Potential targets include Fuji Xerox Tower and City House.

Contributions from acquisitions like Centerpointe and Penn and Phipps boosted income.

Utilisation rates are tipped to hit 87% in three years time.

Landlord-operated brands include csuites by Lendlease which occupies 72,000 sqft, whilst Guoco Midtown will set aside up to 97,500 sqft of their...

Rents may continue to rise as supply remains limited.

This is mainly due to contribution from the OUE Downtown office acquired last November.

Demand hit 376,000 sqft even if there were no new completions of office space in Q2.

GIC was looking to divest its 50% stake in the tower since September 2018.

Property investment in Singapore doubled, with the office sector hauling in $6.37b in investments.

Home sales in its core markets of Singapore and China declined.

63 strata-titled retail transactions were lodged in Q2, up 50%.

Net debt rose to US$3.9b due to land acquisitions.

Rents across its malls grew whilst operating expenses dipped.

Allianz will own 60% of the assets whilst Gaw Capital will hold the remaining 40%.

Rents for first-storey and upper-storey multi-user factories also slipped 0.5%.

Mapletree Commercial Trust was the strongest performer with YTD total returns of 28.6%.

It outgrew the residential segment where investments plummeted to $914.2m.

Rentals of office space also rose 1.3% in the same period.

Sinking fund contribution for Suntec City Office’s upgrades worth $8m hit earnings.