Commercial Property
CapitaLand unveils second phase of project Sycamore in Vietnam
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.
Singapore’s real estate to outperform in cross-border investments
Knight Frank expects Singapore to account for 11% of cross-border capital trade in 2024.
Two adjoining shophouses in the Jalan Besar up for sale via EOI
The EOI ends on 29 August.
Keppel Pacific Oak US REIT's NPI suffers 4.2% YoY drop in H1 2024
It drove the REIT's income available for distribution lower.
AIMS APAC REIT achieves 6.6% NPI growth, hitting $34.4m in Q1 2025
Despite the improved NPI, the REIT declared a 1.7% YoY lower DPU.
MPACT's unitholder distributions suffer a 3.5% drop despite NPI stability
It attributed the decline to finance costs and high interest rates.
ESR-LOGOS REIT DPU down 18.6% in H1 2024
The decline was due to lower capital gains from previous divestments.
Dasin Retail Trust to hold EGM following shareholder requisition
The EGM will be held by the end of September.
CapitaLand Ascendas REIT’s NPI up 3.9% to $528.4m in H1
New acquisitions and completed projects drove the increase.
Pan Pacific Hotels Group debuts in Kyoto with Hotel Higashiyama
The group will add the hotel to its portfolio in 2025.
Starhill Global REIT DPU down 6.6%, NPI up 1.3%
The DPU drop resulted from weaker currencies, higher costs and taxes, and a leasing fee.
Koh Swee Yan joins the Singapore Land Authority board
She will serve on the board for two years.
Higher borrowing costs impact Keppel REIT's DPU, down 3.4% YoY
The REIT reported lower REIT despite higher NPI.
Higher interest costs keep CDLHT's DPS flat despite NPI growth
NPI grew 5.9% in H1 2024.
Far East H-Trust’s NPI grows 1.0% YoY, driven by portfolio growth
With a higher NPI, the trust’s DPS increased by 2.7% YoY to $39.4m.
Commentary
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