Commercial Property
Keppel Corp's profits crashed 25.5% to $706.98m in 2019
Its other operating income plunged 67.1% partly from lower gains from disposing subsidiaries.
Keppel Corp's profits crashed 25.5% to $706.98m in 2019
Its other operating income plunged 67.1% partly from lower gains from disposing subsidiaries.
Chart of the Day: Retail space pipeline until 2022 to hit 602,000 sqft
Supply per year falls far behind the past three-year average of 1 million sqft.
Retail space rents grew 2.3% in Q4 2019
Even with a quarterly increase, a rental gap could emerge as landlords shake up tenant priorities.
Office rents edged down 3.2% in Q4 2019
Demand is expected to be subdued in 2020 due to companies’ budget restraints for expansion. Office space rents saw a decrease of 3.2% in Q4 2019, a...
Mapletree Commercial Trust's NPI up 17.6% to $103.30m in Q3
Its office and business park assets’ gross revenue and NPI rose.
Frasers Centrepoint Trust's NPI up 2.6% to $36.32m in Q1
Income from PGIM ARF boosted its growth.
Chart of the Day: Retail occupancy rates in Orchard/Scotts Road hit 94.2% in Q3 2019
The area posted the highest occupancy rate for retail properties.
Parkway Life's Q4 2019 NPI up 2.3% YoY to $27.3m
Whilst, the firm’s revenue fell 1.9% for the quarter.
Keppel Pacific Oak US REIT's NPI jumped 31.8% to $100.88m in 2019
The contributions from The Westpark Portfolio boosted revenue in Q4.
Keppel DC REIT's NPI climbed 12.4% to $177.28m in 2019
Full- year contributions from Keppel DC Singapore 5 boosted its distributable income.
CapitaLand Commercial Trust NPI up 2.1% to $321.22m in 2019
It received higher gross revenue from 21 Collyer Quay and Capital Tower in Q4.
Mapletree Industrial Trust's NPI grew 14% to $81.91m in Q3 2019
Improved occupancy from its business park buildings drove growth.
CMT and CCT merge to form Singapore's largest REIT
It is set to be CapitaLand’s primary investment vehicle for commercial real estate in Singapore.
CapitaLand Mall Trust's NPI up 13.1% to $558.22m in 2019
The acquisition of Infinity Mall Trust was its main revenue driver.
Chart of the Day: Warehouse and logistics rents fell 0.8% in Q4 2019
Weak manufacturing performance dragged on industrial demand.
The worst may be over for MNACT
Much of the drag in earnings from Festival Walk’s closure already occured in Q3.
Keppel Infrastructure Trust back in the black with $10.19m profit in 2019
Earnings was largely driven by contributions from Australian chemical farm Ixom.
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