Commercial Property
Grade A office vacancy up slightly to 9.4% in March
Grade A office vacancy up slightly to 9.4% in March
Only Central saw its vacancy rate drop during last month.
Emperor International sells industrial building for $508m
The sale shall be by way of transfer of shares of the company.
Sunlight REIT portfolio records 92.7% occupancy rate
The figure is as of 31 March this year.
ESR secures $3.104b senior unsecured corporate term loan
It is the largest USD corporate loan for ESR to date.
Retail sector drove a 22.6% property investment rebound in Q1
Retail-related property transactions worth at least $100m grew by 15.4% year-on-year.
Industrial property rebounds with 809 transactions in Q1
The majority of the transactions in Q1 were worth up to $10m.
High vacancy rates hinder office, retail rent recovery
Office rents will likely decline 5-10% over 2021, CBRE said.
S&P Global moves back to Central
Its new office has a total gross floor area of approximately 22,000 sq. ft.
Moody's revises Jiayuan's outlook to positive
The agency also affirmed its B2 corporate family rating.
Office space availability soars to record-breaking high
Some 14% of office space was left untenanted in Q1 2021, the highest rate since 2004.
Office rental falls for seventh consecutive quarter
The rate of rental decline slowed to 3.5% in the first quarter of the year.
Manulife signs biggest Grade A office leasing deal since 2019
The lease agreement is for a 145,000 square feet of Grade A office space in Kowloon East.
Aoyuan's contracted property sales surge in first quarter
The sales grew by more than 110%, compared to the same quarter last year.
Real estate investments in Asia-Pacific expected to rebound in 2021
Cushman & Wakefield said it will generate around US$165b.
Property market outlook hangs on global vaccine rollout
This, however, will still depend on local consumption behaviour, according to OCBC Research.
Societe Generale pars a floor in Hong Kong office space
The French bank joins DBS in relinquishing office spaces due to growing prices in Hong Kong.
New pilot scheme to spur industrial investment: CBRE
The firm said $4.1b worth of investments were made in the first quarter of the year alone.
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