Commercial Property
Ascott clinches seven new management contracts in Southeast Asia
It has expanded its portfolio to five new cities.
Ascott clinches seven new management contracts in Southeast Asia
It has expanded its portfolio to five new cities.
First Sponsor’s profits skyrocket 123.3% to $66.8m
Thanks to contributions from new acquisitions.
RHT’s distributable income climbs 5.7% to $15.26m.
On back of increased revenue, strengthened IDR.
GLP’s Q3 net profit skyrockets 63.8% to $260.7m
Thanks raised contributions from associates and JVs.
CapitaLand Retail China Trust’s income jumps by 10.3% to $89.2m in 2015
On back of its well-placed shopping malls.
Frasers Centrepoint's net profit plunged 47.2% to $98.7m in Q1
Due to lower profits from domestic projects.
JTC to launch tender for reserve site in Tuas South
The tender will be launched at the end of February.
Singapore eDevelopment to place $7m worth of shares to CEO
It’s bidding to improve its balance sheet.
Property investment sales crash to six-year low in 2015
The escalating price mismatch is to blame.
Keppel REIT sells property in Sydney for $160m
The property has 147,000sqft of net lettable area.
Mapletree Greater China Commercial Trust’s net income jumps by 22.3% to $72.5m
On back of its resilient rental demand.
Starhill Global REIT banks on Chinese arrivals as Indonesian tourists dip
Indonesian arrivals dropped by 11.2% last year.
More troubles in store for CDLHT in 2016, say analysts
Supply glut and sinking tourism are main concerns.
Frasers Hospitality Trust’s Q1 net property income surges 16.9% to $26.3m
Thanks to robust Japan, Australia performance.
Neo Group snaps up cold facility in Senoko Way for $15m
It will save up to $840,000 in costs.
Ascendas Hospitality Trust’s FY16 net property income tumbles 9.3% to $23.4m
Blame it on flagging AUD, lower contributions.
Chart of the Day: Here’s the dismal state of industrial rentals in Singapore
And it’s not getting any better soon, analysts say.With the bleak manufacturing landscape in the city-state, headlined by declining outputs of...
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