Commercial Property
Net property income of IREIT Global rises 2.3% YoY to €49.9m in FY23
Despite the increase in NPI, the REIT declared a lower distribution per unit.
Net property income of IREIT Global rises 2.3% YoY to €49.9m in FY23
Despite the increase in NPI, the REIT declared a lower distribution per unit.
Green building adoption in Singapore nears 80%
In APAC, SG stands as the 7th top market for green building adoption.
High-floor Grade A strata office floor up for sale
The expression of interest ends on 28 March at 3 pm.
3-storey shophouse with rear extension in Boat Quay Precinct up for sale
The indicative guide price for the property is $23.65m.
2-storey F&B shophouse in CBD up for sale
The public expression of interest exercise ends on 27 March, 3 pm.
Sabana Industrial REIT Trustee sees “little value” in convening an EGM now
Further announcements will be made in due course.
Trustee manager of Dasin Retail Trust hit with winding-up petition
The Trust received the petition from Zhang Guiming.
DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23
The REIT recorded a lower DPU despite a higher net property income.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
Food factory site at Senoko Drive for sale
The property is on sale via private treaty at a price of S$8.8m.
Retail mall Liv@Changi for sale at $36m
It is zoned commercial, and foreigners will not have to pay ABSD or SSD.
184-room Geylang hotel for sale at S$120m
The Yaju Hotel is just 1 of 5 hotels in Geylang with more than 150 rooms.
F&NHB unit leases parcel of land in Cambodia for US3.86m
The lease term will be 50 years.
Logistics rents climb 8% YoY in 2H23
Singapore had the sixth-highest rent growth in APAC.
Keppel Pacific Oak US REIT’s distributable income falls 10.1% YoY to US$26.1m in FY23
The REIT attributed the decline to higher financing costs.
Industrial sector may see rents softening, vacancies rising this year: expert
The island-wide vacancy rate forecasted to increase to 12.5%.
CapitaLand Investment establishes new lodging private fund
The fund has a target equity size of $800m.
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