Commercial Property
Ascendas REIT's proposed UK acquisitions could lift income
Ascendas REIT's proposed UK acquisitions could lift income
It could strengthen the firm’s portfolio characteristics such as higher proportion of freehold land and longer lease expiry tenor.
Two 999-year office floors in TPI Building up for sale at $24m
Both are to be sold with existing tenancies.
Frasers Logistics and Industrial Trust net profit jumps 22.4% to $30.9m in Q3
It was backed by contributions from completed property acquisitions in 2017.
GB Building's podium block and 4 office floors up for sale
They have guide prices of $3,200 and $2,000 psf respectively.
JTC unveils site under Industrial Government Land Sales programme
The tender Woodlands Industrial Park will close on September 25.
Ascendas India Trust to buy 2 buildings in Indian tech hub
The total price is expected to hit $277.5m.
Ascendas REIT NPI up 3.8% to $159.2m in Q1
Property acquisitions and redevelopment sealed its NPI's growth.
Hongkong Land's H1 profit crashed 64% to US$1.12b
The company blamed the timing of sales completions in mainland China for lower profit.
Perennial JV arm invests $564.3m for integrated hub in China
It will soon cater to the mega-region integrated by an HSR in Tianjin.
Retail space prices dropped by 1.3% in Q2
Rentals also suffered from weakness and fell by 1.1%.
Office space prices inched up by 1.9% in Q2
Rental growth was slightly softer at 1.6%.
Ascendas REIT eyes 12 properties in UK
It will be the firm’s debut in the UK logistics market.
Chart of the Day: Industrial rents dipped 0.1% in Q2
Analysts believe rents will be strengthened by the expansion in the manufacturing sector.
Industrial property prices slipped 2.1% in Q2
Occupancy rate remained stable at 88.7%.
Auctioned properties jumped to 9-year high at 454 listings in H1
The aggregate value of properties sold at auctions plummeted to $35.3m.
Suntec REIT bullish amidst office rents upturn
Suntec City's relatively lower rents of $10 to $11 psf/month could lure more tenants.
Daily Briefing: LTA buys 66 new trains for $1.2b; SGX and NSE patch wounds for GIFT City talks
And co-living rental startup Hmlet buys its Hong Kong competitor.
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