Commercial Property
Keppel DC REIT NPI jumped 33.4% to $43.04m in Q3
Its occupancy rate stood at 93.1%.
Keppel REIT's NPI down 10.95% to $28.2m in Q3
Total committed space hit 1.9 million sqft.
SPH profits dropped 19.7% to $281m in FY 2018
Operating revenue from the media segment slipped 9.6% to $725.4m.
GIC to buy office tower in Paris for $741m
It has a gross lettable area of 64,500 sqm.
SPH REIT's acquisition of Seletar Mall could boost firm's DPU by 5% per annum
The acquisition cost is estimated at $500m.
SPH REIT's NPI down 1.9% to $40.98m in Q4
DPU inched up 0.7% to $0.143.
En bloc sales collapsed 90.71% to $353m in Q3
Total property sales crashed 42% to $6.5b.
Mapletree Logistics Trust likely to expand footprint into new markets
Mapletree Investments just recently bought a logistics portfolio worth $1.54b in Europe and the US.
Daily Briefing: Technologists harder to keep in Singapore's tight job market; 59 shop units in Ming Arcade up for sale at $51m
And printing startup Gogoprint raises $10.67m.
Chart of the Day: Here are the rates of flexi-space dedicated desks in CBD
Raffles Place rates are the priciest at $800.
Chart of the Day: Where are the flexible workspaces in the CBD?
Operators are ramping up their presence in Orchard Road and Beach Road.
Check out the largest co-working spaces in Singapore
One operator offers rates as low as $255 per month.
CapitaLand bags $300m sustainability loan
It can be used for general corporate purposes and not just for specific projects.
Mapletree buys logistics portfolio for $1.54b
They have a total area of 16.5 million sq ft.
UK acquisitions could boost Ascendas REIT
The shift towards online retail sales works to the advantage of logistics take-up.
CapitaLand buys 50% of co-working operator The Work Project for $27m
The operator will also occupy levels in Capital Tower and Asia Square Tower 2.
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