Commercial Property
FLCT acquires Australian and UK properties for $89.9m
It also sold the remaining 50% of its ownership in a property in Queensland for $150.5m.
FLCT acquires Australian and UK properties for $89.9m
It also sold the remaining 50% of its ownership in a property in Queensland for $150.5m.
Property scene face hazy prospects in H2
Albeit a few bright spots, JLL expects falling rents to persist in all segments.
Chart of the Day: Suburban retail occupancy rates down to 88.8% in Q2
Retailers in the region saw a lack of sales as people avoided malls.
OUE projects net loss in H1
The group saw a fair value loss booked on disposal of approximately of the US Bank Tower.
Ascendas India Trust's NPI up 1% to $73.5m in H1
DPU is declared at 4.56 cents.
CRCT's NPI fell 18.6% to $65.28m in H1
It was affected by the absence of contribution from CapitaMall Erqi.
UOL bags $120m green loan from UOB
The 23-storey hotel is targeted to open in 2021.
Oxley expects net loss for H2 and FY2020
The results will be released on or before 29 August.
MNACT's NPI down 19.5% to $68.5m in Q1 FY2021
The decline was mainly attributed to rental reliefs granted to tenants.
CapitaLand begins construction on third IT park in Chennai, India
Phase 1 will comprise two buildings offering 2.6 million sqft of premium Grade A office space.
Offices in financial district 'highly vulnerable' to rising sea levels: study
Office spaces in 51 buildings are in high flood risk areas as of Q1.
Retail space prices shrink 1.5% in Q2
The island-wide vacancy rate rose to 9.6% during the second quarter.
Office space prices drop 4.3% in Q2
The island-wide vacancy rate has increased to 12.1% during the same period.
Industrial property prices down 1.7% in Q2
However, JTC noted that this does not cover the full impact of the pandemic.
11 retail shops in Sim Lim Square up for sale for $21m
The EOI will close on 25 August.
Elite Commercial REIT posted $15.97m NPI since listing
It saw greater profit than expected due to higher revenue and savings.
CapitaLand Commercial Trust's NPI down 4.5% to $151.1m in H1 2020
Its Singapore properties were affected by upgrading works and lower occupancies.
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