Commercial Property

Cache sells Hi-Speed Logistics Centre for $73.8m

It is recycling its capital to create debt headroom.

Cache sells Hi-Speed Logistics Centre for $73.8m

It is recycling its capital to create debt headroom.

Cache's NPI rises 10.2% to $23.52m in Q4

It gained from the rental top-up of 51 Alps Avenue and other properties.

CapitaLand inks investment deal for central China development

It's eyeing expansion under its “core city clusters, dominant assets” strategy.

Frasers Centrepoint Limited issues $300m fixed perpetual bonds

The bonds are part of its $5b multicurrency debt programme.

Keppel Land issues $150m 2.68% bonds due 2023

Funds raised from the bonds will be used for general corporate purposes.

$3.2b Paya Lebar Quarter scores tenants for over half of its space

It will have three office towers that will provide nearly one million sqft of space.

First Reit acquires $400m in syndicated secured loans from OCBC

OCBC was authorised as the lead arranger and bookrunner for the facilities.

MGCCT includes Japan in investment mandate

It believes it will grow its assets' values in the country.

Robust office leasing to give rentals needed push

About 70% of Frasers Tower is already pre-committed even before completion.

Prime office rents to rise by 7% in 2018: Colliers

Better GDP and economic conditions drove demand for office space.

Investment sales raised $40.2b in 2017

The residential sector comprised 54% of the deals.

Industrial REITs are on a roll with recent acquisitions

Mapletree Logistics Trust recently bought the remaining share in Shatin No. 3, Hong Kong for $103.7m.

Keppel's property segment dethrones O&M in profits

In 9M2017, property comprised 55% of contributions, whilst O&M comprised 2%.

CapitaLand sells stake in mall owner for $1.71b

It expects to gain net proceeds of $660m and a net gain of $75m.

Time bomb on OUE Bayfront's income support starts ticking

But the level of income support it uses still rose 11.5% in 9M2017.