Commercial Property
Ascott Residences Trust reveals $150m private placement
It will benefit its stapled security holders.
ESR Logos Reit appoints new chief financial officer
Don Kok Chew Meng has experience in finance in the past decade.
Private warehouse rents up by 2.1% in Q2 22
Occupancy level grew 91.4% in the second quarter of 2022.
Multiple-user factory rents posted highest quarterly, yearly growth since Q3 2013
Rental indices for factories went up 2.1% quarter-on-quarter.
Boutique commercial building in City Hall submarket on sale for $30m
It will be on sale via expression of interest.
Business park rents rise 0.2% QoQ
Demand for the property was driven by technology and biomedical firms.
Far East Orchard improves earnings in H1 due to border opening
Its earnings reached $8m compared to $1.9m loss in the previous year.
OUE Limited’s earnings up to $88.7m in H1 22
It went up by more than 100%.
CDL bounces back with record $1.1b earnings for H122
The H122 earnings are the company's highest PATMI since 1963.
CapitaLand Investment Limited reports S$346m PATMI in H1
Despite lower profits, CIL is on track to reach its target of S$100b funds managed by 2024.
One Clapham Junction open for sale: Savills
The launch event is from 13 to 14 August.
Commercial real estate investment soar 74% YoY to US$5.6b in Q2
Singapore had the strongest performance amongst APAC markets.
Singapore beat other APAC markets in terms of commercial real estate investment volume...
Lendlease Reit net property income up 32.7% YoY in FY22
Its distribution per unit grew 4.9% year-on-year (YoY).
Ascendas REIT to acquire Philips APAC Center for $104.8m
More than two-thirds of the property’s gross floor area will be leased to Philipps.
Chart of the day: Strata retail gears up for a comeback
Reopening of the retail sector spurred interest in strata retail spaces.
Prime Freehold Corner F&B unit up for sale: CBRE
The unit is located at 2 Greenwood Avenue.
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