Commercial Property
Hammering away: Construction sector grows by 1.5%
Hammering away: Construction sector grows by 1.5%
Thanks to increases in public sector construction activities.
Decent dividend: Industrial REITS offer highest yield for investors
And Cache Logistics Trust offers one of the highest yields at 8.5% in FY11.
Grade A office rents up 1.5% to $10.15 per sq ft per month
Rents at OUE Bayfront and Ocean Financial Centre have edged up more than 5.0% since their TOP in 1Q11.
Singapore is the third most expensive office location in Asia Pac
A title it holds for eight quarters in a row now as office rents rose by 6.2% to $8.90 per sq ft per month in 2Q11.
Office rental rates to continue rising but less likely to hit pre-crisis levels
Strong positive rental reversion to only come in 2013, says DMG Research.
CapitaLand's profit up 17% to S$399m
This second quarter figure brings the Group’s profit for the first six months to half a billion Singapore dollars.
OUE’s profit up 20.3% to S$20.1m
Revenue growth of 39.8%, boosted by contributions from its hospitality business and its commercial properties, DBS Building Towers One and Two and...
Report: Singapore is top office destination in Asia
Pacific Star Group rated Singapore as top destination for office property investment in Asia.
Swaying like bamboo: Pliant property markets to regain confidence
Research shows global real estate markets have continued on a resilient recovery path during the second quarter despite economic uncertainties.
Radiant real estate: 70% of investors to expand property portfolio
And 68% expect higher market returns over the next 12 months.
Singtel takes 3-year lease at JCube for $1.4m
And Temasek will also take up additional office space at The Atrium@Orchard, according to CapitaMall Trust.
CapitaLand appoints Arthur Lang Tao Yih as chief financial officer
Mr Lang will also be concurrently appointed as a member of the Investment Committee and the Finance and Budget Committee.
Building boom: Lian Beng Group’s profit hits a record $48.2m in FY11
Its earnings for Q4 alone was up 73.8% yoy to $11.6m.
Frasers Centrepoint Trust to acquire Bedok Point for $127m
FCT’s portfolio is now expected to grow to S$1.66 billion from S$1.53 billion.
Temasek unit buys mall in Hong Kong for $2.4b
Sale of Festival Walk shopping center is the biggest property transaction ever for Swire Pacific.
City Developments acquires S$167m prime land in China
CityDev plans to build a 750-unit high-end residential block, accompanied by an office tower, a retail mall and a luxury hotel.
Office rents continue to surge across Asia Pac
And you'll never guess which Asian cities are leading the rent increase.