Commercial Property
CDL Hospitality Trust's RevPAR drops further by 1.4%
It is hurt by the bottoming of the hotel market.
CDL Hospitality Trust's RevPAR drops further by 1.4%
It is hurt by the bottoming of the hotel market.
Mapletree Commercial Trust DPU rises 9.9% to 2.2 cents
MCT acquired MBC I and revamped VivoCity.
Chart of the Day: Office space prices down 1.4% in Q2
Rentals also fell by 1.1% in the said quarter.
CDL Hospitality Trust's net property income up 11.4% to $34.9m
It was boosted by the contribution from The Lowry Hotel in the UK.
TEE Land loses $2.4m for Q2
No thanks to high costs of sales and losses from associates.
Lian Beng profit rose 22.9% to $38.4m
Its completed project Mandai Foodlink gave the needed boost.
Chart of the Day: Industrial rents moderate in Q2
The rental index fell to 92.3%.
Affordability sentiment still low amongst property seekers
This is despite the signs of market recovery.
Carl Gabriel Florian Stubbe steps down as OUE Commercial REIT Management's director
He is to pursue other career opportunities.
AA Reit DPU drops 10% to 2.5 cents
Expired leases and lower rentals caused the fall.
Chinese investors paid $3b for Singapore office assets
They also injected over $2b on residential lands in 1H17.
Keppel's property revenue down 17%
It recorded weaker sales in China.
Chart of the Day: Expect a decline in industrial space supply next year
There will only be around 12m sqft of space in the pipeline.
Suntec REIT property income up 12.8% at $59.4m
Its share of profit from Marina Bay interests rose.
Mapletree Logistics' DPU up 2% to 7.44 cents
Thanks to higher occupancy from its diverse portfolio.
CapitaLand Mall Trust's shopper traffic up by 0.4% in H1
But in Q1, shopper traffic declined by 0.5%
Chart of the Day: Average prime rents slip by 2.2%
Rents for prime spaces fell to $24.75 psf/month.
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