Commercial Property
First REIT posts 5.8% drop in DPU with forex drag in 1H25
First REIT posts 5.8% drop in DPU with forex drag in 1H25
The REIT reported a 2.9% decline in rental and other income, falling to $50.5m from $52.0m a year earlier.
Elliot James Interiors targets Middle East expansion with Dubai launch
The firm responds to rising demand for purpose-driven, design-led environments in the Middle East.
Far East H-Trust’s net property down 7.7% to $45.7m in H1 2025
DPS is 1.78 cents for the period.
Keppel REIT’s net property income up 11.8% to $108.25m in H1
Distribution per unit is 2.72 cents for the period.
HongkongLand reports $284m profit for H1
On a committed basis, the Singapore vacancy was at 1.2%.
YTL Starhill Global’s net property income inches up in FY2025
The company attributes this to higher contributions from Singapore and Perth Properties.
CDL Hospitality Trusts’ NPI down 11.9% YoY in H1
Net property income for the period was $58.6m.
JTC launches two sites in H2 of IGLS Programme
The public tender for the land parcels is scheduled to close on 9 September 2025.
First Sponsor’s 1H profit soars 79% despite lower revenue
Revenue fell to $153.9m from $172.9m, largely due to fewer property handovers in China.
Decline in mortgagee sales slows auction listings in Q2
A decline in interest rates also has a role in this trend.
Freehold Geylang Hotel launched for sale at $23.5m
The property, located at 60 Lorong 8 Geylang, has a guide price of $23.5m.
Office space prices fall further in Q2
Island-wide vacancy rate declined to 11.4% QoQ.
Vacancy rate in retail space rises to 7.1% in Q2
Retail space prices inched up by 0.1%.
COTD: Commercial shophouse activity slows in Q2
There were only 18 shophouse transactions, falling 10% quarter-on-quarter.
ESR-REIT completes asset enhancement initiative
The initiative added 2,793 square metres of high-specification industrial space.
Keppel DC Reit NPI grows 37.8% in H1
It was mainly driven by acquisitions.
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