Commercial Property
Chart of the day: 30-year leasehold property price increases quickened to 0.9% QoQ
Chart of the day: 30-year leasehold property price increases quickened to 0.9% QoQ
60-year leasehold and freehold properties also showed increases.
High-spec industrial space average rents in Q3 reaches record high since 2012
It increased by 1.1% QoQ to $3.69 psf.
Prime US REIT sees a 6.1% drop in net property income in Q3
Its net property income fell to US$24.2m.
First REIT's net property income jumps 40.1% YoY to $79.08m in 9M22
The increase was due to the contributions from acquisitions in Japan.
NetLink NBN Trust selects main contractor for new central office
The tender was awarded to Obayashi Singapore Private Limited.
CapitaLand, L&T Realty ink deal to develop 6 million sq ft of office spaces in India
L&T will build the office spaces and CapitaLand will market them.
Lendlease REIT occupancy at 99.7% in Q1 FY23
Its retail portfolio’s occupancy was at 99.3%.
Yanlord contracted pre-sales down 5% YoY in October
It reached RMB58.1t in the first 10 months of 2022.
Elite C-REIT's DPU declines 7.8% YoY to 3.79 pence in 9M22
Increased borrowings were among the reasons for the decrease.
OUE C-REIT posts 4.4% YoY higher income of $48.3m in Q3
The increase was mainly due to lower property expenses.
CLI sees improvement across its 3 growth drivers in Q3
The company was able to unlock capital with gross divestments of S$2.4b.
ARA US Hospitality Trust's net income falls to US$11.9m in Q3
Year-to-date, however, the trust's income increased.
Keppel DC Reit Management appoints new independent director
Yeo Siew Eng has over three decades of experience in management and finance roles.
Manulife US REIT's occupancy drops to 88.1% in Q3
The decline was largely due to downsizing at its Figueroa office building.
ESR-LOGOS REIT acquires Japan-based logistics property
The acquisition fee is around $1.7m.
CapitaLand Ascott Trust secures $157.4m sustainability-linked bond
It will be used to decarbonise three of the CLAS’ serviced residences in Southeast Asia.
ESR-LOGOS REIT completes enhancement works for Queensland property
53 Peregrine Drive underwent enhancement to increase its gross floor area by 26,335 square meters.
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