CCT’s Grade A office tenants expand, renew or sign new leases

CCT’s Grade A office tenants expand, renew or sign new leases
 
SINGAPORE: CapitaCommercial Trust (CCT) has announced that its Grade A office tenants at Capital Tower and One George Street have either expanded, renewed or signed new leases.
 
The news brought some cheer to its share price, which has been beaten down in recent weeks. The [...]

CapitaCommercial Trust renews and expands new leases

CapitaCommercial Trust renews and expands new leases
Office landlord, CapitaCommercial Trust, said today that it has renewed existing leases and secured new leases at two of its office buildings in Shenton Way
 
The total Grade A office space rented out in the two buildings amount to about 78 thousand square feet
 
Three companies, JPMorgan Chase, BHP Billiton [...]

Slow demand for office space hits rents

Slow demand for office space hits rents
 
SINGAPORE’S booming office market is facing a drop in demand and a slowdown in rents that have left many wondering: What happens next, when a host of new developments are launched?
 
Tight supply and high demand, mostly from financial institutions, made Singapore the ninth most expensive office market [...]

CapitaComm Trust announces DPU of 5.19 cents, up 23% on year

CapitaComm Trust announces DPU of 5.19 cents, up 23% on year
 
SINGAPORE : CapitaCommercial Trust (CCT) will distribute 5.19 Singapore cents per unit for the first half of this year.
 
This is about 23% higher than the same period last year. It also exceeds the trust manager’s forecast by 4.2 per cent.
 
The annualised distribution per [...]

CapitaCommercial Trust expects office rentals to stay stable until 2010

CapitaCommercial Trust expects office rentals to stay stable until 2010
by Irene Chan
 
CapitaCommercial Trust, or CCT, expects office rentals to remain stable over the next two years despite volatile financial markets and uncertain economic conditions.
 
CEO of CCT’s manager, Lynette Leong, said compared to the period before the 1997 Asian financial crisis, the current supply of [...]