Commercial Property
HDB shophouse in Marine Parade up for sale
HDB shophouse in Marine Parade up for sale
The property is on sale via an Expression of Interest exercise.
Industrial property on Woodlands Avenue up for sale by tender
Interested parties can buy the Tenderer's Packet at $181.90.
Three adjoining freehold retail units along MacPherson Road for sale
Expression of interest closes on 25 May at 12 noon.
CapitaLand India Trust net property income up 5% YoY in Q1
Its total property income rose 8% due to higher occupancy, amongst others.
Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23
The REIT attributed the decline to increased borrowing costs amongst others.
Digital Core REIT’s NPI down 2.3% YoY in Q1
Its net property income (NPI) declined to US$17.4m ($23.2m).
Divestment of Daikanyama hits Starhill Global REIT’s NPI
The net property income (NPI) declined 1.3% YoY in 3Q FY22/23.
Chart of the Day: Shophouse sales volume down 46% YoY in Q1
It went down to 28 deals in the first few months of the year.
IREIT Global portfolio occupancy dips to 87.0% QoQ
But its rental rate grew to 3.4%
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.
ESR-LOGOS REIT net property income soars 78.2% to $70.4m in 1Q 2023
The contributions from ARA LOGOS Logistics Trust after its merger drove the growth.
CapitaLand Ascott Trust’s gross profit grew nearly 60% YoY in Q1
New properties’ operating performance led to growth.
Parkway Life REIT’s NPI up 23.5% YoY in Q1
The real estate firm’s net property income (NPI) grew to $35.2m.
First REIT net property income up 2.7% YoY to $25.8m in Q1 2023
This is supported by the full quarter contribution of its Japanese nursing homes.
Chart of the Day: Auction listings down 3% QoQ in Q1
The seasonal lull from the New Year led to the decline.
Chart of the Day: Commercial sector dominates investment sales transactions in Q1 2023
The sector saw a total investment sales of $3.38b
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