st storey commercial and has a 99-year lease period.