Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 62 countries,17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients.
See below for the Latest Colliers News, Analysis, Profit Results, Share Price Information, and Commentary.
Property investments drop 5.7% QoQ to $3.8b in 2Q23
Colliers attributed the decline to high borrowing costs.
Property investments drop 5.7% QoQ to $3.8b in 2Q23
Colliers attributed the decline to high borrowing costs.
Core CBD Premium, Grade A rents rise 0.6% QoQ to $11.53 per sq ft
Tight vacancies and flight-to-quality moves drove the increase.
Charming Garden worth $175m relaunched for final collective sale
Colliers will hold the public tender for the property on 22 June.
Flex spaces to increase foothold in Singapore’s office market
As of Q123, flex spaces already consist of about 10% of the total office stock in the Lion City.
Two tips for Singaporean property investors amidst economic slowdown
Real estate investors must stick to ESG and other niche markets in APAC.
Chart of the Day: Business park rents went up 0.6% in Q1
It deaccelerated from a 1% increase in the fourth quarter of 2022.
Demand for higher specification industrial assets to back industrial market
Manufacturing, logistics, biomedical, and food sectors will drive demand.
Industrial occupancy, rental growth to ease further: experts
Huttons said rents of industrial space may see not more than 3% growth in 2023.
ABSD rate hike: The winners and the losers
Singapore increased the ABSD for all residential statuses by 3% to 30%.
Property investment volume falls 63.3% YoY to $4b
It is the lowest quarterly investment volume registered since Q4 2020.
Core CBD Premium, Grade A office rents grow by 0.5% QoQ
The vacancy rate for these offices increased to 2.9%.
Sutton Place relaunched for sale at $285m
The public tender for the property will close on 9 March at 3 pm.
Chart of the Day: Occupancy rate of industrial property down 0.3% in Q4 22
Colliers said there was an uptick in new completions.
Growth of industrial rents to moderate by 1%-3% in 2023: Colliers
In 2022, the market recorded an annual growth of 6.9%.
Total property investment volume up 2.8% YoY to $29.1b in 2022
The investment market may remain in “price discovery mode” in the first half of 2023.
3 floors of strata office in 20 Cecil Street on sale for $36m-$37m each
The offices have a combined gross floor area of 33,648 sq ft.
Premium, Grade A office space rents up by 0.9% QoQ in Q4 22
Rents reached $11.40 per square feet in the fourth quarter last year.
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