Commercial Property
Keppel units ink agreement to develop 19 plots in Tianjin, China
Keppel units ink agreement to develop 19 plots in Tianjin, China
Under the deal, Keppel Hong Da will partially divest in Tianjin Fulong.
Mapletree Logistics Trust’s FY2024 DPU down 10.6% YoY
Net property income dropped 1.5% YoY.
CapitaLand China Trust net property income falls 6.6% in Q1
Despite this, the group’s retail sector maintained high occupancy of 97.7%
Industrial sales decline in Q1
Multi-user factories and warehouses dropped during the period.
Frasers Hospitality Trust reviews business strategy
There is no certainty that any change will materialise.
CBD Grade A office vacancies decline in Q1
Average monthly rents of overall CBD Grade A offices in Savills' basket rose by 0.4% QoQ.
Keppel REIT’s net property income up 13.3% in Q1
Thanks to better property performance in the CBD.
Guocoland signs $51.4m JV with Hong Leong
The agreement is for the development of a land parcel at Tengah Garden Avenue.
Cushman & Wakefield taps Matthew Bouw as the new chief executive for APAC, EMEA
His appointment will take effect from 1 May.
ESR-REIT’s NPI up 31.3% YoY in Q1
This was mainly attributed to the full quarter contributions from its “on-strategy” acquisitions.
Parkway Life REIT NPI up 7.5% in Q1
Revenue for the period also grew 7.3%.
PLife Reit unit divests Malaysia property for $6.09m
The company is expected to recognise an estimated gain of approximately $100,000.
Real estate investment slips in Q1 as private deals slow
Despite the slowdown, the figure reflects a 60.1% YoY increase, largely due to strong Government Land Sales.
Keppel Pacific OAK US REIT’s distributable income falls 19.3% YoY
The REIT's lower NPI also contributed to the decline.
Far East Hospitality REIT enters $22.09m sustainability-linked facility agreement
"Change of Control" may trigger repayment of the facility.
Keppel DC Reit NPI up 24.1% in Q1
It was mainly driven by acquisitions.
Industrial vacancy rose 8.8% YTD
Occupiers remain cost-conscious amidst global uncertainties.
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