Commercial Property

ESR-LOGOS REIT completes enhancement works for Queensland property

53 Peregrine Drive underwent enhancement to increase its gross floor area by 26,335 square meters.

CLCT’s net property income rises 7.5% YoY in 9M22 

Its new economy portfolio drove the increase.

Keppel REIT acquires S$85.7m office property in Japan

It plans to use the acquisition to pave the way for the firm’s entrance into Japan’s market.

Starhill Global REIT’s net income rises 8.4% YoY to $37.2m in Q1 FY22/23

The completion of asset enhancement work at The Starhill contributed to the increase.

MPACT’s net income jumps 44.9% YoY in H1 FY22/23

The “all-rounded” improvements in the trust’s Singapore properties drove the increase.

Rents in industrial property market climb 2.1% in Q3

Prices also increased by 2%, the JTC reported. 

Mapletree Industrial Trust’s NPI grew 8.3% in Q2 FY 22/23

It attributed higher earnings from stable portfolio performance.

Shophouse property deals muted in Q3 

Transactions during the quarter were down by half.

Sandpiper Hotel guide price to start at $35m

The property consists of 29 hotel rooms.

Merger helped raise ESR-LOGOS Reit Q3 22 NPI by 59.1% 

ESR-LOGOS Reit posted net property income of $69.9m.

Frasers Centrepoint Trust reports DPU of 6.0911 cents for H2

Net income rose to $128.12m during the second half of its fiscal year.

Keppel signs MOU with Greenko to explore green ammonia production

They will explore the feasibility of developing a 250,000 tonne green ammonia production facility.

Keppel REIT distributable income up 3.4% to $165m

The REIT promised to distribute an additional $100m over the next 5 years.

Katong Point at Joo Chiat Road for sale at $100m

The commercial building is located near the upcoming train station.