Commercial Property
Tuan Sing Holdings subsidiary to apply for mixed-use redevelopment in Melbourne
Tuan Sing Holdings subsidiary to apply for mixed-use redevelopment in Melbourne
The project plans to transform part of the property for high-end retail and F&B.
Hongkong Land’s Q3 profit rises on China build-to-sell completions
However, the company will no longer pursue new standalone build-to-sell projects.
Prime US REIT’s leasing volume doubles to 209,800 sq ft in Q3
In Q2, it recorded a leasing volume of 97,300 sq ft.
Centurion’s revenue rises to $62.1m in Q3 on high rental income and occupancy
Across markets, Singapore reported the highest revenue uptick of 26% YoY.
Metro Holdings’ H1 FY25 profit down 59.6% YoY amidst China property slump
It reported fair value losses net of tax of $11.1m from its China investments.
Bukit Sembawang's net profit soars 149% in H1
Earnings per share stood at $0.24.
BHG Retail records 96.6% occupancy rate in Q3
NLA for all six properties amounted to 179,585 square meters.
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.
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