Commercial Property
Yanlord Land Group profit up 10.5% YoY to $867.77m for FY 2021
Yanlord Land Group profit up 10.5% YoY to $867.77m for FY 2021
There was 2.5% increase in profit attributable to owners of the company.
Two freehold commercial units in East Coast up for sale at $23.8m guide price
The sale will be conducted through an Expression of Interest exercise.
Elite Commercial REIT invests $22.7m to improve UK-occupied assets
The asset enhancement works will take about three years.
CapitaLand Development inks $1.3b deal to develop parks, towns in Vietnam
It includes the evaluation of 400-hectare greenfield sites in Bac Giang Province.
Knight Frank expands footprint in Singapore with 4th Private Office opening
The new Private Office will capitalise on key family offices and ultra-high-net-worth individuals.
'CEO didn't say full-year revenue was more than $1b': PropNex on SGX queries
SGX issued the query last 17 February 2022.
Elite Commercial REIT hits 22.3% DPU growth
It has outperformed IPO projections for eight consecutive quarters.
OUE C-REIT NPI falls 20.3% YoY for H2 2021
The divestment of 50% of OUE Bayfront highly affected the result.
Prime US REIT NPI up 6% to $135.21m in FY2021
Its distributable income also increased by 4.9% to $101.52m for FY2021.
CBD Grade A rents lead charge in office market
The 0.5% QoQ increase in Q4 2021 reflected the market's resilience.
FEHT net property income up 16.1% in 2HFY2021
Net property income was up 4.1% for the full financial year.
Lendlease REIT lays down add'l 313@somerset floor area
The approximately 10,000 sqft will maximise the property's full potential.
Lendlease REIT to acquire the remaining interest in Jem for $2.079b
This will result in the REIT owning a direct 100% stake in the property.
Court moves MNACT’s trust application scheme hearing on 21 February
It was originally scheduled for 18 February.
Lendlease acquires additional plot within TRX
This is the second joint-venture agreement between Lendlease and TRX City Sdn Bhd.
FLCT overseas vacancy rates remain tight in Q1 2022
Logistics properties in the UK, Europe, and AU remain at 100% occupancy.
Acquisition dispute: Keppel unit pursues arbitration action vs SPH
The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.
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