Commercial Property
CapitaLand India Trust net property income up 5% YoY in Q1
CapitaLand India Trust net property income up 5% YoY in Q1
Its total property income rose 8% due to higher occupancy, amongst others.
Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23
The REIT attributed the decline to increased borrowing costs amongst others.
Digital Core REIT’s NPI down 2.3% YoY in Q1
Its net property income (NPI) declined to US$17.4m ($23.2m).
Divestment of Daikanyama hits Starhill Global REIT’s NPI
The net property income (NPI) declined 1.3% YoY in 3Q FY22/23.
Chart of the Day: Shophouse sales volume down 46% YoY in Q1
It went down to 28 deals in the first few months of the year.
IREIT Global portfolio occupancy dips to 87.0% QoQ
But its rental rate grew to 3.4%
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.
ESR-LOGOS REIT net property income soars 78.2% to $70.4m in 1Q 2023
The contributions from ARA LOGOS Logistics Trust after its merger drove the growth.
CapitaLand Ascott Trust’s gross profit grew nearly 60% YoY in Q1
New properties’ operating performance led to growth.
Parkway Life REIT’s NPI up 23.5% YoY in Q1
The real estate firm’s net property income (NPI) grew to $35.2m.
First REIT net property income up 2.7% YoY to $25.8m in Q1 2023
This is supported by the full quarter contribution of its Japanese nursing homes.
Chart of the Day: Auction listings down 3% QoQ in Q1
The seasonal lull from the New Year led to the decline.
Chart of the Day: Commercial sector dominates investment sales transactions in Q1 2023
The sector saw a total investment sales of $3.38b
CapitaLand Ascendas REIT to divest 7-storey industrial building
KA Place is up for sale for $35.58m
Asset-light strategy leads Ascott to 160,000-unit target
The company also focused on securing prime properties to double its fee revenue.
Chart of the Day: Top investment sectors of HNWIs in Singapore
Hotels and leisure properties are leading.
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