Commercial Property
Elite C-REIT's DPU declines 7.8% YoY to 3.79 pence in 9M22
Elite C-REIT's DPU declines 7.8% YoY to 3.79 pence in 9M22
Increased borrowings were among the reasons for the decrease.
OUE C-REIT posts 4.4% YoY higher income of $48.3m in Q3
The increase was mainly due to lower property expenses.
CLI sees improvement across its 3 growth drivers in Q3
The company was able to unlock capital with gross divestments of S$2.4b.
ARA US Hospitality Trust's net income falls to US$11.9m in Q3
Year-to-date, however, the trust's income increased.
Keppel DC Reit Management appoints new independent director
Yeo Siew Eng has over three decades of experience in management and finance roles.
Manulife US REIT's occupancy drops to 88.1% in Q3
The decline was largely due to downsizing at its Figueroa office building.
ESR-LOGOS REIT acquires Japan-based logistics property
The acquisition fee is around $1.7m.
CapitaLand Ascott Trust secures $157.4m sustainability-linked bond
It will be used to decarbonise three of the CLAS’ serviced residences in Southeast Asia.
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.
Industrial properties boosted CapitaLand India Trust's Q3 total property income
Total property income grew by 13%.
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.
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