Commercial Property
GLP trims stake to just 10% in $10.9b US logistics portfolio
It will be syndicated to three institutional investors.
GLP trims stake to just 10% in $10.9b US logistics portfolio
It will be syndicated to three institutional investors.
Here's how the ten largest REITs fared in the first five months of the year
Guess who the worst performers are.
Amplefield promotes Woon Ooi Jin to CFO
He replaced Yap Weng Yau who shall remain as non-independent director of Amplefield.
Susan Su Shao Fen steps down as Hiap Hoe group financial controller
She intended to pursue other career interest.
SB REIT Management appoints Victor Ng Fook Ai as director
He was also chairman of the Audit and Risk Committee.
Ascendas REIT sells BBR Building for $13.9m
More than double the original purchase price.
Office REITs no longer market darlings as rental growth slows
Prime rents have risen 19% since 3Q13.
Metro Holdings’ net profit up 33.2% to $142.4m in FY15
Thanks to Metro Centrepoint store.
Persistently elevated gearing puts Keppel REIT under threat
Its gearing stands at 42.4%.
Keppel DC REIT snaps up Sydney data centre for $45.3m
This is its maiden acquisition.
Singapore developers win big as China eases property curbs
The measures will be relaxed in 2016.
Yoma Strategic Holdings names Melvyn Pun Chi Tung as CEO
He was CEO of Serge Pun & Associates (Myanmar).
FCL's retail bonds start trading on the Mainboard
This is its first retail bond offering.
Higher borrowing costs hit SREITs in Q1
Debt hedging has also increased.
Retail REITs hog the spotlight as hospitality players stumble
Thanks to stable occupancy rates and higher rents.
Tan Tock Han steps down as Hong Fok Corp director
He was resigned from his post after almost 14 years to give way to board renewal and succession planning.
Transcorp Holdings names Seah Chee Wei as director
He will also be chairman oc the Audit Committee and Nominating Committee and a member of the Renumeration Committee.
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