Commercial Property
Sasseur REIT's rent income down 17.1% to $25.46m
Combined sales of its outlet mall in China dropped 55.7%.
Sasseur REIT's rent income down 17.1% to $25.46m
Combined sales of its outlet mall in China dropped 55.7%.
Chart of the Day: Multi-user factory deals dropped 37.6% in Q1
This comes on the back of manufacturing firms halting expansions.
Frasers Property profits fall 12.1% to $233.84m in H1
This is due to lower contributions from projects and low results from hospitality properties.
City Developments' sales value nearly halved in Q1
This was blamed on the absence of ultra-luxury sales.
Elite Commercial REIT's profit hit $684,550 in Q1
Distribution per unit is $0.01 for the quarter.
Manulife US REIT's occupancy rate widened to 96.5% in Q1
The REIT executed 147,000 sqft of leases, which is 3.2% of its portfolio by NLA.
Chart of the Day: Prices of long tenure multiple-user factories up 2.1% in Q1
The industrial property segment saw very slight changes in median prices.
NetLink's profit up 1% to $78.1m in FY2020
The increase is driven by higher revenue from residential and non-residential connections.
MIT could lose 10-20% of tenants if circuit breaker tightens
Its management estimates that 10% might seek rent deferrals.
SPH REIT to grant full rental waiver to retail and medical tenants
A rental relief of 30% will be given to eligible office tenants.
Government rolls out temporary relief measures for property developers
It extended the completion period of residential, commercial and industrial projects.
Chart of the Day: Retail property vacancy rate widened to 8% in Q1
The take-up of some of the new retail projects was slow during the quarter.
SPH sells 5.29% stake in AXA Tower
Investors entered into a share purchase agreement with Alibaba Singapore.
OUE C-REIT's NPI up 42.5% to $62.08m in Q1
Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI.
Sasseur REIT's first-day spring sales skyrocketed 411% from reopening
Chongqing nabbed the largest share of the first-day spring sales at $5.16m.
Lendlease REIT's NPI up 4% to $16.6m in Q1 from IPO forecasts
Its DPU rose to 1.28 cents from 1.27 cents.
Oxley to clinch $1.4b revenue from Singapore projects
It has sold 73% of its islandwide development portfolio.
Read Here
Advertise
Sign Up
