Commercial Property

Mapletree Industrial Trust plans acquisition of 29 US data centres for $1.7b

This could make MIT one of the largest owners of data centres among Asia Pacific REITs.

Mapletree Industrial Trust plans acquisition of 29 US data centres for $1.7b

This could make MIT one of the largest owners of data centres among Asia Pacific REITs.

CapitaLand pledges $3.2m for COVID relief efforts in India

The company has committed approximately $9m for COVID relief in Singapore, China, and India.

Flexibility and technology to drive a doubling in leasing activity: Colliers

These are necessary to understand the changes needed in the workplace.

Waterway Point owner obtains $589m green loan

This raises the green loans portion of Fraser Centrepoint Trust’s portfolio to 18%.

PropNex launches expansion to Cambodia

The expansion will boost the firm's salesforce to 12,000.

Prime US Reit net property incomes slips 2% in Q1

More than 90% of its portfolio was occupied during the pandemic.

ARA boosts stake in Kenedix to 30%

The target company is considered Japan’s largest independent real estate asset management group.

Cromwell European REIT net property down by just 0.4%

The real estate investment trust attributed its stable income to its expansion into four European countries.

Frasers Property net income up 18% despite hard-hit hospitality sector

Frasers Property reported a net income of $275.8m for the first half of 2021.

IFCA MSC Berhad wins Mobile - Hospitality & Leisure trophy in Malaysia Technology Excellence Awards

Its touchless mobile internet hotel management solution HotelX leads in digitising hotel businesses in the hospitality industry.

Singapore commercial property market activity leaps by 200%

Singapore is amongst those countries building momentum in the commercial market this year.

Lendlease REIT properties enjoy near-perfect occupancy

Tenant sales recovered by 94% to end the first quarter at near pre-pandemic levels.

Hongkong Land “uncertain” over COVID-19's full-year impact

The property firm has yet to determine how the prolonged pandemic will affect its performance.

ESR-Reit launches private placement to raise $150m

It will be used to fund the acquisition of Singapore and Australian assets.

SingHaiyi Group launches three-way joint tender

The tender is for the well-known $276.8m property in Maxwell Road.

Ascendas REIT private placement oversubscribed at $2.944

Parts of the proceeds of the private placement will be used to fund its acquisition of Galaxis.

HDB resale volume dips by 4.4% in April

This comes as the prices of those resales continue to rise for the tenth month in a row.