Commercial Property
Singapore occupiers shifting towards flex leases
Colliers Singapore’s Bastiaan van Beijsterveldt spells out the advantages and implications of this growing trend of flex leases.
Singapore occupiers shifting towards flex leases
Colliers Singapore’s Bastiaan van Beijsterveldt spells out the advantages and implications of this growing trend of flex leases.
LHN procures River Valley asset for $23.25m
The property consists of 12 units an a total land area of 388.4 sq.m.
CDLHT NPI surges 23.3% in H1
The group’s revenue reached $119.2m for the half year.
Land-based factory in the West region for sale for $6m
The sale will be via a private treaty.
CapitaLand Ascott Trust sees 31% YoY jump in gross profit in 1H23
The REIT attributed the increase to the strong operation performance of its properties.
Starhill Global REIT net property income up 2.2%; DPU is 1.98 cents for H2
Gross revenue rose 0.7% to S$187.8m in FY2022/23.
Far East H-Trust NPI up 30.7% to $49m in H1, RevPAR at S$133
Distribution per stapled security or DPS is 1.92 cents for the period
CBD commercial shophouse for sale for $19.8m
The expression of interest for 8 Circular Road will end on 22 August, 12 pm.
Stability expected for industrial property despite worrying manufacturing sector
Demand and occupancy rates continued to rise in the second quarter of 2023.
Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1
Higher borrowing costs tempered growth in the net property income.
OUE C-REIT’s distributable income drops 3.3% YoY to $57.6m in 1H23
This translates to a 2.8% YoY lower distribution per unit.
AIMS APAC REIT posts 4.2% YoY higher net property income in 1Q24
It recorded an NPI of $32.3m.
Keppel Pacific Oak US Reit’s DPU drops 17.2% YoY in H1
The distribution per unit (DPU) was at 2.50 US cents (3.3 cents).
Keppel Infrastructure Trust’s DPU increases to 1.93 cents in H1
It was a gradual increase of 1% increase YoY.
Two sites launched under IGLS programme
The sites are located in Tampines North Drive and Jalan Papan.
PLife REIT NPI up 25.1% YoY to $70.1m in H1
Its gross revenue rose by 23.6% YoY to $74.4m.
CapitaLand Malaysia Trust’s net property income soars 51.8% YoY to $16.6m in 2Q23
Contribution from Queensbay Mall lifted the REIT’s income.
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