Commercial Property

New Shaw Tower to become high-tech workspace: Lendlease

The construction of the 200-metre tower is seen to be completed in 2025.

CapitaLand Investment’s revenue rose to $598m in Q1

It increased by 16% compared to the first quarter of 2021.

Frasers Property’s attributable profit down by 42.6% in H1

It posted a $158.2m attributable profit amidst geopolitical tensions.

Prime US REIT's net income jumps 10.4% YoY to $35.28m in Q12022

The REIT's new assets, Sorrento Towers and One Town Center, contributed to the growth.

Office units in 20 Cecil Street on sale for $75.88m

The office units will be on sale until 14 June 2022.

Mapletree Industrial Trust outlook is ‘positive,’ says UOB KayHian

This is due to its growth in power-constrained markets.

UOB Kay Hian trims its 2023 and 2024 DPU forecast for CICT by 1%

The analyst cited the higher cost of electricity for the revision.

Lendlease logs almost 100% occupancy due to high quality tenants

It also reported a healthy retention rate of 71.1%.

Far East Hospitality Trust’s distribution yield to improve by 5.7% in 2023: UOB KayHian

Reopening borders and hotel contracts will improve distribution yield.   The distribution yield of Far East Hospitality Trust (FEHT), a real estate...

Industrial occupancy falls to 89.8% in Q1 2022: JTC 

Despite the drop in occupancy, the rental index still rose by 1.0%.

Industrial occupancy to 'bounce back' in next quarters

The occupancy rate dropped to 89.8% in Q1 2022.

CICT’s net property income up by 0.5% YoY in Q1

This was due to its integrated development performance.