Commercial Property

MLT to acquire Japan logistics centre for $272.5m

The company aims to fill the market gap of grade A logistic properties in Japan.

MIT's next buy could be Mapletree's stakes in US data centres: analyst

Data centres could feature more strongly in its deal pipeline.

NUS researchers withdraw claims on developers' insider trading

The university recently released a study asserting that developers exchange information on bids during golf time.

Diversification to ease headwinds for Mapletree Logistics Trust

Most of its tenants have been cautious on expansionary plans.

Industrial space rents inched up 0.1% in Q4 2019

Easing of rents during the quarter was attributed to the large pool of stock in the west region.

Frasers property buys London office asset for $238m

Bedfont lakes holdings will become an indirect wholly-owned subsidiary of the firm.

Lease renewals favourable for FCT's growth: analysts

About 81% of these leases are located in its four major malls.

Keppel Corp's profits crashed 25.5% to $706.98m in 2019

Its other operating income plunged 67.1% partly from lower gains from disposing subsidiaries.

Chart of the Day: Retail space pipeline until 2022 to hit 602,000 sqft

Supply per year falls far behind the past three-year average of 1 million sqft.

Retail space rents grew 2.3% in Q4 2019

Even with a quarterly increase, a rental gap could emerge as landlords shake up tenant priorities.

Office rents edged down 3.2% in Q4 2019

Demand is expected to be subdued in 2020 due to companies’ budget restraints for expansion. Office space rents saw a decrease of 3.2% in Q4 2019, a...

Mapletree Commercial Trust's NPI up 17.6% to $103.30m in Q3

Its office and business park assets’ gross revenue and NPI rose.

Chart of the Day: Retail occupancy rates in Orchard/Scotts Road hit 94.2% in Q3 2019

The area posted the highest occupancy rate for retail properties.