Commercial Property
CapitaLand unit reopens Wuhan malls
Its portfolio’s footfall has rebounded from the previous month’s low.
SPH REIT NPI increased 23.3% to $56.5m in Q2 2020
The improvement came from 98.9% occupancy rate in their assets.
OUE introduces rental relief package
These include a waiver of gross rental for April 2020 and rent cuts of 15%-25%.
Keppel Land China sells stake in Jiangyin site for $94.5m
It is expected to be completed in Q3.
Ascendas Reit buys 25% stake in business park property for $102.91m
The property has a gross floor area of 68.835 sqm.
Court hearing for FLT-FCOT merger set on 3 April
FCOT will be delisted on 29 April.
SPH board and senior management to take pay cuts
SPH Reit grants rebate to businesses to reduce the impact of COVID-19. Singapore Press Holdings (SPH) board members will take a voluntary 10%...
Frasers Property tops up $45m in rental rebates
It will be disbursed to its retail tenants in a targeted manner.
OUE CREIT launches $2b multicurrency debt issuance programme
Proceeds may be used partly for refinancing the trust’s borrowings.
DBS provides $178.09m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
Manulife US REIT bags 53,000 sqft lease for New Jersey property
It has a tenure of 12 years.
Keppel sets up package in aid of national efforts against COVID-19
The initiative is expected to raise more than $4.2m.
Returns of China-focused S-REITs down 23% in March YTD
CapitaLand Retail China Trust led the declines with a 33% drop in returns.
Chart of the day: Average rents in City Hall, Marina Center fell 12% from 2014 peak
Average rents in the area have been on a downturn since 2010.
Sasseur REIT malls re-open with 129% surge in sales
The first-day sales of its Bishan outlet mall soared 228% to $390,910.
Chart of the Day: Mortgagee sales value jumped 25.3% to $38.5m in 2019
The average ticket size of mortgagee sales almost doubled that of 2018.
Read Here
Advertise
Sign Up
Commentary
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets
Singapore's mid-market leadership problem nobody is talking about
From ‘only’ to ‘one of’: What Thailand’s land bridge means for Singapore businesses now
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing