SINGAPORE (Nov 1): The slowdown continues for Singapore’s property developers and real estate investment trusts (REITs), according to 3Q16 data by the Urban Redevelopment Authority (URA).
SINGAPORE (Oct 19): Religare Capital Markets on Wednesday said the proposed redevelopment of Golden Shoe Car Park will be “positive” for CapitaLand Commercial Trust.
SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.
PETALING JAYA (Aug 12): A 33-storey office block has been proposed for the open car park site in Desa Sri Hartamas (pictured) located at Jalan 19/70A.
WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.