Commercial Property

Centurion to record ‘substantial increase’ in FY23 net profit

The company said the increase is mainly attributable to net fair value gains.

Far East Hospitality Trust’s net property income jumps 27.7% YoY to $98.7m in FY23

With improved NPI, the REIT recorded a full-year DPS of $0.0409.

Singapore leads commercial real estate investments in APAC

Commercial investment volume in Singapore grew 462% QoQ and 110% YoY in 4Q23.

Dasin Retail Trust taps Wang Peng as new CIO

Wang previously worked for Sino-Ocean Group.

High court grants order for sale of GSM building to LHN

LHN plans to complete the acquisition of the asset on 9 May.

Hatten Land widens net loss to RM20.8m in 2Q24

Loss per share also widened to RM0.0111.

Tourism rebound to fuel retail rental growth in Orchard this year: expert

Rents to rise by up to 5% in Orchard, 2% to 3% in fringe, suburban locations.

Government Land Sales poised to boost 2024 property investment market

An expert forecasts investment sales to increase to $25b-$28b this year.

Tech sector to spur office leasing activity in 2024: expert

2024 will see 2.9 million sq. ft. of new office supply.

Link REIT to buy out Qibao Vanke Plaza in Shanghai for $451.2m

The REIT will fund the acquisition through internal resources.

Why are investors so keen on freehold strata office space in the CBD?

The strata office market saw a 10.8% increase in transactions QoQ in Q4.

Wing Tai's net profit dwindles to $20.5m in 1H24

In the corresponding period, the company's net profit was $63.3m.

CapitaLand’s new acquisitions to boost its funds under management in SEA to $1.2b

Two of the four acquisitions are industrial properties in Singapore.