Commercial Property
Mapletree Industrial Trust DPU up 11.9% y-o-y for 2Q FY21
This was mainly due to contributions from the acquisition of data centres in North America.
Ascendas India Trust’s net property income rises 8% y-o-y to S$39.9m
One of the drivers for the increase is the 4% growth in its total property income
Mapletree Logistics Trust DPU rises 5.7% to to 2.173 cents
Net property income also increased by 21.5% for the same period.
ARA LOGOS records 9% lower DPU in Q3 FY21
Meanwhile, its NPI increased by 13.9%.
Keppel REIT distributable income grows 20.8% to $159.9m
Keppel Bay Tower in Singapore was amongst the main contributors to the increase.
Keppel DC REIT distributable income up 6.3% YoY in Q3
The group also maintained a strong portfolio occupancy rate of 98.1%.
Surbana Jurong spearheads infrastructure sustainability in Singapore
It is the first firm in the country to have Infrastructure Sustainability Accredited Professionals.
ERA, SLA enter MOU to strengthen geospatial co-innovation
OneMap3D data from ERA will be incorporated into its RealtyWatch mobile apps
CapitaLand's foundation reinforces next-gen sustainability-focused library
$500,000 was contributed to the library's Green Grove showcase.
Suntec REIT DPU up 20.8% YoY in Q3
This strong performance was due to the recent acquisitions by the company.
Mapletree Logistics Trust acquires South Korea facility for $154m
This is expected to raise MLT's e-commerce revenue exposure in S. Korea to 31%.
Property investment up 6.9% QoQ in Q3
This was mainly aided by higher government land sales.
Sembcorp Marine expects to incur losses in H2
The company also experienced a loss of $647m for H1.
Auction listings drop 26.5% in Q3
This percentage represents the 150 total listings.
Lendlease reveals decarbonisation roadmap for Asia
This is in support of achieving Absolute Zero Carbon by 2040.
Frasers Property Group recognised in Global Real Estate Sustainability Benchmark rankings
The company was commended for being a global and regional sector leader in five categories.
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