Commercial Property

Keppel sells Keppel China Marina Holdings for $597.4m

Keppel sells Keppel China Marina Holdings for $597.4m

It owns the integrated residential cum marina lifestyle development Keppel Cove.

Yanlord buys 30% shares in two Chinese developers

The combined consideration price hit $336.27m.

Prices of industrial space shrank 7.4% in Q3

But occupancy is falling as the market faces a rocky manufacturing sector.

Mapletree Commercial Trust NPI surges 23.4% to $84.42m in Q2

Mapletree Business City I's contribution to revenue rose by $18.3m after its acquisition in 2016.

Cache Logistics Trust's NPI dips 3.3% to $21.34m in Q3

Gross revenue fell after Cache Changi Districentre 3 was sold.

Frasers Centrepoint Trust's NPI up 10% to $34.58m in Q4

Revenue from Northpoint City North Wing recovered as renovation is about to finished.

Ascott Residence Trust's DPU down 28% to 1.69 cents in Q3

Revenue grew but a larger unit base due to the rights issue pulled DPU down.

Mapletree Logistics Trust's NPI up 2.5% to $78.7m in Q2

It will distribute $5.4m from the sale of three properties.

First REIT's NPI up 3.2% to $27.5m in Q3

Higher contributions from Siloam Hospitals Labuan Bajo boosted the REIT's profits.

CapitaLand Retail China Trust NPI up 9.7% to $35.95m in Q3

The acquisition of CapitaMall Xinnan lifted revenue up.

Wing Tai Holdings profit surges to $8.19m in Q1

It sold more units in Le Nouvel Ardmore and other properties.

Mapletree Greater China Commercial Trust NPI up 5.4% to $70.90m in Q2

Higher rental rates from Festival Walk and Gateway Plaza boosted revenue.

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.