Commercial Property

CapitaLand Mall Trust NPI up 1.6% to $121.37m in Q3

CapitaLand Mall Trust NPI up 1.6% to $121.37m in Q3

Weak rentals for Bedok Mall, Plaza Singapura, and Junction 8 pulled revenue down.

GuocoLand Q1 profits soar to $165.55m

Profits rose from higher sales and contributions from its JVs.

Frasers Commercial Trust NPI down 9% to $26.74m in Q4

Repair and maintenance costs for Caroline Chisholm Centre dragged NPI down.

CapitaLand Commercial Trust NPI up 2.7% to $58.56m in Q3

The sale of its stake in three properties pulled revenue down.

ESR-REIT's NPI down 1.6% to $19.6m in Q3

Operating costs piled up during the conversion of properties.

Keppel REIT NPI up 0.3% to $31.67m in Q3

It received higher income from three properties.

ESR REIT to buy 8 Tuas South Lane for $95m

It wants to tap on its proximity to the future Tuas Megaport.

Retail sector rental woes will extend until 2021

Rental growth from 2017 to 2021 is expected to hit 0.7% in prime spots.

Soilbuild REIT DPU dips 1.8% to 1.37 cents in Q3

Revenue from its 72 Loyang Wang property fell by $1.7m as it struggles to find tenants.

Two mixed-use properties' en bloc sales launched this week

Jalan Besar Plaza will be sold for $390m, whilst Tai Wah Building is priced $81m.

CapitaLand forms 80% owned subsidiary

It will hold investments for the firm.

SPH REIT DPU up 0.7% to 1.42 cents in Q4

This was driven by higher rental income from both Paragon and The Clementi Mall.