Here's a breakdown of Keppel REIT's amazing portfolio occupancy

The occupancy increased from 97% to 98.2%.

According to CIMB, 3Q12 distributable profit was up 93.6% due mainly to acquisitions. Qoq, DPU was up a marginal 1% on improved NPI and tax-transparency from MBFC Phase 1. Results provided a positive read-through of a stable office market:

Here's more from CIMB:

Take-ups remain positive, lifting portfolio occupancy to 98.2% from 97.0%, mainly from OFC (95.0% from 92.3%), Prudential Tower (100% from 99.5%) and 77 King Street (97.4% from 92.7%). Signing rents remained fairly stable at  S$8-9psf at Prudential Tower andS$12-13psf at Ocean Financial Tower, with no additional incentives offered.

Leasing interest for the latter came from a mix of fund management and new-to-market legal firms. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!