Commercial Property
Ascendas REIT scrambles to find tenants for Singapore properties
Ascendas REIT scrambles to find tenants for Singapore properties
Its occupancy rate fell from 90.1% to 88.8%.
Ascendas REIT's property income inched up 1.7% to $157.6m in Q3
This was due to a property tax increase of 42.9%.
Capitaland establishes three subsidiaries
Two of them will focus on investment holding.
Starhill Global REIT's property income dipped 2.2% to $40.5m in Q2
This was highly caused by a decline in office assets in Singapore and Australia.
9 Hongkong Street shophouse looking for buyers
It is open to both local foreign buyers and has no ABSD.
Watch out for more commercial property deals in 2018
The sale of a Beach Road commercial site for $1.62b led the deals in Q4.
Singapore's overseas property investments surged 40% to $37.18b
It also rose to become the largest investor in the US market.
Tuas South Link 3 industrial site sold for $2.63m
It was awarded to the only bidder, Soilbuild Construction Group Ltd.
Funan Mall's redevelopment to be completed before 4Q2019
This shows a potential boost for CMT’s 2018 profit.
FLT's net property income jumped 8.9% to $35.15m in Q1
It completed its Beaulieu and Stanley Black & Decker facilities in late 2017.
Price of office space dipped 2.4% in 2017
Total supply dipped from 607,000 sqm to 597,000 sqm in Q4.
Industrial property prices fell 5.7% in Q4
Developers are holding back launches and preferring to lease out instead.
Mapletree Greater China Commercial Trust's full-year NPI up 3% to $214.29m
Revenue growth from Festival Walk, Gateway Plaza, and Sandhill Plaza boosted earnings.
Expect industrial rents to fall in 2018
Rents dipped 2.8% YoY in Q4, following a pattern of recent decline.
Keppel hit by $495m loss in Q4
Penalty costs from its bribery case pushed earnings down the drain.
Oxley Holdings Limited announces JV in Vietnam
They will focus on future land acquisitions.
Oxley unit prices its $150m bonds due 2022 at 5.7%
They will mature on 31 January 2022.
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