The Business Times
ANALYSTS across four research houses are expecting rising demand for office space from the technology, media and telecommunications (TMT) sector to benefit Suntec Reit as more technology giants look to set up their regional headquarters in Singapore.
The Business Times
SWIBER Holdings' headquarters, initially meant to be transferred to a new holding group (New Swiber), has been offered for sale via private treaty with a guide price of S$40 million.
The Business Times
AS the Covid-19 pandemic put a dent on overall property investment activity in 2020, shophouses in Singapore proved an exception as the only other segment after commercial and mixed-use to improve from 2019.
The Business Times
ASCOTT Residence Trust's (ART) distribution per stapled security (DPS) fell by 52 per cent to 1.99 Singapore cents for its half year ended Dec 31, 2020 compared to 4.18 cents a year ago, reported its managers on Wednesday morning.
The Business Times
SOME Singapore retail and food and beverage (F&B) businesses are grappling with unexpected rental increments and hefty security deposits (SDs), as they struggle to get back on their feet after Covid-19's impact, The Business Times has learnt.
The Business Times
THE local data centre market is expected to "get very tight" towards the second half of the year, said Chua Hsien Yang, chief executive of Keppel Data Centre (DC) Reit's manager, in an earnings call on Tuesday evening.
The Business Times
THREE adjoining mixed-use redevelopment sites at 551 to 553 Bukit Timah Road, 6 to 8 Duke's Road and a driveway have been put on the market via collective sale with a guide price of S$62.5 million.
The Business Times
WITH physical auctions barred for the most part of the year due to "circuit-breaker" measures and safe distancing restrictions, there were only 495 auction listings in 2020 compared to 1,387 in 2019, inclusive of repeat listings.
The Business Times
SUNTEC Real Estate Investment Trust (Suntec Reit) posted on Tuesday a 3.7 per cent fall in distribution per unit (DPU) to 2.261 Singapore cents for the fourth quarter compared with 2.347 cents for the year-ago period.
The Business Times
DBS analysts maintained a “buy” call for ARA Logos Logistics Trust (ARA Logos) with a higher target price of S$0.80, implying an upside of 17.8 per cent.
The Business Times
MAPLETREE Logistics Trust's (MLT) distribution per unit rose 1 per cent to 2.065 Singapore cents for its third quarter ended Dec 31, 2020, on an enlarged unit base following its equity fundraising completed in Q3. This is up from 2.044 Singapore cents a year ago.
The Business Times
SHARES in CapitaLand took a beating at the start of the week, after the property behemoth on Friday issued a profit warning expecting a full-year loss for the year ended Dec 31, 2020.
The Business Times
FOLLOWING comments by top government officials and analysts this past week about the resurgent property market, some investors will understandably be bracing themselves for another round of cooling measures.
The Business Times
LHN Group's strategy of revamping unused and under-utilised spaces to suit emerging industry trends has proven valuable, after the pandemic triggered a rush towards e-commerce and bumped up demand for its co-living spaces.