Commercial Property
CapitaLand Mall Trust NPI up 10.9% to $273.25m in H1
CapitaLand Mall Trust NPI up 10.9% to $273.25m in H1
The Westgate acquisition in November 2018 boosted half-year earnings.
Frasers Commercial Trust NPI slipped 3% to $19.75m in Q3
It was hit by higher property tax expense for Alexandra Technopark.
How The Great Room is riding on Asia's co-working wave
It targets established, value-sensitive corporates that make up the fastest growing segment in Asia.
Eu Yan Sang Building up for sale at $62.5m
It has a combined land area of 6,264 sqft.
Prime US REIT makes trading debut on SGX-ST
It launched the largest IPO YTD by market capitalisation.
Keppel Corporation profits dropped 39.3% to $356.28m in H1
The lack of en-bloc sales and lower contributions from property trading weighed on its earnings.
Can Keppel DC REIT achieve 7% cap rate level?
Some of its acquisitions have been delayed or taken off the market.
Retail property investment sales jumped 52% to $961m in Q2
Chinatown Point was sold for $520m or $2,450 psf NLA.
Cromwell EREIT buys three assets in France for $122.7m
Its portfolio now comprises about 100 properties across Europe.
Revamp works to weigh on CapitaLand Commercial Trust's income
It could lose $23m-$25m of income if 21 Collyer Quay is closed for a year.
Higher renewed rents could uplift Keppel REIT
Its Singapore portfolio also enjoys a committed occupancy of 98.9%.
104-year-old mid-rise Leshan Gardens up for sale
There is potential for 50 new residential units upon redevelopment.
CapitaLand Commercial Trust's $220m private placement five times oversubscribed
The new units will start trading on SGX-ST on 29 July.
Six adjoining freehold conservation shophouses at Joo Chiat Road for sale
The shophouses have a maximum allowable gross floor area (GFA) of approximately 22,200 sqft.
Daily Briefing: WeWork to take over lease of HSBC building in Collyer Quay;Travelstop secures $4.08m in pre-series A funding
And residential development Sophia View marked as the first en bloc sale in 2019.
Chart of the Day: Factory tenancies climbed 2% YoY to 1,635 units
But demand is expected to remain soft brought by the weakening manufacturing sector.
Keppel-KBS US REIT's NPI climbed 27% to $49.2m in H1
It was supported by its acquisition of The Westpark Portfolio and Maitland Promenade I.
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