Commercial Property
GLP suddenly slashes China development targets due to leasing market weakness
Targets have been pushed back by almost a year.
GLP suddenly slashes China development targets due to leasing market weakness
Targets have been pushed back by almost a year.
Starhill Global REIT hit with forex troubles in Q2
It's bogged down by weak regional currencies.
The age of easy money is over for SREITs
It will be tough to make good acquisitions.
Singapore’s first dedicated F&B development to open in East Coast Road
Katong Square plans to open at the end of the year.
Ho Bee acquires fourth London office property for $307m
It’s currently leased out at $13m per year.
Thong Sia Building sold for $380m in Singapore’s largest ever mixed-use collective sale
It was sold to a private investment group.
Parkway Life REIT's net property income up 1.5% to $24m in Q2
On back of higher rental income.
Are investors overly pessimistic on office rents?
It’s not all gloom and doom out there, says CCT.
CDL Hospitality Trust's net income dipped 9.7% to $20.4m in Q2
Blame it on lower hotel rates.
GLP unleashes acquisition party in the USA, snaps up US$4.55b logistics portfolio
It will be the US' second-largest logistics property player.
Fortune REIT's net property income grew 12.6% to $115.3m in H1
On back of solid rental growth.
Healthcare REITs cash in on rich, rapidly aging Asians
They can breeze through the economic slowdown.
Suntec City's leasing woes are far from over, analysts warn
Passing rents are below target.
Yoma’s net profit jumped 77.7% to $2.6m in Q1
On back of higher real estate revenue.
It's all doom and gloom for struggling hospitality REITs
Overseas income won't pick up the domestic slack.
Chart of the Day: Island-wide retail vacancy rate climbed to record high in Q2
Vacancy rate jumped to 7.2%.
Office rents suffered steepest decline in almost six years in Q2
Rents fell by 2.6%.
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