commercial property

Hybrid work and green movement drive Singapore office market

Hybrid work and green movement drive Singapore office market

Savills Research asserted that whilst vacancy rates are rising, office rents remain resilient amidst evolving business landscape.

Mapletree North Asia Commercial Trust revision a win for unitholders: OCBC

The change is the most viable for conservative holders, says OCBC Investment Research.

UOL net attributable profit inflates exponentially to $307.4m for FY2021.

Property development revenue increased by 67% to $1.6b. 

Yanlord Land Group profit up 10.5% YoY to $867.77m for FY 2021

There was 2.5% increase in profit attributable to owners of the company.

Singtel allots $2b to redevelop Comcentre headquarters

It aims to convert this into a next-generation office development.

Elite Commercial REIT hits 22.3% DPU growth

It has outperformed IPO projections for eight consecutive quarters.

Prime US REIT NPI up 6% to $135.21m in FY2021

Its distributable income also increased by 4.9% to $101.52m for FY2021.

Manulife H2 2021 a miss: Maybank

But improvements in operations were seen due to strong leasing momentum.

CBRE offers $30m retail podium for sale

Submission of expression of interest closes on 16 March.

Guocoland profit attributable triples to $67.5m for H1 FY21/22

Revenue for the period also increased by 42% for the period, hitting a total of $452.7m.

Neil Road Shophouse goes on sale for $16.2m

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

CDLHT, FEHT to see improved results going into 2022

This was according to a report published by UOBKayHian. 

Ascott hits record with 15,100 units signed in 2021

It also reached the highest-ever property openings of 8,200 units. 

Tanglin Shopping Center up for sale

Savills Singapore will serve as the marketing agent for the sale. 

Mapletree NPI rose 14.3% to S$78.3m in Q1 FY21/22

This is attributed to the lower rental reliefs to retail tenants at Festival Walk and higher average occupancy from IXINAL Monzen-nakacho Building.

CapitaLand opens largest Raffles City dev't in Shanghai

Raffles City The Bund drew over 300,000 shoppers on opening day.

Shophouse sales breach new high with 118 transactions in H1

Knight Frank expects sales values for the full year to exceed the $1.46b high posted in 2018, with sales volumes to cross the 200 unit mark.