Commercial Property
OUE C-REIT's DPU down 15.4% to 1.2 cents
OUE C-REIT's DPU down 15.4% to 1.2 cents
A $150m private placement diminished the company’s DPU.
Oxley acquires 7.11% stake in United Engineers
The acquisition is worth $120.3m.
Ascott acquires Funan residence area for $170.3m
$80m of the total fund will go to development of its lyf brand.
Investors mull over selling AXA Tower for $1.65b
The tower will be sold for no less than $2,150 psf.
Starhill Global REIT falls 8.5% to 1.18 cents for Q4
Wisma Atria Retail and office properties performed poorly for the quarter.
Mapletree Greater China Commercial Trust DPU up 0.1% to 1.9 S-cents
Higher shopper traffic and sales from Festival Walk pushed the revenue up.
Chevron House in Raffles Place up for grabs
It comprises a 5-storey retail podium and a 27-storey office tower.
CapitaLand Mall Trust fends off competition with mall renovations
It is revamping Bukit Panjang Plaza and Raffles City.
Chart of the Day: Retail space occupancy decline eases in Q2
The amount of occupied retail space decreased by only 3,000 sqm.
CDL Hospitality Trust's RevPAR drops further by 1.4%
It is hurt by the bottoming of the hotel market.
Mapletree Commercial Trust DPU rises 9.9% to 2.2 cents
MCT acquired MBC I and revamped VivoCity.
Chart of the Day: Office space prices down 1.4% in Q2
Rentals also fell by 1.1% in the said quarter.
CDL Hospitality Trust's net property income up 11.4% to $34.9m
It was boosted by the contribution from The Lowry Hotel in the UK.
TEE Land loses $2.4m for Q2
No thanks to high costs of sales and losses from associates.
Lian Beng profit rose 22.9% to $38.4m
Its completed project Mandai Foodlink gave the needed boost.
Chart of the Day: Industrial rents moderate in Q2
The rental index fell to 92.3%.
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