Commercial Property
Frasers Centrepoint Trust completes $338m divestment of Changi City Point
The net proceeds from the divestment is $329.7m.
Frasers Centrepoint Trust completes $338m divestment of Changi City Point
The net proceeds from the divestment is $329.7m.
Parkway Life Reit DPU up 2.8% in YTD 2023
The company's gross revenue recorded 24.6% growth due to higher hospital rents.
First Reit DPU down 6.1% in 9M
The current distribution per unit (DPU) declined to 1.86 cents.
Prime retail rents to increase between 3% to 5% in 2023
In 3Q23, the average gross rent of prime spaces island-wide rose 4.3% YoY to $26.70 psf pm.
Starhill Global REIT Q1 revenue dip 1% to $47.1m
NPI slightly increased by 0.4% YoY at $37.4m.
Frasers Centrepoint Trust receives 3.6 million units in performance fees
Every unit in FCT is issued at a price of $2.1903.
Commercial property demand softens for fifth-straight quarter: study
Some investors are holding off investment plans due to the rising interest rates.
Industrial landlords may have to lower rents as supply outweighs demand – expert
There is an average annual supply of 1.0 million sqm coming onstream between 2024 to 2026.
ESR-LOGOS REIT's maiden Japan acquisition achieves 100% occupancy
The REIT acquired the asset in 2022.
Digital Core REIT’s property net income down 3.7% YoY in 9M23
Its AUM was at US$1.59b.
CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
Industrial prices and rentals continue to rise amidst drop in occupancy
In 3Q23, prices rose 6.2% YoY, whilst rentals increased by 9.3% YoY.
MPACT's net property income rises 2.2% QoQ to $183.2m in 2QFY23/24
The REIT likewise reported gains in its gross revenue and DPU.
Retail recovery drives 1.2% YoY increase in CLCT's net property income in 9M23
In 9M23, the REIT recorded a net property income of RMB316.4m ($59.8m).
High Street Centre up for sale via public tender for $748m
The tender closes on 25 January 2024.
Mapletree Industrial Trust's net property income drops 1.4% YoY to $128.6m in 2QFY23/24
In the same quarter, DPU fell 1.2% YoY.
CICT posts 0.6% YoY higher net property income of $275m in 3Q23
The REIT attributed its improved NPI to higher gross rental income.
Read Here
Advertise
Sign Up
