Commercial Property
CapitaRetail China Trust gross revenue drops 2.8% in H1 2010
However, in RMB terms, CRCT’s gross revenue achieved a net income of RMB97.2 mln in the second quarter, which is up 8.8% from the same period in 2009...
CapitaRetail China Trust gross revenue drops 2.8% in H1 2010
However, in RMB terms, CRCT’s gross revenue achieved a net income of RMB97.2 mln in the second quarter, which is up 8.8% from the same period in 2009...
Suntec REIT DPU for the second quarter drops 15%
Reversionary rent for its office portfolio was down 2.8% from the last quarter due to tenants taking larger spaces which would command lower rates.
CapitaCommercial Trust's distributable income up 17.8%
The firm unlocked value from the sale of Starhub Centre with S$113.3mln gain.
CB Richard Ellis tops commercial property management firms
CBRE's portfolio surpassed that of #2 firm by 850 million sq. ft.
Keppel Land grows profit to $134.7mln in the first half of 2010
Strong contributions came from Reflections and Caribbean at Keppel Bay and Marina Bay Suites as well as up sales in China and Indonesia properties.
CapitaMalls' RM1.0 bln fund proposal is not yet final
CMA clarifies the details of the billion ringgit proposal in response to a story published by The Business Times on 17 July.
Singapore property market segments rebound in 2Q 2010
Estimated 19.3% economic growth made buyers upbeat on property but caution on European debt crisis remains.
Holland Tower in District 10 is for sale
Jones Lang LaSalle opens rare opportunity to purchase by tender the 21,879 sq ft, 14-storey site.
URA announces two residential areas up for grabs
The two residential sites at Jalan Eunos and Buangkok Drive/Sengkang Central will together make available a total of 1,020 housing units.
K-REIT Asia acquires prime office development in Sydney
Acquisition reinforces K-REIT Asia's strategy to generate stable and growing returns by acquiring quality commercial assets.
Frasers Centrepoint acquires Starhub Centre for $380mln
Addition of 333,000sq.ft building in the heart of Orchard Road will extend FCL's land to 2.2mlnsq.ft.
CBRE appoints Pauline Goh as CEO for SE Asia
Goh, who has been employed by C B Richard Ellis for 27 years, will take over business activities in Singapore and the rest of South East Asia as part...
Three residential sites up for sale
The Urban Redevelopment Authority has released residential sites at Boon Lay Way, Simei Street 3 and Stirling Road for sale, with potential yield of...
June home sales down to 847 units
Despite stronger than expected growth in GDP estimates for 2010, buying interest is seen to remain selective.
Q2 global real estate investment doubles to $66bln
In Asia Pacific there was 39% increase in investment volumes in the first 6 months of this year.
Frasers Centrepoint appoints Chew as Director
Dr Chew Tuan Chiong will be working closely with the Board to determine the overall business and investment strategy of the REIT.
BBR buys Goodrich Park site for $86mln
9,076.9 sq m site can be developed into a 5-storey condominium comprising about 120 units.
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