Commercial Property
CapitaLand Investment establishes new lodging private fund
The fund has a target equity size of $800m.
CapitaLand Investment establishes new lodging private fund
The fund has a target equity size of $800m.
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.
Sales value of strata office units climbs 1.8% YoY to $1.17b in 2023
Volume was similar to 2022’s level.
Tech sector to spur office leasing activity in 2024: expert
2024 will see 2.9 million sq. ft. of new office supply.
Surge in completions to slow industrial rent growth in 2024
In 4Q23, the rental index rose 1.7% QoQ.
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.
Shophouse deals plunge 65% in Q4 on cautious investor sentiment
Dealmaking down for two consecutive years.
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.
Commentary
Gen Z pop culture is key to financial literacy in Southeast Asia