Commercial Property

Keppel Pacific Oak US REIT's NPI up 15.7% to $58m in H1

This was driven by contributions from One Twenty Five in Dallas, Texas.

Keppel Pacific Oak US REIT's NPI up 15.7% to $58m in H1

This was driven by contributions from One Twenty Five in Dallas, Texas.

3 commercial shophouses in district 1 & 2 launched for sale

The shophouses are located in the popular, hipster areas of Ann Siang and Keong Siak.

CapitaLand Mall Trust NPI crashed 20.8% to $216.35m in H1

This was attributed to lower gross rental income arising from the rental waivers granted to tenants.

Keppel DC REIT's NPI up 32.1% to $114.22m in H1

This is attributed to the firm’s acquisitions of Keppel DC Singapore 4 and DC1.

Mapletree Logistics Trust's NPI up 12% to $118.84m in Q1

This was attributed to lower utilities cost and maintenance expenses.

Keppel REIT NPI dropped 7.2% to $28.81m in Q2

The REIT’s distribution per unit (DPU) inched up 0.7% to $0.14.

Property investment sales crashed 73.4% to $1.7b in Q2

The presence of several big-ticket commercial deals bolstered investment sales.

Keppel Land emits 22% less carbon from 2010

The reduction rate exceeded their 16% mark by 6%.

Raffles Education raises stake in Chinese developer for $49.21m

It will use the developer’s vacant land assets for education facilities.

OUE sells US bank tower for $597.7m

It will streamline its asset ownership when the US property market may not be favourable.

Non-prime location vacancies to rise in H2

This comes as tenants will not be able to operate at full capacity which may lead to shutdowns.

Sabana REIT's NPI fell 15.1% to $20.86m in H1

NPI took a hit following a one-time provision for rental waiver.

ESR-REIT and Sabana REIT propose merger

Sponsor ESR is expected to hold about 12.2% of the units in the enlarged REIT.

ESR-REIT's NPI slipped 16.8% to $80.2m in H1

The company saw lease conversions from single- to multi-tenancy for seven properties.

Green Court along Geylang Road launched for sale

The tender for the mixed-use development will close on 18 August.

Sembcorp sells 30% stake in innovation park developer for $138m

Its JV will hold 20% stake in the developer after disposal.