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Klang Valley retail occupancy rate at 5-year low

By Adam Aziz Dec 06

KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).

趋势:2017年上半年商用房产拍卖案扬升

By Tan Ai Leng Nov 10

网络拍卖平台AuctionGuru.com资讯显示,今年上半年拍卖市场的商用房产拍卖案数量增加,反映整体市场的走势疲弱,以及线上零售活动活跃,影响市场对这类房产的需求。

Steep hike in development charge rates for Spore's non-landed residential sector

By Lin Zhiqin Sep 04

SINGAPORE (Sept 5): The Ministry of National Development has raised the development charge (DC) rates for land use groups: commercial; landed residential; and non-landed residential for the period of Sept 1 to February 28, 2018. DC is payable to the state by property owners when approval is granted for land use intensification or for change of use. The DC rates remain unchanged for the other use groups.

CapitaLand-led JV in S$1.8 bil redevelopment of Golden Shoe Car Park

By Michelle Zhu Jul 13

SINGAPORE (July 13): CapitaLand, CapitaLand Commercial Trust (CCT), Mitsubishi Estate (MEC) have formed a joint venture (JV) to redevelop Golden Shoe Car Park (GSCP) into a landmark integrated development in Raffles Place, which is estimated to cost a total of S$1.82 billion (RM5.67 billion).

Property divestments bode well for CapitaLand Commercial Trust’s M&A prospects

By Michelle Zhu Jul 04

SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT), following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of S$280 million (RM870 million).

This property group is poised for a pickup

By Samanatha Chiew May 30

SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Ltd (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.

This S'pore REIT gets ‘hold’ on new office supply, uncertainty over acquisition

By PC Lee May 08

SINGAPORE (May 8): DBS is maintaining its “hold” call on OUE Commercial REIT (OUE CT) with a revised target price of 67 Singapore cents given likely operational weakness ahead of new office supply in 2017, dilution from the recent equity placement, and uncertainty over the timing of any acquisition.

CapitaLand Commercial Trust to divest One George Street into 50%-held JV partnership for S$84.6 mil

By Michelle Zhu May 02

SINGAPORE (May 2): The trustee manager of CapitaLand Commercial Trust (CCT) has entered into an agreement to divest One George Street into a concurrently-formed limited liability partnership – One George Street LLP (OGS LLP), which CCT has established with joint venture partner OGS (II), a special purpose vehicle owned by insurer FWD Group.

Time for investors of this Singapore REIT to take profit

By Michelle Zhu Apr 20

SINGAPORE (April 20): RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from “buy” to “take profit”, recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house’s target price of S$1.68, which remains unchanged.

Commercial properties still popular among private buyers, says Knight Frank

By Lum Ka Kay Apr 18

PETALING JAYA (April 18): Commercial real estate remains an important asset class for private investors, with 27% of global transaction volumes attributed to them in 2016, according to global real estate consultancy Knight Frank citing Real Capital Analytics.