TRIS rating report on the CPNREIT . What the report does not mention is anything about same store rental growth. I have not seen any mention of that item either in CPN's investor presentations . The REIT holds 7 shopping centers including Central Rama 2 and Rama 3 , 4 office buildings and the Hilton Hotel Pattaya "CPNREIT’s revenue and earnings growth were primarily driven by the robust occupancy rate (OR) of shopping centers at above 95% and increased revenues from revenue-sharing contracts. The trust also received the full amount of fixed and variable rents for Hilton Pattaya since the beginning of 2023. The OR of the Hilton Pattaya Hotel recovered to 88% in 2023 and 94% in 6M24 from 76% in 2022. However, the OR of office buildings continued declining to 84%-85% in 2023-6M24 from above 90% of the pre-pandemic level. Future performance continues reviving We expect CPNREIT’s operating performance to continue improving, supported by increasing rental and services income from its retail and hotel businesses amid the ongoing recovery of customer traffic, rising tourist arrivals in Thailand, and growth prospects from potential asset acquisitions from its sponsor. Nonetheless, we view that the OR and rental rates of office spaces will continue to face significant challenges due to the large influx of supply expected in 2024-2025. " https://lnkd.in/gqe9AnYQ
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It's an #Officespace market of opportunity, if you can position offerings correctly. This LandlordZONE piece touches on several points: #CRE expectations around supply & demand in conventional space point to an increase in supply VS static or reducing demand (Propertymark report link in comments) Facilities Management Journal indicates 76% of office tenants are either currently looking for alternative space or will start doing so in the next 12 months. They also cite a powerful message around the draw of #Flexspace: “Speaking specifically to those who currently use a flexible or coworking space, nearly half (45 per cent) agreed that they were unlikely to ever rent their own private office again, with 59 per cent agreeing that flexible workspaces are the ideal fit for their business’ needs.” If you have a product offering which goes beyond just space and aesthetics and can articulate how it will improve tenant experience, this is fertile ground. #Coworking #Servicedoffices #Fuellingchange https://lnkd.in/eaKR8MFT
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Understanding the Different Types of Real Estate Investments Real estate can be broadly categorized into residential and commercial properties. Residential real estate encompasses single-family homes, duplexes, triplexes, and quads. In contrast, commercial real estate serves business or investment purposes and encompasses six distinct categories: Multifamily Office Retail Industrial Hospitality/Hotel Special Purpose Residential Property (Single and Multifamily) Residential real estate comprises properties with one to four units, while multifamily properties include those with five or more units. Multifamily real estate enjoys the advantage of qualifying for nonrecourse commercial lending. It provides investors with enhanced flexibility compared to traditional residential lending with its constraints, full recourse nature, and personal credit encumbrance. Although residential real estate investors can find success within their niche, multifamily properties offer distinct advantages, including economies of scale and professional property management. Commercial Properties Commercial properties cater to various business and investment objectives. These property types include: Office: Encompassing traditional office spaces, medical offices, creative and co-working spaces, executive suites, and flex spaces. Retail: Spanning malls, strip malls, community centers, lifestyle centers, freestanding retail, and power centers. This category includes establishments such as drug stores and grocery stores. Industrial: Involving the manufacturing, processing, or storage of goods, including manufacturing centers, warehouses, cold storage facilities, truck terminals, and data centers. Hospitality: Primarily comprised of hotels, motels, and resorts. Special Purpose: An eclectic category encompassing properties like churches, self storage units, gas stations, amusement parks, farms, museums, and theaters, among others. REITs (Real Estate Investment Trusts) Real estate investment trusts (REITs) are often likened to real estate-flavored stock because they are investments focused on the real estate sector of the stock market. It’s important to note that investing in REITs introduces more stocks to your portfolio, rather than direct real estate assets. The distinction is vital since REITs historically exhibit higher correlations with the stock market, resulting in increased volatility. Furthermore, REITs do not offer the same tax advantages as direct real estate investments. #nextgearhomes #abujaproperties #realestate
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Retail: A flurry of leases along the Broadway corridor in Soho has helped drive down availability. Rents increase 35% year over year to $679 per square foot. Average pricing on the corridor has risen above $600 per square foot to a level not seen since 2017. Office: Increased demand, as companies have their employees return to the office. Leasing volume was up almost 50% from a year ago, driven by Bloomberg’s 925,000-square-foot extension and expansion at 919 Third Avenue and a few other large deals. Manhattan’s availability rate fell from 17.3 to 16.8%, the lowest in two years. Sublet supply also tightened, dropping to its lowest level since January 2022. Building Sales - Has been very active across property types. The predominant theme is to purchase office buildings to convert to Residential. To read full report go to www.optimalspace.com
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One word summing up our latest research? MORE. More occupier options in the office sector, more transaction activity in the industrial sector, and more retail leasing activity in key hotspots. Next year is shaping up well for a fast start. Keep up to date with the latest property insights from our 3Q 2024 property insights material covering the Auckland, Wellington and Christchurch office, industrial and retail trends. Great work Hina Ahmed Uqaili and Monish Khan #propertyinsights #propertyresearch #JLLResearch #office #industrial #retail
New Zealand Market Dynamics - Q3 2024
jll.nz
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Did You Know? 📍Location is the single most important factor influencing commercial real estate value. A property in a prime location can command up to 30% higher rental rates and attract more stable, long-term tenants. Whether you’re investing in office space, retail, or F&B properties, choosing the right location is key to maximizing your ROI. Looking to invest in a prime commercial property? Let’s find the perfect spot for your business!📈 Contact us today for a consultation with our leasing experts: 📞 +91-9810001820 📩 [email protected] 👉 Follow Jaygee Hospitality Services Pvt. Ltd. for the latest updates on prime commercial spaces. #commercialrealestate #cre #realestateinvesting #locationmatters #propertyinvestment #primelocation #indiarealestate #leasing #jaygeehospitality #commercialproperty
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Great to see office and retail occupancy rates across the central West End standing at 95%+ in the latest real estate insights report from the Heart of London Business Alliance. Hotel occupancy (79%+) also at highest point since 2020 as the sector continues to bounce back from the pandemic. Important insights on how eco-tourism is set to shape buyer behaviours over the years ahead, especially among Gen Z consumers. Also interesting case studies showing how hybrid working can go hand-in-hand with buzzing, sustainable developments - provided right mix of retail/ office/ leisure space - as exemplified by Landsec's Lucent project.
Our latest Real Estate Insights Report is now LIVE. Revealing record-high office and retail occupancy, the report signals strong market demand in the Heart of London area. Offering a comprehensive overview of the real estate landscape across the Heart of London area, the report highlights key trends and opportunities as well as delving into key industries such as eco-tourism. Read the full report: https://bit.ly/3TLsjmX AND London Landsec Criterion Capital Limited The Londoner Hotel
New Real Estate Insights records record-high office and retail occupancy.
https://holba.london
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How to Invest in Commercial Properties Profitably In #realestate, about 50% of #investments don't provide the #expected #returns. The #explanation? #Insufficient #knowledge on three #essential #elements: the #product, the cost, and the #venue. Many #investors miss the #mark when it comes to realizing the #importance of these aspects, which #leaves them in a #scenario where their #aims are not #achieved. #Commercialproperties in particular should be #aware of this. You may #invest in #commercialrealestate in #India and reap #financial #rewards by following our #guide. #CommercialInvestments: Main #categories often #applies to #commercial #investments: #retail, #office, #hospitality, and #entertainmentvenues. Office Spaces In order to provide a #working #environment for #people who work #largely in #administration and #management, a #building or a #portion of it is #rented or #utilized as an #officespace. The fact that these #facilities don't deal in #direct #sales of #products or #services sets them apart from #retaillocations. #Officespaces are #divided into three #categories, similar to those used for retail #establishments: #small, #mid, and #big. Whereas #corporate #houses, #angelinvestors, and #privateequity #firms choose #largeroffice spaces, #individual #investors tend to favor #smaller and #mediumsized #locations. Retail Spaces For the #purpose of #trading or #selling #products and #services, #retail #premises are #rented and #inhabited. #Shops, #hairdressers, #pharmacies, and #brandoutlets are a few of these. Hospitality & Entertainment Spaces Among the most #common #types of #commercialrealestate #investments are #facilities for #hospitality and #entertainment. #Hotels, #foodcourts, #gamblingareas, #banquethalls, and #partyflats are a few #examples of them. #Largeinvestors, #HNIs, and #businesses choose #hotels, #banquets, and #partyhalls as #larger #venues in this category, whereas individual investors like #studioapartments, food courts, and #gamingareas. Make a #commercialinvestment today: #Investors looking to #generate a #steady #monthlyincome stream and #experience #long-#term #capital #growth may choose #commercialproperties. #Longlease #durations, #strong #rentalincome, and #inflation #protection for your #investment are all #features of these buildings. If #investing in a #commercial #property is #something you are #thinking about doing, all you have to do is get in #touch with us and begin #looking through the greatest #RERA-#approved #properties at the #bestlocations, #developed by the #bestdevelopers.
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CBRE presents eight ground-floor retail units at the heart of Singapore’s CBD, as recently featured by EdgeProp Singapore. These units at PLUS, 20 Cecil Street, offer unparalleled street visibility and a steady flow of foot traffic, thanks to their strategic location at a busy Raffles Place junction. Clemence Lee shares that despite recent cooling measures, commercial properties have renewed interest. With estimated gross yields of 3% to 3.5%, these units are more than an investment; they’re a statement of confidence in the market’s potential for wealth preservation. The trend is clear: prime freehold and 999-year shophouses in the CBD are fetching impressive figures, reflecting the market’s depth and investor confidence. Interested? Connect with us now or check out the feature here: https://cbre.co/3V5Aps9 #realestate #propertyinvestment
DB2 offers final eight ground-floor strata retail units at Plus for sale from $3.8 mil
edgeprop.sg
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CBRE presents eight ground-floor retail units at the heart of Singapore’s CBD, as recently featured by EdgeProp Singapore. These units at PLUS, 20 Cecil Street, offer unparalleled street visibility and a steady flow of foot traffic, thanks to their strategic location at a busy Raffles Place junction. Clemence Lee shares that despite recent cooling measures, commercial properties have renewed interest. With estimated gross yields of 3% to 3.5%, these units are more than an investment; they’re a statement of confidence in the market’s potential for wealth preservation. The trend is clear: prime freehold and 999-year shophouses in the CBD are fetching impressive figures, reflecting the market’s depth and investor confidence. Interested? Connect with us now or check out the feature here: https://cbre.co/3V5Aps9 #realestate #propertyinvestment
DB2 offers final eight ground-floor strata retail units at Plus for sale from $3.8 mil
edgeprop.sg
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Welcome to the latest market report on commercial real estate trends in the Corpus Christi/Coastal Bend area, curated for stakeholders and investors by Beverly Lynn Dickson, your trusted Commercial REALTOR® In this report, we analyze current trends specific to this vibrant coastal region, highlighting notable developments and providing insights to navigate the dynamic commercial real estate landscape. Current Market Overview As of Q2 2024, the current commercial real estate market demonstrates resilience and adaptation amid evolving economic conditions and local trends. Key sectors such as office spaces, retail, industrial, and multifamily properties are experiencing distinct patterns influenced by regional factors and market dynamics. Demand for office spaces in Corpus Christi remains stable, driven by local businesses and organizations seeking strategic locations. Flexible office solutions are increasingly popular among companies adapting to hybrid work models. The retail sector in the Coastal Bend area is evolving with a focus on experiential formats and integrated omnichannel strategies to attract tourists and local shoppers alike. Tourist locations, waterfront and downtown retail spaces are particularly sought after for their high foot traffic and scenic locations. Industrial real estate in Corpus Christi and surrounding areas benefits from the region's strategic position as a hub for shipping and logistics along the Gulf Coast. The New Harbor Bridge is due to be completed in the Spring of 2025. Warehousing and distribution centers continue to expand to accommodate increased trade activity and port operations. The multifamily sector in Corpus Christi is robust, with demand driven by a mix of local residents and seasonal visitors. Properties offering amenities such as coastal views, recreational facilities, and proximity to entertainment venues are highly attractive to tenants. Investment Outlook Investor confidence in the Corpus Christi/Coastal Bend commercial real estate market remains strong, supported by favorable local economic indicators and strategic growth opportunities across asset classes. Sustainable development and resilience against market fluctuations continue to be key considerations for investors. Conclusion The Corpus Christi/Coastal Bend commercial real estate market in 2024 offers promising opportunities. Stay informed with expert insights to navigate effectively. For personalized guidance or inquiries about specific opportunities in this area, contact Beverly Lynn Dickson, Commercial REALTOR® at [email protected] or 361-765-0362. Buy, Sell, Lease, Invest with the BEST!! Warm regards, Beverly Lynn Dickson Commercial REALTOR®, GRI, RSPS Realty Executives Coastal Bend International Commercial Division Corpus Christi, Texas
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The Mission Maven
2moInsightful. Thanks