Commercial Property

Asset-light strategy leads Ascott to 160,000-unit target

The company also focused on securing prime properties to double its fee revenue.

Keppel DC Reit’s DPU up 3% in Q1 23 due to data centres investment

New acquisitions of Guangdong data centres contributed to the increase.

Property investment volume falls 63.3% YoY to $4b

It is the lowest quarterly investment volume registered since Q4 2020.

ARA US acquires Hilton Colorado Springs South's Home2 Suites for $38.7m

The acquisition reflected the Managers' ongoing portfolio optimisation.

New PDD to push sustainability, business opportunities

The new district would be crucial for Singapore and its commercial and business park sectors.

Office rents dip 1.0% in Q1

Gross effective rents now stand at $11.30 psf pm NLA.

Phaidon proves ‘office environment’s not dead’ with bigger workspace

The expanded Singapore office is seen as Phaidon International’s ‘jewel of the crown’

Demand for logistics and warehouse space healthy in Q1 23

Rents grew 2.6% quarter-on-quarter in the first quarter of 2023.

Chart of the Day: OCR is the most active region in March developers' sales

Projects in the CCR dominated the top 10 bestselling projects.