Commercial Property

Jurong Lake District development to create 100,000 new jobs

Sectors that will benefit are maritime, infrastructure, and technology.

OUE C-REIT prices 3.03% fixed-rate notes at $150m

They will be issued on 5 September 2017.

Wing Tai profits surge 406% to $9.5m in Q4

Thanks to higher profits from its associates and JVs.

OUEHT to ride on recovery of hospitality sector next year

Mandarin Orchard's focus on higher-end market is an advantage.

Will there be a merger between CapitaLand's retail REITs?

Its retail REITs could form an Asia Pacific REIT.

CapitaLand banks on asset recycling to drive returns

It is in the process of divesting close to $2.4b of assets.

Singapore's GIC acquires 16-acre site in India

This is in partnership with Ascendas-Singbridge.

CapitaLand opens US$300m private fund

This will be for its expansion in Vietnam.

Three trends seen in REITs' Q2 earnings reports

One is the apparent bottoming out in the office sector.

Oxley profits down 48% to $43.6m in Q4

Profits from joint ventures dropped by $32.8m.

Why CapitaLand's managed REITs are considered bellwethers

They have the financial flexibility post-sale of non-core assets.

CDL's rental profits dip 11% in Q2

Income is dragged by asset sales.

CapitaLand to benefit from Century Square's temporary closure

Its Tampines Mall could attract shoppers whilst Century Square is being refurbished.