Commercial Property
New acquisitions boost CapitaLand Ascendas REIT's SG portfolio occupancy to 92.3% in 1Q23
The REIT recently acquired properties at 622 Toa Payoh Lorong 1 and 1 BurohLane.
New acquisitions boost CapitaLand Ascendas REIT's SG portfolio occupancy to 92.3% in 1Q23
The REIT recently acquired properties at 622 Toa Payoh Lorong 1 and 1 BurohLane.
Prices and demand for shophouses to pick up in the coming months
The ABSD rate hike will help drive demand in the market.
Mapletree Logistics net property income dips 1.8% YoY to $154.3m in 4Q FY22/23
The REIT attributed the decline to the depreciation of foreign currencies against the Singapore dollar.
Industrial occupancy, rental growth to ease further: experts
Huttons said rents of industrial space may see not more than 3% growth in 2023.
Mapletree Industrial Trust’s net property income rises 9.7% YoY to $518m in FY22/23
Despite the increase, the REIT posted a lower DPU of $0.1357.
Travel recovery boosts Frasers Hospitality Trust’s NPI to $45.2m in 1H23
The REIT’s net property income rose by 42.9%.
Industrial occupancy drops to 88.8% in 1Q23
The occupancy rate is lower than the 4Q22 record by 0.6 percentage points.
MPACT’s NPI up 82.2% YoY to $177.4m in Q4 FY22/23
The real estate firm said all markets documented positive rental uplifts.
CDL Hospitality Trust’s net property income grew 35% YoY in Q1
The highest net property income (NPI) increase comes from Singapore.
HDB shophouse in Marine Parade up for sale
The property is on sale via an Expression of Interest exercise.
Industrial property on Woodlands Avenue up for sale by tender
Interested parties can buy the Tenderer's Packet at $181.90.
Three adjoining freehold retail units along MacPherson Road for sale
Expression of interest closes on 25 May at 12 noon.
CapitaLand India Trust net property income up 5% YoY in Q1
Its total property income rose 8% due to higher occupancy, amongst others.
Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23
The REIT attributed the decline to increased borrowing costs amongst others.
Digital Core REIT’s NPI down 2.3% YoY in Q1
Its net property income (NPI) declined to US$17.4m ($23.2m).
Divestment of Daikanyama hits Starhill Global REIT’s NPI
The net property income (NPI) declined 1.3% YoY in 3Q FY22/23.
Chart of the Day: Shophouse sales volume down 46% YoY in Q1
It went down to 28 deals in the first few months of the year.