Commercial Property
DBS provides $178.09m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
DBS provides $178.09m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
Manulife US REIT bags 53,000 sqft lease for New Jersey property
It has a tenure of 12 years.
Keppel sets up package in aid of national efforts against COVID-19
The initiative is expected to raise more than $4.2m.
Returns of China-focused S-REITs down 23% in March YTD
CapitaLand Retail China Trust led the declines with a 33% drop in returns.
Chart of the day: Average rents in City Hall, Marina Center fell 12% from 2014 peak
Average rents in the area have been on a downturn since 2010.
Sasseur REIT malls re-open with 129% surge in sales
The first-day sales of its Bishan outlet mall soared 228% to $390,910.
Chart of the Day: Mortgagee sales value jumped 25.3% to $38.5m in 2019
The average ticket size of mortgagee sales almost doubled that of 2018.
United Hampshire US REIT enters interest rate swaps
The fixed rate was lower than expected following the US Fed rate cuts.
Ho Bee Land unit wins tender of Biopolis Phase 6 for $223.6m
It will be completed in 2022, adding another 35,000 sqm of business park space.
Margin calls for S-REITs slim as large-cap demand persists
Investors have been worried as some of these holdings may be leveraged.
Keppel DC REIT unit obtains 5-year loan facility of $78.76m
KDCRFC is set to pre-pay the loan in the case of an agreement breach.
Lendlease floats tenant support package
It includes up to 0.2 months rent abatement per month for April and May.
United Hampshire US REIT's IPO subscribed 3.2 times
Its placement tranche received indications of interest exceeding $307.36m.
Unitholders greenlight FLT and FCOT merger
They also approved the payment of all fees and expenses relating to the proposed merger.
Dwindling retail property supply to be a boon for REITs
A ‘landlord-favourable’ market will persist, whilst occupancy rates could stabilise at 93%.
Can aged care assets buoy Singapore Press Holdings?
Its acquisitions in Japan and Canada would enlarge its recurring income base.
Auction listings hit record-high in 2019 with 1,458 listings
Residential properties led the listings with 798 units.
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