Commercial Property
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
Food factory site at Senoko Drive for sale
The property is on sale via private treaty at a price of S$8.8m.
Retail mall Liv@Changi for sale at $36m
It is zoned commercial, and foreigners will not have to pay ABSD or SSD.
184-room Geylang hotel for sale at S$120m
The Yaju Hotel is just 1 of 5 hotels in Geylang with more than 150 rooms.
F&NHB unit leases parcel of land in Cambodia for US3.86m
The lease term will be 50 years.
Logistics rents climb 8% YoY in 2H23
Singapore had the sixth-highest rent growth in APAC.
Keppel Pacific Oak US REIT’s distributable income falls 10.1% YoY to US$26.1m in FY23
The REIT attributed the decline to higher financing costs.
Industrial sector may see rents softening, vacancies rising this year: expert
The island-wide vacancy rate forecasted to increase to 12.5%.
CapitaLand Investment establishes new lodging private fund
The fund has a target equity size of $800m.
Centurion to record ‘substantial increase’ in FY23 net profit
The company said the increase is mainly attributable to net fair value gains.
Far East Hospitality Trust’s net property income jumps 27.7% YoY to $98.7m in FY23
With improved NPI, the REIT recorded a full-year DPS of $0.0409.
Singapore leads commercial real estate investments in APAC
Commercial investment volume in Singapore grew 462% QoQ and 110% YoY in 4Q23.
Dasin Retail Trust taps Wang Peng as new CIO
Wang previously worked for Sino-Ocean Group.
High court grants order for sale of GSM building to LHN
LHN plans to complete the acquisition of the asset on 9 May.
Hatten Land widens net loss to RM20.8m in 2Q24
Loss per share also widened to RM0.0111.
Tourism rebound to fuel retail rental growth in Orchard this year: expert
Rents to rise by up to 5% in Orchard, 2% to 3% in fringe, suburban locations.
Sales value of strata office units climbs 1.8% YoY to $1.17b in 2023
Volume was similar to 2022’s level.
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