Commercial Property
Chart of the Day: Occupied office space surged by 19,000 sqm in 1Q15
As firms continue to make Singapore their home.
Suntec REIT under threat from low occupancy rate, soft rents at Suntec City Mall Phase 3
The mall is not delivering as promised.
Retail space vacancy rate soared to record high as major retailers exit
Island-wide vacancy rate jumped to 6.8% in Q1.
Ascendas REIT braces for headwinds as factories, warehouses lose lustre
Business parks might be unable to save the day.
Frasers Commercial Trust snaps up Melbourne office building for $231.6m
This is its maiden foray into Melbourne.
Suntec REIT's net property income jumped 17.3% to $51.3m in Q1
Thanks to the opening of Phase 2 of Suntec City mall.
Ascott Residence Trust's gross profit up 10% to $43.1m in Q1
On back of its acquisitions.
Strata-titled industrial sales stagnant amid shrinking pool of buyers
And a widening price mismatch.
Lim Teng Neng steps down as Transcorp Holdings director
He gave way to the refreshment of the board after almost 15 years as board member.
Chen Siew Loon quits as Cedar Strategic Holdings CFO
His misunderstanding with the management prompted him to relinquish his post.
Viva Industrial Trust Management names Tan Kim Seng as director
He will also be a member of the Investment Committee and Renumeration Committee.
Viva Industrial Trust's net property income jumped 25.8% to $12.4m in Q1
Due to higher rental contribution from new tenants.
F J Benjamin sells four properties in Hong Kong for $14.5m
It’s divesting non-core assets.
Cache Logistics Trust's net profit up 0.6% to $19.7m in Q1
Thanks to newly-acquired properties.
Soilbuild REIT to raise $90m via private placement exercise
111.8m new units will be issued.
Frasers Centrepoint Trust's net property income grew 14.1% to $27.2m in Q2
Thanks to the addition of Changi City Point.
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