Commercial Property

Here’s why Ascendas REIT had a gloomy December

It’s acquisitions last month weren’t accretive.

AccorHotels to operate two hotels in Singapore and Malaysia

Together, the hotels add 534 rooms to AccorHotel’s portfolio.

GLP inks new leases totalling 87,000 sqm in China

Customers include JD.com and Best Logistics.

Yoma inks 50-year lease extension with Myanmar Rail Company

The lease will be redrawn into two separate agreements.

Keppel wrests full ownership of Keppel Bay Tower

The company has acquired the remaining 30% interest.

Ascendas REIT issues 90m new units for $200m

Its private placement now has 2.5b units.

Ascendas launches third office space fund in Korea

It holds recently acquired $289.6m Jongro Place.