Commercial Property

CapitaMalls Asia acquires Olinas Mall in Tokyo

The acquisition from Tiger Eye Realty Yugen Kaisha is worth S$367.3 million.

CapitaMalls Asia acquires Olinas Mall in Tokyo

The acquisition from Tiger Eye Realty Yugen Kaisha is worth S$367.3 million.

Prices of 30-year leasehold industrial units surge 43%

This results to $298 per sq ft--narrowing the price gap between 30-year and 60-year properties.

Mapletree Logistics Trust's CEO and Executive Director resigns

Richard Lai Tak Loi was responsible for the overall management of the Manager, MLT and their subsidiaries.

Treasury China Trust names Yoon Wai Nam as Director

He will also be appointed to the Audit Commitee and Unit Option Scheme Committee.

City Developments Hospitality Trusts income soars to S$70.1 million

Income available for distribution also increased 14.1% to S$61.2 million.

CapitaMalls 2Q profit up by a whopping 40.7%

Profit after tax and minority interests (PATMI)  rose to S$232 from the S$164.9 million for 2Q 2011.

Chart of the Day: Private sector investment sales rebound

Transaction volume surged almost 60% quarter-on-quarter.

Starhill Global REIT set for rental upside

Its properties are clumped in the Orchard Road area where tightening supply could justify higher lease rates.

CRCT net property income up 15%

Company management foresees continued growth as it banks on the slew of measures by China to boost domestic consumption.

Two sites offered at Tuas South 6, 7

The 0.86-ha and 1.01-ha lands are open for tender until 4 September, 11a.m.

CCT earnings up 7.8% in 2Q12

CapitaCommercial Trust squeezed out income from higher tax savings and still-growing office and retail leases and renewals.

Ascendas REIT appoints Koo Lee Sze as Head of Reporting and Corporate Services

The Audit Committee have determined that she is the suitable candidate for the position.

Commercial property investment sales double two-fold

S$2.3 billion of commercial property were sold in 2Q12.

Property investment transactions to hit a plateau

The 52.4% rise in 2Q12 may moderate due to cash-strapped investors.

Keppel's 35.4% profit surge will not recur in 2H12

Too bad the whopping S$520.9m earnings won't happen again.

Ascott secures forty-second property in China

Ascott Raffles City Chengdu will offer 296 luxury apartments in 2013 launch.

Mission accomplished: More than half of KepLand's lease expiries already addressed

Lease renewals were done at rates that are 6-7% higher than previously contracted one.