Commercial Property
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
Expert cuts shophouse sales forecast to $700m-$800m for 2024
The previous projection was $1.1b-$1.2b.
Paragon REIT revenue soars 30% in H1 2024
Revenue for the period was $147.4m.
Singapore's industrial property market could stand to benefit amidst global volatility
The JTC All Industrial rental index saw its 15th consecutive quarter of growth.
Strata industrial sales recover in Q2 2024
Thanks to the 513 transactions in the second quarter.
Greenwood Ave freehold restaurant for sale at $15.5m
The property is approved for restaurant use and is fully-leased.
Sabana REIT proposes candidates for new internal management team
The REIT spent a total of $8.92m for its internalisation process.
Hong Lai Huat Group expects net loss for H1 2024
Last year saw a slimmer loss versus 2022's.
Hatten Land files for judicial management
It has also proposed the appointment of Tan Wei Cheong and Lim Loo Khoon as joint judicial managers.
Office rental growth to slow as firms downsize and competition rises
Colliers expect full-year rental growth of 2.0%
Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
The REIT reported a lower occupancy rate of 78.4% in H1.
CBRE strengthens ESG services with Paia Consulting acquisition
The consulting firm’s leadership will assume key roles at CBRE.
Hongkong Land's losses widen by 150% as revaluations hit earnings
Loss for the period was US$833m.
FHT's Singapore RevPAR falls 7.2% YoY amidst easing travel demand
Occupancy also declined in 9M 2024.
CapitaLand unveils second phase of project Sycamore in Vietnam
This follows the launch of its first phase which sold 70% of its released units.
FLCT secures new leases, boosting occupancy to 95.0% in Q3
The trust leased 90,000 sqm of space during the period.
Warburg Pincus and Lendlease complete life sciences real estate JV
Each partner will contribute 50% of the co-investment capital over the next few years.
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