29 Feb '16, 11pm

To let: Singapore office vacancies to rise as economy falters - Reuters

* Builders to add 7 mln sq ft office space in 2016-2018 - analyst * Last year, Singapore's economy grew at slowest pace since 2009 * Analysts say office rents to tumble, vacancies to rise By Aradhana Aravindan SINGAPORE, March 1 Vacancies at Singapore's gleaming office towers are nearing their highest level in almost a decade, with construction of the city-state's tallest building - GuocoLand Ltd's 64-floor block in the financial district - wrapping up just as the economy slows. Singapore's export-oriented economy has been hit by the slowdown in China and beyond, which has also put pressure on key sectors such as marine oil and gas, commodity trading and banks. Last year, the economy grew at just 2 percent, its slowest pace since 2009. A January review by real estate services firm JLL of major foreign international banks in the financial district showed half had either red...

Full article: http://www.reuters.com/article/singapore-property-commerc...

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CORRECTED-To let: Singapore office vacancies to rise as economy falters

CORRECTED-To let: Singapore office vacancies to...

uk.reuters.com 01 Mar '16, 4am

(Corrects paragraph 9 on Societe Generale's office space) * Builders to add 7 mln sq ft office space in 2016-2018 - analys...

CORRECTED-To let: Singapore office vacancies to...

reuters.com 01 Mar '16, 4am

(Corrects paragraph 9 on Societe Generale's office space) * Builders to add 7 mln sq ft office space in 2016-2018 - analys...

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SINGAPORE (REUTERS) - Vacancies at Singapore's gleaming office towers are nearing their highest level in almost a decade, ...

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