Commercial Property

​​SG sees highest-ever shophouse transaction value in 2021 at $1.9b

This exceeds 2019 and 2020’s combined transaction values.

ESR-REIT makes 5.3% higher offer for ARA LOGOS

The increase represented increased considerations of 2.1% in cash and 5.8% in shares.

Yanlord pre-sales reach $852.5m in second batch of Shanghai launches

It achieved a 100% sellout in its apartment launches at Yanlord Arcadia.

S-REITS well-positioned to weather interest rate hikes: RHB

This after S-REITs delivered a modest 6% in total returns in 2021. 

CapitaLand Development divests Vietnam-based Capital Place for $751m

It will redeploy the proceeds from this divestment into higher-yielding assets.

SG office rents up as workplace revolution persists

Prime office rents rose 1.5% QoQ in the fourth quarter of 2021.

CLI opens 79 Robinson Road in Tanjong Pagar CBD

It has EV parking slots, a cooling energy redirection system, and more sustainable features.

8 of 10 SG businesses see real estate as critical for sustainability goals

80% of Singapore’s 60.7m sq. ft. of office space has been certified green.

Neil Road Shophouse goes on sale for $16.2m

JLL will serve as the exclusive marketing agent of the property.

Condo rents pick up 1.1% MoM in December 2021

HDB rents also climbed 1.4% MoM, according to 99.co and SRX.

Keppel DC REIT completes London Data Centre acquisition

It is the second data centre in the Greater London urban area.

CBD Grade A office demand up more than 8x in 2021

This is according to Cushman & Wakefield’s latest Market Beat research report.

ESR-REIT divests 28 Senoko Drive for $12m

The proceeds will go to repayments, asset enhancements, acquisitions, buy-backs.

SPH REIT malls remain healthy at 98.8% occupancy rate

The Australia portfolio performed better than that of Singapore.