Commercial Property
Tender for Tampines North Drive 4 site opens
Tender for Tampines North Drive 4 site opens
The site is under the first half of the 2023 IGLS Programme.
Collective sale tender for Orchard Bel Air reopens
The property has a guide price of $587.5m.
MapleTree Pan Asia Commercial Trust's NPI soars 76.8% YoY to $179.4m in Q3FY22/23
Higher earnings from its Singapore portfolio were amongst the drivers of income growth.
CICT’s DPU went up 2.7% YoY to 5.36 cents in H2 22
Its distributable income was at $355.1m.
Cromwell European Reit’s portfolio valuation down to $3.5b
The CEREIT’s portfolio reduced 1.6% compared to June 2022.
OUE C-REIT posts higher NPI of $103.3m in H2 2022
Lower rental rebates drove the increase.
ESR-LOGOS REIT’s NPI soars 41.0% YoY to $244.2m in FY22
The REIT attributes the increase to contributions from ALOG Trust.
Negotiations on St Katharine Docks acquisition underway: CDL
The company clarified reports it has acquired London-based SKD.
4-storey commercial property along Serangoon Road up for sale
Expression of interest ends on 7 March at 3 p.m.
What property experts have to say on the JTC industrial rental index
Occupancy rate declined 89.4% in the past quarter.
CDL Hospitality Trusts NPI up 43.7% YoY to $123.7m in 2022
It was mainly driven by the Singapore market and UK Hotels.
CapitaLand Ascott Trust’s DPS up by 47% in H2 22 due to ‘strong portfolio’
Its gross profit also went up 80% during that year.
FCT's retail portfolio committed occupancy rises to 98.4% in Q123
The REIT attributed the increase to healthy leasing demand.
MapleTree Industrial Trust's NPI drops 1.2% QoQ to $128.8m in Q322/23
On a year-on-year comparison, however, NPI rose by 4.9%.
Frasers Property, FCT acquire 50.0% stake in NEX for $652.5m
NEX is the largest suburban retail mall in Northeast Singapore.
Real estate investment volumes in APAC to fall 5%-10% in 2023
In 2022, volume declined by 25%.
Occupancy rate industrial property market declined 89.4% in Q4 22
Prices and rentals increased even as the occupancy dropped.
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