Commercial Property
Commercial property market posts highest Q1 investment activity in over 10 years at $3.2b
Commercial property market posts highest Q1 investment activity in over 10 years at $3.2b
The market's investment activity for Q1 was 22% higher than Q12021.
OUE Commercial REIT’s net property income down by 21.5% in Q1
This is due to the OUE Bayfront’s performance.
New Shaw Tower to become high-tech workspace: Lendlease
The construction of the 200-metre tower is seen to be completed in 2025.
CapitaLand Investment’s revenue rose to $598m in Q1
It increased by 16% compared to the first quarter of 2021.
Frasers Property’s attributable profit down by 42.6% in H1
It posted a $158.2m attributable profit amidst geopolitical tensions.
Cromwell EREIT posts unaudited net income of $47.52m in Q1
The Q1 income represents a 5.4% YoY increase.
Prime US REIT's net income jumps 10.4% YoY to $35.28m in Q12022
The REIT's new assets, Sorrento Towers and One Town Center, contributed to the growth.
Office units in 20 Cecil Street on sale for $75.88m
The office units will be on sale until 14 June 2022.
Mapletree Industrial Trust outlook is ‘positive,’ says UOB KayHian
This is due to its growth in power-constrained markets.
UOB Kay Hian trims its 2023 and 2024 DPU forecast for CICT by 1%
The analyst cited the higher cost of electricity for the revision.
Ascendas Reit to acquire 7 logistics assets in Chicago for $133.2m
All properties are 100% occupied.
Lendlease logs almost 100% occupancy due to high quality tenants
It also reported a healthy retention rate of 71.1%.
Far East Hospitality Trust’s distribution yield to improve by 5.7% in 2023: UOB KayHian
Reopening borders and hotel contracts will improve distribution yield.
The distribution yield of Far East Hospitality Trust (FEHT), a real estate...
Industrial occupancy falls to 89.8% in Q1 2022: JTC
Despite the drop in occupancy, the rental index still rose by 1.0%.
Industrial occupancy to 'bounce back' in next quarters
The occupancy rate dropped to 89.8% in Q1 2022.
CICT’s net property income up by 0.5% YoY in Q1
This was due to its integrated development performance.
Cuscaden Peak seeks to acquire SPH Reit for $0.9372 per unit
It stemmed from Cuscaden Peak’s right to reduce the minimum chain offer price.
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