SHOW galleries for residential projects will have to shut for a month starting April 7 as stricter measures kick in to combat the Covid-19 outbreak, throwing a spanner into the works for developers.
PERENNIAL Treasury, a subsidiary of real-estate developer Perennial Real Estate Holdings, on Friday said it has secured a loan facility of S$250 million.
EC World Real Estate Investment Trust (EC World Reit) on Friday said it would provide about 23.7 million yuan (S$4.8 million) in cash rental rebates to tenants within its portfolio to help them cushion the adverse impact of the current Covid-19 crisis.
CHINA Jingye Construction Engineering has won the <a href="https://www.businesstimes.com.sg/real-estate/jtc-launches-2-sites-at-jal... target="_blank">tender for a 0.66 hectare industrial site at Jalan Papan</a>, JTC said on Friday.
REAL estate investment trusts took a tumble on Thursday, with retail Reits bearing the brunt of the selling after the government announced it will legislate to ensure that landlords pass on in full property tax rebates to their tenants.
KEPPEL Land and Keppel Reit (real estate investment trust) said on Thursday that they will fully pass on the property tax rebate to their office tenants to support them during the Covid-19 outbreak.
A FREEHOLD commercial unit fronting Tanglin Road has been sold for S$43 million.
PROPERTY developer Hiap Hoe on Thursday said that it expects its financial performance for the first half of 2020 to be “adversely impacted” by the outbreak of the virus, compared to the corresponding period a year ago.
SINGAPORE-headquartered co-working space operator JustCo is offering its members fee rebates for the month of May in light of the coronavirus outbreak, it said in a statement on Thursday.
DBS Group Research is expecting a tougher operating environment for retail real estate investment trusts (Reits) in Singapore, citing rising consumer risk aversion and tighter government measures amid the Covid-19 outbreak.
AS dealmaking slows amid the economic uncertainty brought about by the novel coronavirus outbreak, ARA Asset Management, one of Asia's largest real estate fund managers, has put its investment activities on hold.
MAYBANK Kim Eng has downgraded SPH Reit to "hold" from "buy", and lowered its target price to S$0.80 from S$1.15 previously.
MOODY'S Investors Service has changed its outlook on Lippo Malls Indonesia Retail Trust (LMIRT) to negative from stable.
THE Covid-19 outbreak and economic slowdown have started to bite; the Urban Redevelopment Authority's flash estimates for the first quarter shows its benchmark overall private home price index shrank 1.2 per cent over the previous quarter.
A NEW Bill that may give businesses a reprieve from contractual obligations including rent payments has drawn initial support from landlords and tenants, but also underlying concern about whether they are just kicking the can down the road.