Business Times Singapore Retail Rents
Singapore Retail Rents Down 3 5 Q O Q In Q2 2020 Vacancy Rises To 9 6 Ura Real Estate The Business Times
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Singapore the business times sph reit will now focus on providing sustainable rental income by minimising vacancies for fy2021 it said at an annual general meeting agm on thursday.
Business times singapore retail rents. It added that it is committed to supporting tenants through this challenging covid 19 period so as to position assets to be ready to capture the. The business times singapore retail rental find singapore retail rental news headlines insight and analysis in singapore asia pacific global markets news at the business times. Singapore the business times rents of retail space in singapore s central region shrank 3 5 per cent in the second quarter of 2020 over the previous three months after easing 2 3 per cent in.
Read more at the singapore retail rents down 4 5 in q3 vacancy flat at 9 6. In the second quarter rents had pulled back by 3 5 per. Read more at the business times.
Read more at the business times. Rentals of retail space in singapore s central region shrank 3 5 per cent in the second quarter of 2020 over the previous three months after easing 2 3 per cent in the first quarter of 2020. Ura real estate the business times.
Singapore the business times rents of retail space in singapore s central region dropped 4 5 per cent in the third quarter of 2020 after declining 3 5 per cent in the previous three months. Rents of retail space in singapore s central region rose 2 3 per cent in the fourth quarter of 2019 over the previous three months following the same rate of increase in the third quarter of 2019 according to data released by the urban redevelopment authority ura on thursday. Overall retail rents are expected to fall by 10 15 per cent for the whole of this year due to recessionary pressures and safe distancing restrictions according to the real estate consultancy.
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 q3 taking the decline to 10 per cent for the first nine months of the year.
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