Commercial Property
CapitaLand bags $528.3m in maiden real estate equity fund
CapitaLand bags $528.3m in maiden real estate equity fund
The equity fund targets commercial real estate in Asia’s key cities.
CapitaLand Commercial Trust NPI up 3.4% to $79.80m in Q1
Higher contributions from Gallileo and higher occupancy at Asia Square Tower 2 boosted performance.
Perennial sells stake in Chinatown Point Mall entities for $225m
The proportionate stake of the net proceeds is expected to be $125.3m.
Property investment sales jumped 34% to $6.3b in Q1
State tenders surged to $3.1b from $110m in Q4 2018.
Chart of the day: Number of tenancies for single-user factory hit 130 in January-February
Overall, the industrial property market has stayed largely flat during the quarter.
Keppel REIT net property income up 0.3% to $31.31m in Q1
It was saved by higher one-off income that was offset by lower incomes from properties.
UBS Singapore to occupy 9 Penang Road by 2020
The building will house 4,000 staff and the bank’s in-house university.
S-REITs' slashed exposure to CWT properties even before CWT International's default
AIMS APAC REIT, of which CWT is a major tenant, has chosen a partial master-leased structure for selected assets instead of a full one.
Chart of the day: Public property investment sales soared from $110m to $3.1b in Q1
This supported the growth of total investment sales which rose by 34% to $6.3b in Q1.
Daily Briefing: Deals buoy commercial property sector in Q1; Singapore lifts passport stamp requirements on departing foreigners
And Go-Jek poaches an ex-Bain consultant from Apple as VP of strategy and planning.
SPH REIT's Q2 results get boost from Australia buy
It bought 85% of Figtree Grove Shopping Centre at a post-cost yield of 5.7%.
Property investment sales dropped 52% to $5.3b in Q1 2019
The 82% YoY drop in residential investment sales contributed the most to the decline.
Keppel DC REIT's NPI up 26.8% to $43.23m in Q1 2019
The firm's data centre buys in Germany and Singapore pushed up earnings.
MapleTree Logistics Trust to sell five warehouses in Japan for $213.3m
These properties include Gyoda Centre, Iwatsuki B Centre, Atsugi Centre, Iruma Centre and Mokurenji Centre.
Daily Briefing: Vietnamese challenger threatens Olam's cashew dominance; Carousell to buy Philippine online marketplace OLX
And a commercial building in Joo Chiat Road is up for sale at $20m.
S-REIT mergers to intensify after OUE deal
Potential merger candidates include trusts worth $1b and below.
Is bigger always better? OUE's mega-merger fails to soothe investor jitters
Investors usually opt for a REIT purely focused on a particular sub-asset class.
Read Here
Advertise
Sign Up
Commentary
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices
Could Singapore lead the world's next management revolution?
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets