Commercial Property

Keppel posts highest net profit in 6 years of $1.02b

As a result, Keppel proposed a final cash dividend of 21 cents per share.

CDL Hospitality Trusts NPI up 24.1% YoY to $49.13m for H2 2021

Distribution per stapled security and total distribution faced dips of 11% and 10.6%, respectively.

Occupancy rate stands at 90.1% in Q4 2021: JTC

This was unchanged compared to the previous quarter.

Ascott Residence Trust DPS up 43% YoY to 4.23 cents for FY2021

Distribution income in the same period also jumped by 46% YoY to $137.3m.

CICT’s net profit rises to $478.92m in H2 2021

This pushed the trust’s distributable income to $259.7m.

Keppel REIT YoY unit distribution grows 9%

Units distributed amounted to $212.1m, including capital gains distribution of $2.0m.

Keppel DC REIT DPU up 7.4% to 9.85 cents for FY 2021

The group’s portfolio remained stable throughout the year with an occupancy rate of 98.3%.

ESR-REIT gross revenue grows 5% for FY21

The amount available for distribution also increased 15.4% YoY to $114.4m.

Guocoland profit attributable triples to $67.5m for H1 FY21/22

Revenue for the period also increased by 42% for the period, hitting a total of $452.7m.

Mapletree Commercial Trust NPI up 5.6% YoY to hit $291.31m in FY21/22

Thanks to the higher compensation received from lease pre-terminations.

Suntec REIT DPU up 17.1% YoY to 8.67 cents for FY21

The result was due to a higher distribution income of $129m.

FCT maintains occupancy rate of 97.2% for Q1

Thanks to the healthy demand in retail spaces with the malls. 

FLCT to divest Cross Street Exchange for $810.8m

The value represents a 28.3% premium over the property’s book value of $632m. 

CapitaLand acquires JCube for $340m

The transaction will be completed within the first quarter of 2022.

Frasers Property Singapore new chief is FPHT's Soon Su Lin

Soon will hold the position effective 1 April.