Commercial Property

CLAR secures fifth data centre in the UK for $200m

The data centre is a high-specification Tier III.

New home sales in July reach an all-new-high since 2021

Around 6,500 to 7,500 new private homes will be sold during the year.

Shophouses in Club Street, Yio Chu Kand Road for sale

The submission of expression of interest closes on 20 September, 3 pm.

Freehold industrial units at Citilink Warehouse Complex are on sale

Prices of units start from below $1m to $20m for early birds.

Manulife US REIT registers lower first-half performance

Distributions for the first half of the year will be halted.

TMW Maxwell offers 80 units, sells seven units in phase 1

The initial phase saw seven units sold at prices ranging from $1.5m to $2.5m.

Dasin Retail Trust announces ‘events of default’ under $106.61m offshore facility

All commitments under the facility will be immediately cancelled.

Industrial rental growth decelerates to 2.1% QoQ in 2Q23

Higher supply will continue to moderate rental growth, said Colliers.

UHREIT reveals lower DPU YoY in H1

The retention of a property led to a lower DPU in the first half (H1) of 2023.

CEREIT’s DPU moderately drops by 4.5% YoY in H1

It was hit by the higher interest rates.

CLI’s PATMI down 19% to $351m in H1

The PATMI was attributed to improved operating performance in most sectors.

UOL’s net attributable profit shrinks to $135m in 1H23

Lower attributable fair value gains on its investment properties drove the 64% YoY decline.

Sasseur REIT’s DPU drops 2,6% YoY in 1H23

On a like-for-like currency basis, DPU would have been higher by 8.1% YoY.

CLI clinches $1.3b equity commitment for its private funds

To date, CLI has raised a total equity of $3.2b.