Commercial Property
Ascott Residence Trust acquires 4th US student accommodation
Ascott Residence Trust acquires 4th US student accommodation
Seven07, located in Illinois, is worth $112.4m.
JTC All Industrial Rental Index shows signs of recovery
The JTC All Industrial Rental Index continued its rebound in Q3 2021.
Mapletree Commercial net property income up 10.7% y-o-y to $189.56m
Portfolio occupancy hovered at 96%.
ESR-REIT distributable income up 15.1% to $28.6m for 3Q 2021
Core DPU also grew by 1.7% y-o-y.
Mapletree Industrial Trust DPU up 11.9% y-o-y for 2Q FY21
This was mainly due to contributions from the acquisition of data centres in North America.
Ascendas India Trust’s net property income rises 8% y-o-y to S$39.9m
One of the drivers for the increase is the 4% growth in its total property income
Mapletree Logistics Trust DPU rises 5.7% to to 2.173 cents
Net property income also increased by 21.5% for the same period.
ARA LOGOS records 9% lower DPU in Q3 FY21
Meanwhile, its NPI increased by 13.9%.
Keppel REIT distributable income grows 20.8% to $159.9m
Keppel Bay Tower in Singapore was amongst the main contributors to the increase.
Keppel DC REIT distributable income up 6.3% YoY in Q3
The group also maintained a strong portfolio occupancy rate of 98.1%.
Surbana Jurong spearheads infrastructure sustainability in Singapore
It is the first firm in the country to have Infrastructure Sustainability Accredited Professionals.
ERA, SLA enter MOU to strengthen geospatial co-innovation
OneMap3D data from ERA will be incorporated into its RealtyWatch mobile apps
CapitaLand's foundation reinforces next-gen sustainability-focused library
$500,000 was contributed to the library's Green Grove showcase.
Suntec REIT DPU up 20.8% YoY in Q3
This strong performance was due to the recent acquisitions by the company.
Mapletree Logistics Trust acquires South Korea facility for $154m
This is expected to raise MLT's e-commerce revenue exposure in S. Korea to 31%.
Property investment up 6.9% QoQ in Q3
This was mainly aided by higher government land sales.
Sembcorp Marine expects to incur losses in H2
The company also experienced a loss of $647m for H1.
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