Commercial Property
Prime US REIT NPI up 6% to $135.21m in FY2021
Its distributable income also increased by 4.9% to $101.52m for FY2021.
Prime US REIT NPI up 6% to $135.21m in FY2021
Its distributable income also increased by 4.9% to $101.52m for FY2021.
CBD Grade A rents lead charge in office market
The 0.5% QoQ increase in Q4 2021 reflected the market's resilience.
FEHT net property income up 16.1% in 2HFY2021
Net property income was up 4.1% for the full financial year.
Lendlease REIT lays down add'l 313@somerset floor area
The approximately 10,000 sqft will maximise the property's full potential.
Lendlease REIT to acquire the remaining interest in Jem for $2.079b
This will result in the REIT owning a direct 100% stake in the property.
Court moves MNACT’s trust application scheme hearing on 21 February
It was originally scheduled for 18 February.
Lendlease acquires additional plot within TRX
This is the second joint-venture agreement between Lendlease and TRX City Sdn Bhd.
FLCT overseas vacancy rates remain tight in Q1 2022
Logistics properties in the UK, Europe, and AU remain at 100% occupancy.
Acquisition dispute: Keppel unit pursues arbitration action vs SPH
The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.
Commercial real estate acitivty soars 177% to $12.09b in 2021
The sale of One George Street drove the market turnaround.
Manulife H2 2021 a miss: Maybank
But improvements in operations were seen due to strong leasing momentum.
CLD and CICT-backed CapitaSpring completes construction with 93% in leasing commitment
Included in the property is over 673,000 square feet of workspace and retail area.
CBRE offers $30m retail podium for sale
Submission of expression of interest closes on 16 March.
Three freehold corner shophouses to go on sale
Savills Singapore will serve as the exclusive marketing agent for the sale.
Ascendas REIT total amount for distribution up 17% YoY to $630m
A record $2.1b worth of new investments were seen across the business space.
CBD Grade A office rents projected to grow 4.6% in 2022
SG's positive economic outlook pushed the office market this year.
COVID slashes $0.2m from FLCT’s distributable income
The pandemic, however, had no material impact on the REIT’s portfolio.
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