Commercial Property
SingLand’s net profit sinks 38% in H1 2024
The decline was due to a significant drop in fair value gain on subsidiaries’ investment properties.
EC World REIT NPU down 7.1% in Q2
Net property income for the period was $23.8m.
Frasers Property's unrecognised revenue reaches $1.9b for 9M 2024
Its 9M unrecognised revenue is already close to FY2023 levels.
Singapore leads Asia Pacific with a 10.8% YoY rise in logistics rents
Knight Frank attributed the growth to the nation's strong manufacturing.
Industrial leasing volume down 5.3% YoY in Q2
Rents increased 0.6% QoQ to $3.96 per sq ft.
Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
Apart from lower DPU, the REIT recorded lower net property income.
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
Expert cuts shophouse sales forecast to $700m-$800m for 2024
The previous projection was $1.1b-$1.2b.
Paragon REIT revenue soars 30% in H1 2024
Revenue for the period was $147.4m.
Singapore's industrial property market could stand to benefit amidst global volatility
The JTC All Industrial rental index saw its 15th consecutive quarter of growth.
Strata industrial sales recover in Q2 2024
Thanks to the 513 transactions in the second quarter.
Greenwood Ave freehold restaurant for sale at $15.5m
The property is approved for restaurant use and is fully-leased.
Sabana REIT proposes candidates for new internal management team
The REIT spent a total of $8.92m for its internalisation process.
Hong Lai Huat Group expects net loss for H1 2024
Last year saw a slimmer loss versus 2022's.
Hatten Land files for judicial management
It has also proposed the appointment of Tan Wei Cheong and Lim Loo Khoon as joint judicial managers.
Office rental growth to slow as firms downsize and competition rises
Colliers expect full-year rental growth of 2.0%
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