Commercial Property

ESR REIT buys ramp-up logistics facility for $95.8m

This boosted the REIT’s exposure to the logistics sector to 27.1%.

ESR REIT buys ramp-up logistics facility for $95.8m

This boosted the REIT’s exposure to the logistics sector to 27.1%.

JTC launches two sites in Tuas South Link 3

It also began the tender for a reserve list site in Tuas South Link 1.

CapitaLand Commercial Trust NPI up 10.5% to $77.2m in Q1

It received higher income from Asia Square Tower 2, Capital Tower, and 6 Battery Road.

Mapletree Industrial Trust year-end NPI up 8.1% to $277.6m

Revenue was higher thanks to contributions from its build-to-suit project for HP.

Ascendas Reit Q4 net property income up 2.5% to $157.87m

Its revenue was up due to four newly acquired properties.

CapitaLand Mall Trust NPI rose 4.7% to $125.65m in Q1

High occupancy in IMM, Clarke Quay, and two other properties boosted revenue and income.

Frasers Logistics and Industrial Trust buys 21 European properties for $515.4m

It marks the company’s strategic entry into German and Dutch logistics and industrial markets.

Frasers Commercial Trust NPI down 25% to $22.43m in Q2

It blamed lower occupancy in five properties, including China Square Central.

1 in 4 real estate bosses pick Singapore for relocation

They believe Singapore is a secure space that can mitigate rental escalation.

Ascott REIT's Q1 results hit by weak corporate demand in Singapore

Revenue per available unit fell 7%, causing the surprise of some analysts.

Singapore's industrial property market is bottoming out

Overall industrial leasing activity jumped 35% YoY in the first two months of 2018, the strongest since 2013.

Keppel REIT Q1 net property income down 0.6% to $31.22m

Its property income from 275 George Street crashed 26.5% to $3.74m.

Chart of the day: Industrial leasing activity hits a 5-year high

It jumped 35% YoY as the number of firms optimistic on the manufacturing sector stayed on the upside.

Soilbuild Business Space REIT NPI fell 11.6% to $16.m in Q1

It blamed lower contributions from 72 Loyang Way, West Park BizCentral, and Eightrium.

Keppel Infrastructure Trust Q1 profit up 10.9% to $7.5m

This was due to higher contributions from City Gas and lower fees incurred from Basslink's outage.