Commercial Property
IREIT Global’s Q3 occupancy dips to 89.6% amid Spanish portfolio impact
IREIT Global’s Q3 occupancy dips to 89.6% amid Spanish portfolio impact
Its Spanish portfolio recorded an occupancy rate of 70.1%.
Boustead Singapore’s net profit rises 48% YoY in H1 despite lower revenue
Revenue fell 20% YoY.
Frasers Property's FY 2024 profit rises 19.2% to $206.3m on global gains
Its residential properties in China and Australia posted higher contributions.
Frasers Hospitality Trust's distributable income down 0.8% YoY despite higher NPI
NPI rose 5.5% YoY in H2 FY 2024.
Singapore shophouse sales fall 46.1% YoY in 9M2024
There were only 62 shophouses sold during the period.
CICT divests 21 Collyer Quay for $688m to bolster capital
The business trust expects to gain $681.7m from the divestment.
Lendlease REIT’s portfolio occupancy rises to 89.5% on new leases
New leases secured at its Milan office building.
Sasseur REIT Q3 rental income falls 3.6% in SGD, 2.0% in RMB
The decline in SGD terms was due to the depreciation of the RMB against the SGD.
Acrophyte Hospitality Trust’s gross revenue dips by 3.9% YoY
Gross operating profit and net property income were lower at $61.2m and $44.7m, respectively.
Paragon REIT’s gross revenue climbs 3% despite tenant sales dip
Tenant sales in Singapore fell 3% YoY.
Far East Orchard’s profit more than doubles in 9M FY24 to $16.9m
The company attributed its feat to its strong operating performance in H1.
DHLT’s NPI rises 2.8% YoY to JPY3.7b in 9M FY24 on portfolio strength
Despite higher NPI, DLHT reported a 5.5% YoY lower distributable income.
United Hampshire US REIT's NPI slips 3.4% YoY as tenant transitions continue
NPI for the period was US$37.4m.
Concorde Hotel & Shopping Mall sells for $821m
The property was sold to Luxury Peak Pte Ltd.
Singapore office rents rise 0.3% QoQ in Q3
Vacancy levels remained low amidst limited supply.
Keppel acquires AI-ready Tokyo data centre
The data centre has a gross floor area of over 300,000 sq ft.
Sin Heng Heavy Machinery to acquire shophouse for $2.78m
The company will acquire the asset from BMAGR.
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