Commercial Property
CapitaLand's profit dropped 89% to $96.61m in H1
CapitaLand's profit dropped 89% to $96.61m in H1
The group suffered from lower contributions from its malls and residential projects.
ARA US Hospitality Trust posts $2.02m net loss in H1
It suffered with a drop in hotel occupancies and temporary hotel closures.
OUE records $207.16m loss in H1
Weaker operating performance and the sale of US Bank Tower dragged it down.
Telstra sells data centre in Australia for $410.16m
The sale includes a triple-net lease-back arrangement.
Chart of the Day: Office occupancy rate in the CBD down 1.5 ppt in Q2
The subzone recorded a negative net absorption of 463,000 sqft.
Suntec REIT completes premium grade office development in Australia
The retail space at Olderfleet is set to complete by end-2020.
FLCT's NPI rose 77% to $78m in Q3
Its portfolio saw little impact from pandemic measures.
FLCT acquires Australian and UK properties for $89.9m
It also sold the remaining 50% of its ownership in a property in Queensland for $150.5m.
Property scene face hazy prospects in H2
Albeit a few bright spots, JLL expects falling rents to persist in all segments.
Chart of the Day: Suburban retail occupancy rates down to 88.8% in Q2
Retailers in the region saw a lack of sales as people avoided malls.
OUE projects net loss in H1
The group saw a fair value loss booked on disposal of approximately of the US Bank Tower.
Ascendas India Trust's NPI up 1% to $73.5m in H1
DPU is declared at 4.56 cents.
CRCT's NPI fell 18.6% to $65.28m in H1
It was affected by the absence of contribution from CapitaMall Erqi.
UOL bags $120m green loan from UOB
The 23-storey hotel is targeted to open in 2021.
Oxley expects net loss for H2 and FY2020
The results will be released on or before 29 August.
MNACT's NPI down 19.5% to $68.5m in Q1 FY2021
The decline was mainly attributed to rental reliefs granted to tenants.
CapitaLand begins construction on third IT park in Chennai, India
Phase 1 will comprise two buildings offering 2.6 million sqft of premium Grade A office space.
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