SRI Auction on 22 July 22 – Featured properties: Pine Grove, Botanic Gardens View, Mulberry Tree and more!
The next SRI auction will take place on 22 July (Friday), 2.30PM at Parkroyal on Beach Road Sky Ballroom Level 1. Some...
SRI Auction on 23 June 22 – Featured properties: units at Mulberry Tree, Uber 388, Seascape and more!
The next SRI auction will take place on 23 June (Thursday), 2.30PM at Parkroyal on Beach Road Sky Ballroom Level 1....
SRI’s guests were invited to an event by Lamborghini Singapore & St James (a member of Berkeley Group), to...
The next SRI auction will take place on 27 May (Friday), 2.30PM at Parkroyal on Beach Road Sky Ballroom Level 1. Some...
SRI Auction on 28 Apr 22 – Featured properties: 2-storey bungalow at Ocean Drive, office units at Vision Exchange and more!
The next SRI auction will take place on 28 April (Thursday), 2.30PM at Parkroyal on Beach Road Sky Ballroom Level 1....
SRI Auction on 31 Mar 22 – Featured properties: Terrace House at Jalan Lakum, Office Space at Havelock2 and more!
The next SRI auction will take place on 31 March (Thursday), 2.30PM at Parkroyal on Beach Road Sky Ballroom Level 1....
En bloc market picking up momentum, but developers seen remaining selective
The residential en bloc market has been gathering momentum in recent months as developers seek to replenish their land banks amid dwindling unsold inventory, a relative lack of supply under the Government Land Sales (GLS) programme and buoyant sales at new launches.
Property groups can champion sustainability, but may do little to build an inclusive society
FOCUSING on sustainability issues is nothing new for property groups such as City Developments Limited (CDL). CDL is the first and only Singapore company to be included in the Global 100 Most Sustainable Corporations index in the world for 13 consecutive years.
Brokers’ take: Analysts lower targets for Manulife US Reit as occupancy rates disappoint
ANALYSTS from various brokerages were disappointed by Manulife US Reit’s H1 performance, which saw distribution per unit (DPU) slip due to <a href="/companies-markets/manulife-us-reit-manager-eyes-hotelisation-of-office-assets-amid-dour-outlook" target="_blank">lower occupancy</a> in its portfolio. This led to a cut in target prices across the board, though they remained largely bullish on the office Reit’s future performance.
Elite Commercial Reit H1 DPU down 2.7% to £0.0256 on larger unitholder base
ELITE Commercial Reit’s distribution per unit (DPU) fell by 2.7 per cent to £0.0256 for its first half ended Jun 30, from £0.0263 in the corresponding period a year ago.
FLCT sees over 173,000 sq m of leasing in Q3; expects operating conditions to improve
FRASERS Logistics & Commercial Trust (FLCT) recorded 173,087 square metres (sq m) of leasing across its portfolio in Q3 ended June, the real estate investment trust’s (Reit) manager said in a Friday (Aug 5) business update.
Asia-Pacific property investment down 17% in H1 as tightening rate cycle, inflation hit deals
REAL estate investment in Asia-Pacific dropped 17 per cent on the year in the first half of 2022, as deal activity in several of the region’s major economies moderated from a high base in 2021.
Exit of major tenant to impact Prime US Reit in Q3 2022
A MAJOR tenant departure is expected to drag down the earnings of Prime US Real Estate Investment Trust (Reit) in the third quarter of the year.
HDB resale deals jump 10.5% in July; prices inch up as market moderates: SRX, 99.co
THE number of Housing and Development Board (HDB) flats resold rose in July, while resale prices grew at a slower pace, according to flash estimates from property portal SRX and 99.co released on Thursday (Aug 4).
Ascott acquires co-living asset in Tokyo via private equity fund
CAPITALAND Investment’s wholly-owned lodging business, The Ascott, will acquire a freehold asset in Tokyo, Japan through its private equity fund with the Qatar Investment Authority.
ARA H-Trust posts H1 DPS of US$0.01427; net property income up 131.2%
ARA US Hospitality Trust (ARA H-Trust) on Thursday (Aug 4) posted a distribution per stapled security (DPS) of US$0.01427 for the first half ended Jun 30, comprising capital distributions.
Yanlord unit receives URA’s nod to develop serviced apartments, offices, retail space in Anson Road
THE rejuvenation of the Anson Road locale in the central business district is set to receive a boost. UE Bizhub Tower, a 23-storey freehold office tower, could make way for a new project comprising serviced residences along with offices and a small amount of retail space.
City Hall office rents hit S$9.82 psf in Q2, second to Marina Bay: Savills
OFFICE rents in the City Hall area rose 1.3 per cent quarter-on-quarter to S$9.82 per sq ft (psf), making it the second-highest in rent among Grade A central business district (CBD) micro-markets after Marina Bay, Savills Singapore said in a Wednesday (Aug 3) report.