Commercial Property
Frasers Property profits expected to sink 70% for FY2020
The company announced significant impacts by COVID-19.
Frasers Property profits expected to sink 70% for FY2020
The company announced significant impacts by COVID-19.
AA REIT completes $129.6m acquistion of 7 Bulim Street property
It now owns 26 industrial properties in Singapore.
Frasers Property launches digital building platform
The platform offers enhanced contactless capabilities and more.
SPH REIT's NPI up 1.2% in FY2020
This was thanks to newly-acquired assets in Australia.
FCT raise $575m from private placement
The placement was approximately 2.8 times oversubscribed.
Huttons appoints Mark Yip as CEO
Huttons Group has appointed Mark Yip as its new CEO effective 1 November, succeeding Goh Kee Nguan, the group said in a press release.
Keppel REIT to buy an office park in Australia for $303.3m
It has a committed occupancy of 96.3% as of 30 June.
Mapletree Industrial Trust to acquire US data centre for up to $356.6m
The property valuation is up to 2.2% higher than the purchase considerations.
CapitaLand's Rochester Commons to be completed in Q4 2021
It will feature a hotel, an office tower, heritage bungalows, and a centre for learning technologies.
CapitaLand Mall Trust secures $200m sustainability-linked loan from UOB
UOB will offer CMT tiered interest rates based on its annual green assessment.
Yanlord's contracted presales hit $9.56b in August
Its total contracted presales rose 73.5% in the first eight months of 2020.
Frasers Centrepoint Trust buys remaining 63.1% capital in AsiaRetail Fund for $1.06b
FCT also plans to raise $1.3b via an equity fundraising.
MIT completes acquisition of 14 US data centres for $292.8m
It will use a portion of the $410m proceeds from its private placement in June.
Frasers Property Retail rolls out Frasers eStore
The platform will integrate two loyalty programmes.
ESR-REIT manager believes merger with Sabana 'beneficial'
Benefits will include a larger free float and larger asset base, it claimed.
ESR Cayman assures no conflict of interest in ESR-Sabana merger
There is no common sponsorship in the Sabana REIT manager, it said.
Chart of the Day: Property investments plunged 73.4% to $1.7b in Q2
No transactions in the public sector were recorded during the quarter.
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