Commercial Property
Elite Commercial REIT to finish maiden portfolio acquisition
It plans to issue 131.4 million units at $1.27 per unit.
Elite Commercial REIT to finish maiden portfolio acquisition
It plans to issue 131.4 million units at $1.27 per unit.
UHREIT distributable income hits US$15m
This is 2% higher than the IPO forecast.
JTC unveils Woodlands Industrial Park site for development
Developers may apply for the Woodlands Industrial Park E7/E8 area.
Singapore tops Asian outbound real estate investment for third consecutive year
This accounts for S$16.05 b (US$12.1b) worth of deals in 2020.
CapitaLand records $1.57b net loss in FY2020
This is due to revaluation losses and impairments.
Roxy Pacific revenue crashes by 55% for FY 2020
The loss is attributed to impairments of hotel assets and properties.
Accor to open first Mondrian hotel in 2023
It will comprise 300 guestrooms and suites.
PRIME US REIT posts 3.42 US cents DPU in 2H 2020
Its DPU in FY2020 exceeds IPO forecasts by 3.6% to US6.94 cents.
Singapore office rental slips by 9.5% in 2020
Rental market forecasted to still be on the decline this year.
Chinese tech firms to alleviate consolidation of office spaces
Companies are still evaluating their long-term real estate space requirements.
Lendlease appoints new CEO
This comes as current CEO SteveMcCann announces his planned retirement.
Singapore economy expected to recover: JLL
Direct real estate transactions on the rise despite low volume in 2020.
Ascott expands Citadines brand in Indonesia
It has recently opened serviced residence Citadines Berawa Beach Bali.
GuocoLand reveals $319.6m revenue for H1
Gross profit margin remains stable at about 30%.
Manulife US REIT H2 DPU dropped 11.3% YoY to 2.59 US cents
Its DPU for FY2020 went down 5.4% YoY to 5.64 US cents.
Singapore ranks 5th amongst biggest data centre markets: report
This is amidst Singapore’s existing markets, dense fiber, and array of services.
Shophouse market continues to soar in 2021: report
Recovery in H2 2020 was fueled by interest from buyers as the economy opened.
Read Here
Advertise
Sign Up
