Commercial Property
CapitaLand Q2 profits up 4.4% to $605.52m
Higher handover of units in China and new properties boosted revenue.
CapitaLand Q2 profits up 4.4% to $605.52m
Higher handover of units in China and new properties boosted revenue.
JTC tenders Corporation Drive industrial site
An applicant committed a bid price of $20.7m.
Three shophouse plots in Little India and Prime Chinatown launched for sale
Guide prices range from $6m to $18m.
OUE H1 profits plummeted 64.9% to $6.35m
It missed contributions from its development property division.
Climbing office rents could turn off tenants: CBRE
Singapore had the fourth strongest premier rental growth across Asia at over 4.1%.
Healthy demand in Australia bodes well for Frasers Logistics and Industrial Trust
The additional industrial supply did not hinder demand from flourishing in Sydney.
Ascendas REIT to buy Australia business park for $33.9m
It has a gross lettable area of 8,216 sq m.
Perennial Real Estate H1 profits crashed 75.3% to $13.79m
It lost revenue after the sale of its stake in TripleOne Somerset.
Keppel acquires 50% stake in US elderly housing operator Watermark for US$77.3m
Watermark manages 52 senior housing committee in 21 US states.
Robinson 77 up for sale at $725m
Another 74.5 years are left on the lease with the building 91% occupied.
Ascendas REIT's proposed UK acquisitions could lift income
It could strengthen the firm’s portfolio characteristics such as higher proportion of freehold land and longer lease expiry tenor.
Two 999-year office floors in TPI Building up for sale at $24m
Both are to be sold with existing tenancies.
Frasers Logistics and Industrial Trust net profit jumps 22.4% to $30.9m in Q3
It was backed by contributions from completed property acquisitions in 2017.
GB Building's podium block and 4 office floors up for sale
They have guide prices of $3,200 and $2,000 psf respectively.
JTC unveils site under Industrial Government Land Sales programme
The tender Woodlands Industrial Park will close on September 25.
Ascendas India Trust to buy 2 buildings in Indian tech hub
The total price is expected to hit $277.5m.
Ascendas REIT NPI up 3.8% to $159.2m in Q1
Property acquisitions and redevelopment sealed its NPI's growth.
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