aerial photography of buildings

Starhill Global Reit’s Q1 revenue down 10.3%

STARHILL Global Real Estate Investment Trust's (SGReit) revenue for the first quarter ended Sept 30 fell 10.3 per cent to S$43.1 million,...
brown staircase

JustCo to open co-working space at Razer HQ in 2021

JUSTCO is set to open a new shared workspace within the South-east Asian headquarters of gaming hardware firm Razer, marking its 19th...
rectangular brown wooden table and chair set

Smart-cities lab opens in Singapore Science Park

THE Smart Urban Co-Innovation Lab, said to be the first industry-led lab in South-east Asia for smart cities solutions development, opened on...
brown wooden house with green grass field

More hotels jumping on staycation wagon

HOTELS shifting their focus to staycation packages are hoping that the year-end peak season and the gradual easing of restrictions would allow...
white-and-red houses

ARA Logos to buy Australia properties, invest in sponsor’s funds

ARA LOGOS Logistics Trust (ALog) plans to fork out S$404.4 million to buy five properties in Australia from ventures managed by its...
living room set with green dumb cane plant

MAS issues notice to remove manager of EH-Reit

THE Monetary Authority of Singapore (MAS) has issued a Notice of Intention (NOI) to the trustee of Eagle Hospitality Reit (EH-Reit) to...
aerial view of city during daytime

Hotels roll with the punches to keep rooms occupied

FOR a city with just 5.6 million people and a severe cap on tourists because of the ongoing global pandemic, it may...

WeWork default is a real possibility, Fitch Ratings warns

FITCH Ratings downgraded troubled co-working company WeWork, and warned that the once high-flying startup could default on its obligations.

HDB resales jump to 10-year high in Q3 as prices rise 1.5% over quarter

THE Housing Board resale market staged a stunning rebound in the third quarter of 2020, with transactions soaring to a 10-year high...
Life Sukhumvit Bangkok property illustration (12)

Construction works on Oxley’s projects may take up to six weeks more to complete...

OXLEY Holdings said that the completion of construction works in its properties is expected to be delayed by four to six weeks...
crane under cloudy sky during daytime

Bukit Sembawang’s pivot to recurring income will boost dividends: DBS

DBS Group Research on Friday said Bukit Sembawang Estate's move to pivot its business model to build a recurring income base will...
white and red wooden house miniature on brown table

Decline in retail rents accelerates in Q3

AS ECONOMIC headwinds prevail, rentals of retail space in Singapore's central region fell 4.5 per cent quarter-on-quarter to a new low in...
white and brown high rise buildings under blue sky during daytime

Office rents fall in Q3 amid cutbacks, work-from-home ops

THE pandemic took its toll on office rents in the third quarter as souring business sentiment and a weaker labour market prompted...
white and orange house near water during daytime

Q3 private home prices up; new home sales double over previous quarter, but rents...

A SHARP rebound in private home sales in both primary and secondary markets in the third quarter underpinned continued gains in the...
white and black house beside body of water during daytime

Suntec Reit Q3 DPU falls 21.9% to 1.848 cents

SUNTEC Real Estate Investment Trust (Suntec Reit)'s distribution per unit (DPU) fell 21.9 per cent to 1.848 Singapore cents for its third...