Commercial Property

CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23

Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.

Unitholders of Sabana REIT will be 'worse off' if internalisation of manager proceeds, ESR Group warns

The group said each 1 -pp increase in borrowing costs will reduce the REIT's DPU by $0.0027.

2 JTC factories at Tuas Avenue on sale for $25m

The sale will be through a private treaty.

Retail space prices up 0.3% in Q2

This is compared to a decline in Q1 2023.

Singapore occupiers shifting towards flex leases

Colliers Singapore’s Bastiaan van Beijsterveldt spells out the advantages and implications of this growing trend of flex leases.

LHN procures River Valley asset for $23.25m

The property consists of 12 units an a total land area of 388.4 sq.m.

CDLHT NPI surges 23.3% in H1

The group’s revenue reached $119.2m for the half year.

CapitaLand Ascott Trust sees 31% YoY jump in gross profit in 1H23

The REIT attributed the increase to the strong operation performance of its properties.

Far East H-Trust NPI up 30.7% to $49m in H1, RevPAR at S$133

Distribution per stapled security or DPS is 1.92 cents for the period

CBD commercial shophouse for sale for $19.8m

The expression of interest for 8 Circular Road will end on 22 August, 12 pm.

Stability expected for industrial property despite worrying manufacturing sector

Demand and occupancy rates continued to rise in the second quarter of 2023.

Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1

Higher borrowing costs tempered growth in the net property income.

OUE C-REIT’s distributable income drops 3.3% YoY to $57.6m in 1H23

This translates to a 2.8% YoY lower distribution per unit.