Commercial Property
Over 2 out of 5 SMEs crippled by extremely high rents, manpower costs
This should be addressed in the 2015 budget, says KPMG.
Over 2 out of 5 SMEs crippled by extremely high rents, manpower costs
This should be addressed in the 2015 budget, says KPMG.
Tough leasing environment mars Mapletree Industrial Trust’s decent Q3 results
Its net property income grew to $58m.
Keppel T&T’s profit surged 342.6% to $308.2m in FY14
Thanks to disposals and divestments.
CapitaCommercial Trust’s net property income up 3% to $50.6m in Q4
Distributable income climbed to $63.6m.
Cambridge Industrial Trust’s net property income up 3% to $19.5m in Q4
Its revenue jumped 12.6%.
Mapletree Logistics Trust’s net property income up 3% in Q3 on back of property acquisition spree
It raked in $69.5m last quarter.
Keppel REIT’s net property income slipped 8% in Q4 on back of Prudential Tower divestment
Gross revenue dropped 11%.
REITs could drop 10% in 2015, says Nomura
If the government bond yield rises above 2.5%.
Mapletree Commercial Trust Management names Sharon Lim Hwee Li as COO
She was director and CEO of CapitaMalls Malaysia REIT Management.
Office rents to decline in Q4 as financial services industry outlook deteriorates
The energy industry’s prospects are bleak as well.
Perennial Real Estate Holdings mulls acquisition of AXA Tower
It will hold a 30% stake in the property.
Geylang condo values to rise only if the area sheds off red light reputation: analysts
Will Kranji soon replace it?
Centurion mulls establishing a dormitory REIT
This will just be a short-term catalyst.
First REIT’s revenue climbed 12% to $93.3m in FY14
Its DPU gained 7% to 8.05 cents.
Daily Briefing: Residential investment sales surge over 100% in Q4; Buyers snapped up 31 Marine Blue units
And controversial Forest City project approved.
High rents, strict worker levies top businesses’ woes in 2015
8 out of 10 firms are crippled by high costs.
Daily Briefing: Lend Lease delivers INSEAD's S$55m Leadership Development Centre; TDSR left its mark on home prices
And STB, Temasek plan new nature attraction in Mandai.
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