Commercial Property
Hongkong Land's H1 profit crashed 64% to US$1.12b
The company blamed the timing of sales completions in mainland China for lower profit.
Hongkong Land's H1 profit crashed 64% to US$1.12b
The company blamed the timing of sales completions in mainland China for lower profit.
Perennial JV arm invests $564.3m for integrated hub in China
It will soon cater to the mega-region integrated by an HSR in Tianjin.
Retail space prices dropped by 1.3% in Q2
Rentals also suffered from weakness and fell by 1.1%.
Office space prices inched up by 1.9% in Q2
Rental growth was slightly softer at 1.6%.
Ascendas REIT eyes 12 properties in UK
It will be the firm’s debut in the UK logistics market.
Chart of the Day: Industrial rents dipped 0.1% in Q2
Analysts believe rents will be strengthened by the expansion in the manufacturing sector.
Industrial property prices slipped 2.1% in Q2
Occupancy rate remained stable at 88.7%.
Auctioned properties jumped to 9-year high at 454 listings in H1
The aggregate value of properties sold at auctions plummeted to $35.3m.
Suntec REIT bullish amidst office rents upturn
Suntec City's relatively lower rents of $10 to $11 psf/month could lure more tenants.
Daily Briefing: LTA buys 66 new trains for $1.2b; SGX and NSE patch wounds for GIFT City talks
And co-living rental startup Hmlet buys its Hong Kong competitor.
URA allows business operations in some Tiong Bahru residential sites
They will address infringement cases of businesses operating in residential sites without approval.
Mapletree Industrial Trust's NPI up 1.9% to $69.46m in Q1
Its average portfolio occupancy fell to 88.3% from 90% in Q1.
Suntec REIT's NPI up 2% to $123.7m in H1
Its properties yielded high committed occupancy rates.
Frasers Centrepoint Trust's Q3 net property income jumped 13.7% to $35.01m
Revenue recovered after Northpoint City North Wing’s revamp.
Banking tenant terminates lease in Ocean Financial Centre
The tenant paid a one-off pre termination fee amounting to $12m.
Ascott serviced residences could bolster CapitaLand Ascott's fee income by 50%
The 75,000-unit serviced residence has 31,500 units in the pipeline.
Property curbs leave Keppel untouched in H1 2018
Singapore and China property trading gains even partially backed the 214% net profit jump to $603m.
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