Commercial Property
Retail recovery drives 1.2% YoY increase in CLCT's net property income in 9M23
Retail recovery drives 1.2% YoY increase in CLCT's net property income in 9M23
In 9M23, the REIT recorded a net property income of RMB316.4m ($59.8m).
High Street Centre up for sale via public tender for $748m
The tender closes on 25 January 2024.
Mapletree Industrial Trust's net property income drops 1.4% YoY to $128.6m in 2QFY23/24
In the same quarter, DPU fell 1.2% YoY.
CICT posts 0.6% YoY higher net property income of $275m in 3Q23
The REIT attributed its improved NPI to higher gross rental income.
How Tuas Mega Port is charting a new course for SG's industrial property sector
As of 2Q23, total industrial stock in the West Planning Region reached 261.3 million sq ft.
Far East Hospitality Trust's net property income soars to $28.1m in 3Q23
The 3Q23 NPI is 42.4% higher than the 3Q22 record of $19.7m.
LHN obtains in-principle approval to transfer to SGX Mainboard
The approval is subject to compliance with several requirements.
Tuan Sing Holdings prices $150m notes at 7.50%
The notes are due in 2027.
FCT's net property income rises 1.1% YoY to $129.6m in 2H23
Despite the increase, it reported a 1.2% YoY lower DPU of $0.06020.
Retail space in Tiong Bahru on sale for $3.3m
Knight Frank will sell the property via an expression of interest exercise.
Which district has the highest shophouse sales in 3Q23?
The top district accounted for 19 of the 38 shophouses sold during the quarter.
Will the shophouse market maintain a stellar sales performance in 2023?
As of 9M23, 117 shophouses worth nearly $1.1be exchanged hands.
Industrial sales drop 16.4% QoQ to 381 deals in 3Q23
Sales value likewise fell, dropping 13.9% QoQ to $922.7m.
Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23
Given the decline, the REIT proposed a 14.0% YoY lower DPU.
JTC opens 2 new A*STAR facilities in Jurong Innovation District
The research institutes are situated at CleanTech Park’s CT2B and CT3.
Marina Bay Sands adjusted property EBITDA up 30.1% to $491m in Q3
This is on the back of the recovery in travel and tourism spending.
3 factors why Singaporeans are drawn to UK properties
A global tourism adviser named London as the world’s best city, making it more attractive to buyers worldwide.
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