Commercial Property

CapitaLand divests properties amidst portfolio reconstruction
1 Dec 20
The total value of these divestments are at $448.7m.
Strong recovery expected for real estate: study
27 Nov 20
Recovery is still threatened by prolonged global lockdown.
Conservation shophouse up for sale at $13m
26 Nov 20
It is the last available unit of shophouses for sale since last year.
German indoor vertical farm to establish R&D centre in Singapore
20 Nov 20
It will be co-located with the farm’s planned new mega farm in Changi.
Tong Eng Group secures $71m green loan from OCBC
18 Nov 20
Proceeds will be used for the refinancing of Tong Eng Building.
Singapore's commercial market touted APAC's worst performer in Q3: study
17 Nov 20
Deal value was 86% lower than last year.
Sasseur REIT Q3 distributable income rises 16.9% to $21.2m
17 Nov 20
This was due to lower tax and interest expenses.
Far East Hospitality reveals expansion plans with three new properties
17 Nov 20
They will manage the hotels’ operations under an HMA.
Boutique hotel in Chinatown seeks new owner
17 Nov 20
The guide price for the 84-room hotel has been set at close to $69 million.
Willie Tan on how enterprises can develop strategies in the new normal
17 Nov 20
The senior solution architect in OutSystems is one of the speakers at the Accelerating Digital Innovation and Resilience during the New Normal...
CapitaLand seeks to grow China ‘new economy' asset exposure to $5b
16 Nov 20
It has designated CRCT as its REIT platform for non-lodging assets in China.
ARA, Chelsfield acquire $385.8m green loan for 5One Central
11 Nov 20
The green loan came from DBS and UOB.
Frasers Property profits sink 66.4% in FY2020
11 Nov 20
Revenues dip 5.1% to $3.6b.
Real estate data firm SRX to integrate with 99 Group
10 Nov 20
All SRX employees will be retained.
Ascendas Reit buys 2 San Francisco office properties for $768m
10 Nov 20
The properties will be leased to Stripe and Pinterest.
CapitaLand divests stakes in six China properties for $1.65b
6 Nov 20
Its interests will be acquired by CapitaLand Retail China Trust, in which it holds a 36.23% interest.
Yanlord pre-sales up 69.5% to $12.7b in 10M 2020
6 Nov 20
The group reported approximately $1.89b in presales in October alone.
Green energy research could enhance data centre sustainability
6 Nov 20
Capitaland is working with energy providers to develop green solutions for its power-hungry data centre.
CapitaLand chairman Ng Kee Choe to step down in April 2021
5 Nov 20
 Deputy chairman Miguel Ko will succeed Ng Kee Choe.
Frasers Centrepoint Trust posts 20.4% YoY NPI drop for FY2020
3 Nov 20
DPU fell 25.1% YoY to 9.042 cents for the same period.
Ascott Residence Trust's RevPAU down 70% to $47 in Q3
30 Oct 20
Outlook muted as foreign travel remains limited, other markets see renewed outbreaks.
MAS directs EH REIT to remove its manager
26 Oct 20
The management breached capital requirements three times.
5G and government support boost renewable use for data centres
23 Oct 20
Data centre firms have tempered expectations for green energy sources, but opportunities still await.
Prices of office space inch up 2.2% in Q3
23 Oct 20
But rental prices slipped 4.5%.
Retail property price rise 2.3%, rentals dip 4.5% in Q3
23 Oct 20
Stock retail space took a plunge from a previous increase.
Industrial occupancy rate edges up in Q3, new space falls to record low
22 Oct 20
Only 24,000 sqm of new space was completed during the quarter.
Retail rents tipped to fall up to 15% in 2020
22 Oct 20
Rental gap between suburban malls and in Orchard will continue to narrow.
Keppel DC REIT NPI up 47.6% to $62.37m in Q3
22 Oct 20
DPU for the quarter is 2.357 cents, more than 22% higher than in Q3 2019.
CapitaLand Mall Trust NPI down by 27.6% to $104.4m in Q3
22 Oct 20
However, DPU was 1.3% higher over the same period.
CMT to be renamed CapitaLand Integrated Commercial Trust
21 Oct 20
The trust scheme for the CMT, CCT merger became effective today.
CapitaLand Commercial Trust NPI down 73.1m in Q3
21 Oct 20
DPU fell 9.1% to 2 cents.
Keppel REIT distribution income up 4.6% to $47.6m in Q3
20 Oct 20
This was thanks to income from recently-acquired 311 Spencer Street.
CapitaLand's Ascott secures record over 2,100 new units in China
15 Oct 20
The lodging business unit signed more than 5,600 units in China to date.
Frasers Property profits expected to sink 70% for FY2020
14 Oct 20
The company announced significant impacts by COVID-19.
Frasers Property launches digital building platform
7 Oct 20
The platform offers enhanced contactless capabilities and more.
SPH REIT's NPI up 1.2% in FY2020
7 Oct 20
This was thanks to newly-acquired assets in Australia.
Huttons appoints Mark Yip as CEO
18 Sep 20
Huttons Group has appointed Mark Yip as its new CEO effective 1 November, succeeding Goh Kee Nguan, the group said in a press release.
Keppel REIT to buy an office park in Australia for $303.3m
14 Sep 20
It has a committed occupancy of 96.3% as of 30 June.
Mapletree Industrial Trust to acquire US data centre for up to $356.6m
14 Sep 20
The property valuation is up to 2.2% higher than the purchase considerations.
CapitaLand's Rochester Commons to be completed in Q4 2021
10 Sep 20
It will feature a hotel, an office tower, heritage bungalows, and a centre for learning technologies.

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