Commercial Property
Was FCOT's sale of Keypoint a good idea?
Frasers Commercial Trust will lock in a S$75 million gain but was divesting the well-performing property its best move?
Was FCOT's sale of Keypoint a good idea?
Frasers Commercial Trust will lock in a S$75 million gain but was divesting the well-performing property its best move?
Tuan Sing Holdings' Executive Director retires
Chiu Man Sing was in charge to oversee the Property division.
KeyPoint divestment rewards FCOT with financial flexibility
Net proceeds from the sales, estimated at S$357.8m, could be used to strengthen the company's asset portfolio.
Frasers Centrepoint Trust profit up by 30.4% to S$26.2m
Distributable income also increased by 30.6% to S$21.3m.
Government land will dominate 2Q12 investment sales
Private sector transactions should take a backseat until 3Q12 when macroeconomic concerns are less pronounced.
AIMS AMP Capital Industrial REIT appoints Andrew Bird as Director
Mr. Bird has worked for the company for 12 years.
CapitaCommercial's distributable income up 3.4%
Lower occupancy rate and signing office rents however drags on year-on-year gross revenue.
Industrial site at Kaki Bukit Road 5 up for sale by public tender
It’s the 3rd out of 16 industrial sites to be to be sold by the government in the first half of 2012.
Chart of the Day: Prime factory and warehouse rents peaking?
The average monthly gross rents of prime factories and warehouses rose 0.5% to 0.8%.
China property prices down in six months
Prices fell consecutively on a month-on-month basis, and declining price trend is expected to persist through end 2Q12.
CapitaMall Trust yields S$76.6m distributable income
Atrium@Orchard's enhancement works are also paying off with occupancy improved to 96%.
Ascendas REIT's net profit interest up by 13.2%
Their distributable income also grew 27.2% to S$71.9m.
K-REIT portfolio occupancy climbs but rentals stay flat
Occupancy rose to 96.1% from 94.1% but signing rents showed no increase at S$11-13 psf.
K-REIT Asia's distributable income up in 1Q2012
Unaudited results show it increased from the previous quarter to $48.5 million due to contribution from Ocean Financial Centre.
More office space slated for completion between 2012 and 2015
About 60% of which will be located in the CBD.
Why did the Singapore office market thrive in 1Q12?
Colliers says additional buyer’s stamp duty imposed in the residential sector had investors looking for alternative asset options.
Chart of the Day: Value of Grade A office space in Raffles Place/New Downtown area holds firm
Owners of Grade A office spaces have robust sales activities to thank.
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