Commercial Property
No one's buying new: Zero units sold at new Sentosa properties
No one's buying new: Zero units sold at new Sentosa properties
Ho Bee takes a beating as its 1Q12 revenue dives 51% due to unsold units at its newly completed and existing residential projects.
United Industrial names Yang Soo Suan as Director
Yang was had been a Director of RSP Architects Planners & Engineers (Pte) Ltd .
Office space rentals dip but prices stay level
1Q12 saw office space rentals dive 0.5% while average prices kept the same, but what else is in store for this property sector?
Mapletree Industrial Trust portfolio proves resilient: DBS
Its diversified industrial properties have been posting healthy reversions, occupancies and retention rates.
2 Tuan Sing Holdings' Directors retire
Kaka Singh and Patrick Yeoh Khwai Hoh both retired last 20 April 2012.
Suntec's profit up by 5% to S$49m
High occupancy rates and additional income from Suntec Singapore drove revenue up.
Was FCOT's sale of Keypoint a good idea?
Frasers Commercial Trust will lock in a S$75 million gain but was divesting the well-performing property its best move?
Tuan Sing Holdings' Executive Director retires
Chiu Man Sing was in charge to oversee the Property division.
KeyPoint divestment rewards FCOT with financial flexibility
Net proceeds from the sales, estimated at S$357.8m, could be used to strengthen the company's asset portfolio.
Frasers Centrepoint Trust profit up by 30.4% to S$26.2m
Distributable income also increased by 30.6% to S$21.3m.
Government land will dominate 2Q12 investment sales
Private sector transactions should take a backseat until 3Q12 when macroeconomic concerns are less pronounced.
AIMS AMP Capital Industrial REIT appoints Andrew Bird as Director
Mr. Bird has worked for the company for 12 years.
CapitaCommercial's distributable income up 3.4%
Lower occupancy rate and signing office rents however drags on year-on-year gross revenue.
Industrial site at Kaki Bukit Road 5 up for sale by public tender
It’s the 3rd out of 16 industrial sites to be to be sold by the government in the first half of 2012.
Chart of the Day: Prime factory and warehouse rents peaking?
The average monthly gross rents of prime factories and warehouses rose 0.5% to 0.8%.
China property prices down in six months
Prices fell consecutively on a month-on-month basis, and declining price trend is expected to persist through end 2Q12.
CapitaMall Trust yields S$76.6m distributable income
Atrium@Orchard's enhancement works are also paying off with occupancy improved to 96%.
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