Commercial Property
Oxley sells Chevron House for $1.025b
Oxley sells Chevron House for $1.025b
The property is being revamped before the completion of the proposed sale.
Manulife US REIT buys US freehold Class A office building for $166.09m
The acquisition could boost the firm’s DPU by 3.3%.
Keppel Capital arm buys three Korean Grade A commercial buildings for $510m
The portfolio comprises Yeouido Finance Tower, Nonhyun Building and Naeja Building.
Chart of the day: CBD rents to rise up to 9% in 2019
Islandwide occupancy rate increased from 92.4% in Q4 2018 to 93.5% in Q1.
Frasers Logistics & Industrial Trust NPI jumped 43.3% to $45.97m in Q2
Earnings were bolstered by its 2018 and 2019 acquisitions in Europe and Australia.
Cache Logistics Trust's NPI jumped 4% to $23.77m in Q1
Its nine properties in Australia and the conversion of CWT Commodity Hub's lease structure led revenue increases.
Chart of the Day: Industrial prices down 0.1% in Q1
Rents remained flat in the first quarter.
Eagle Hospitality Trust lodges IPO prospectus
It plans to float its initial portfolio of 18 hotels across the US worth US$1.27b.
Retail space prices down 1.9% in Q1: URA
Rentals of retail space also saw a decline of 0.2%.
Office prices jumped 3% in Q1: URA
Total supply grew to 733,000 sqm gross floor area of office space in the pipeline.
Starhill Global REIT's NPI slid 1.8% to $39.56m in Q3
Lower contributions from its Singapore retail portfolio and higher property expenses dragged earnings.
Singapore dethrones China in global property investments rankings for 2018
It invested US$18b globally, translating to 36% of the total last year.
Manulife US REIT NPI rose 27.7% to $34.19m in Q1
Revenue contribution from Penn and Phipps buys boosted earnings.
First Sponsor's profits jumped 39.02% to $23.8m in Q1
The 87% gross profit increase from its property financing business segment boosted earnings.
CapitaLand Retail China Trust NPI up 7% to $39.8m
The increase was driven by stronger rental growth from its core multi-tenanted malls.
Sasseur REIT buys additional Hefei Outlet shop units for $19.8m
The acquisition is said to be its first since its IPO.
Peninsula Plaza office units for sale at $9.29m
The units on the 12th floor range from 1,001 sqft to 1,776 sqft.
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