Commercial Property

CapitaLand Investment’s revenue dips 3% YoY to $2.1b in 9M23

CLI’s real estate investment business weakened during the period.

Profit of Far East Orchard rises 18.8% YoY to $7.6m in 9M23

The company attributed improved financial performance to the strong recovery of its hospitality business.

Prime US REIT posts 3.3% YoY lower net property income of US$23.4m in 3Q23

The REIT also reported a lower income available for distribution of US$12.7m.

Trustee lays out commercial options to build functioning internal management for Sabana REIT

Amongst these options is the retention of existing staff of the REIT’s manager.

Lendlease Global Commercial REIT’s portfolio occupancy hits 99.9% in 1Q24

It also reported a long weighted average lease expiry of eight years by net lettable area.

EC World REIT’s distribution per unit drops 32.8% YoY in 3Q23

The REIT also reported lower net property income and gross revenue during the period.

Singaporean investors pour more capital on APAC properties in 1H23

Inbound capital flow in APAC from SG in 1H23 was 3% higher than its three-year average.

Frasers Hospitality Trust's DPS rises 49.3% YoY in FY23

Gross revenue and NPI also improved during the period.

Singapore’s Carolyn Choo and Tracy Ma land on Forbes Asia’s ‘Powerful Businesswomen’ list

The list features 20 successful female leaders across the Asia-Pacific region.

Elite Commercial REIT posts 20.4% YoY higher net property income in 9M23

Despite higher NPI, the REIT’s available DPU fell 25.6% YoY in the same period.

Singapore cap rates remain flat in Q3

The gross yield of commercial properties in Singapore ranges from 3.00%-6.25%.

CapitaLand Ascott Trust divests 2 hotels in Sydney, Australia for $95.6m

The REIT will recognise a net gain of $12.4m from the divestment.

AIMS APAC REIT posts 5.1% YoY higher net property income of $64.3m in 1H24

Despite the higher income, the REIT proposed a 1.1% YoY lower DPU of $0.04650.