Commercial Property
First REIT acquires Indonesian hospital and mall for $70m
It will generate a rental income of $6.9m.
First REIT acquires Indonesian hospital and mall for $70m
It will generate a rental income of $6.9m.
REITs face large-scale restructuring as growth outlook dims
More firms will imitate Saizen REIT.
REITs turn to perpetual bonds to dodge new loan curbs
They issued $700m perpetual notes this year.
These are the five worst-performing REITs on the SGX
An office REIT is the biggest loser.
CityDev turns to surging Europe as Asian hospitality business languishes
RevPAR for the rest of Asia declined by 11.7%.
Cache set to nab $56.4m facility in Australia
It has a lettable area of 58,795 sqm.
CityDev’s net profit slips by 16% to $106.4m
Property development gains failed to deliver.
Yoma's Q2 profits tumble 97% to $0.3m
Heightened admin expenses exacerbated absent LDR sales.
UOL profit slips 2% YoY to $100.8m in Q3
Absent Esplanade contributions is one of many reasons.
Daily Briefing: URA heralds Rail Corridor RFP winner; Asia hedge fund by Ex-Alibaba chief tech officer is bearish on China
And Iskandar landed properties prove popular among Singaporeans.
50% fewer Singapore properties being sold to foreigners
International investors are shunning Asia’s second most expensive property market – so where are they heading instead?
Croesus Retail Trust books JPY13.7m loss in Q1
Loss on derivative financial instruments is to blame.
Educational site in Serangoon put up for sale
It has a land area of 81,457 ft.
Centurion Corporation net profit dips 7% to $7.4m in Q3
Due to significantly higher costs.
Lodge 77 in Upper East Coast Road put up for sale by tender for over $34.2m
The tender closes on December 16.
Suntec City Mall makeover fails to work wonders for Suntec REIT
Final rents failed to meet targets.
REITs roll out desperate tactics to drive growth in tough times
Check out these interesting trends seen in Q3.
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