Commercial Property
Oxley Holdings posts 90% profit plunge to $3.56m in Q2
It was blamed on lower revenue contribution from the development project in the UK.
Oxley Holdings posts 90% profit plunge to $3.56m in Q2
It was blamed on lower revenue contribution from the development project in the UK.
Lendlease Global Commercial REIT's NPI hit $16.18m in Q2 FY2020
Leases at 313@somerset boosted its revenue.
Frasers Property's retail unit acquires manager of 6 retail malls and 1 office tower
AsiaMalls Management will become a subsidiary of Frasers Property Retail.
PayPal refreshes its Singapore Innovation Lab with tech offerings
It has a facial recognition system to register guests to its in-house Augmented Reality-supported bar.
CRCT sells interest in company holding CapitaMall Erqi for $165.2m
It would allow the company to avoid downtime from refurbishing the 15-year-old mall.
Elite Commercial REIT joins the SGX Mainboard
It was listed under the stock code MXNU.
Frasers' subsidiary creates $186.1b multicurrency debt issuance programme
Net proceeds from the issued securities will be used to finance future acquisitions of the company.
Frasers Property to redeem $700m perpetual securities
The redemption price was set at $250,000 for every $250,000 in nominal amount.
Debao Property seeks extension for release of financial results
Some of its key finance personnel were stuck in Wuhan.
Elite Commercial REIT IPO oversubscribed 3.4 times
The IPO is expected to raise about $140.38m.
Chart of the Day: Tech firms beat finance companies in filling office spaces in 9M 2019
The tech sector’s growth was partly attributed to Singapore’s strong IP rights protection.
Office supply to tighten over the next decade
This may allow rents to rise 20% in the CBD over 2020-2022.
Travel ban from China may impact Orchard Road malls
Chinese visitors spent more on consumables compared to the average visitor.
Daily Briefing: Hotels with 2019-nCoV cases to get financial aid; MacPherson Road industrial building sold for $88m
And digital identity software provider GTRIIP bags Series B funding.
Ascendas REIT's NPI up 8.5% to $182.3m in Q3
Its logistics assets in the UK led has the most contributions.
OUE C-REIT's NPI leapt 48.3% to $204.95m in 2019
The growth was mainly attributed to the company’s merger with OUE H-trust.
Keppel Capital forms JV with healthcare firm Australian Unity
It will buy a 100% stake in an Australian REIT for $365,880.
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