Commercial Property

Starhill Global REIT secures first sustainability-linked facility for $50m

The facility will be used to finance requirements to attain green certification.

Starhill Global REIT secures first sustainability-linked facility for $50m

The facility will be used to finance requirements to attain green certification.

Mapletree Non-Executive Director of the Manager resigns

Michael Thomas Smith has resigned to pursue other interests.

Accor’s Hotel Faber Park SG offers unique experience for culture-seeking travellers

Singapore’s first Handwritten Collection hotel was inspired by the iconic Mount Faber.

Keppel releases $200m floating rate notes due 2029

This is pursuant to a $5b multicurrency medium-term note programme.

Sabana Industrial REIT files originating claim against Kleio One-Solution

The tenant occupies the properties at 33 & 35 Perjuru Lane.

PropertyGuru taps Singlife chair to lead its board of directors

Singlife’s Ray Ferguson will begin his role at PropertyGuru on 1 January 2024.

Islandwide vacancy rates for business parks inches up to 19.5% in 3Q23

The poor take-up rate in the East Planning Region affected vacancy levels.

LHN Limited  warns of lower profits for FY23

The company expects a net profit before tax of $40m.

Industrial rental growth in 2024 to be confined to the logistics sector: expert

In 3Q23, rent for warehouse and logistics properties rose by 0.6% QoQ to S$1.62 per sq ft.

Frasers Property’s attributable profit nosedives to $173.1m in FY23

In FY22, the company recorded an attributable profit of $928.3m.

Cromwell EREIT’s net property income dips 1.1% YoY to $146.7m in 9M23

The REIT attributed the decline to the absence of income from office projects under redevelopment.

Shophouse transactions fall 24.5% YoY in 9M23

Transaction value likewise fell, dropping 17.1% YoY.

CapitaLand India Trust bags 5-year construction loan of $214m

CLINT will use the loan for its Navi Mumbai data centre.

CapitaLand to manage retail spaces at Singapore Sports Hub

The company will serve as the hub’s retail operator for 6 years.