Commercial Property

Keppel subsidiary forms joint venture with Shanghai Topchain

Keppel subsidiary forms joint venture with Shanghai Topchain

The joint venture company will manage investment properties with potential for asset enhancement initiatives in China.

Restructuring of CLI to unlock substantial long-term value: CapitaLand CEO

CapitaLand plans to restructure and list CLI to include its investment management platforms and lodging business.

SPH shareholders to receive $2.099 per share following acquisition by Keppel

Keppel Corp has proposed the acquisition of SPH, minus its media assets, for $2.2b.

Keppel Corp posts plans to acquire SPH ex-media for $2.2b

The proposed transaction is expected to be completed by December 2021.

GuocoLand to develop three 25-storey towers in Lentor Hills

It is expected to be ready for launch in H2 2022.

Jardine Matheson underlying profit up 65% amidst challenging conditions

Its underlying profit of $832.2m is still 17% below pre-COVID levels.

Keppel’s net profit rebounds to $300m in H1 2021

All of its key businesses were profitable in the first six months of the year.

Ascendas India Trust NPI rose 5% YoY to S$77.3m in H1

Total property income decreased by 4% but was offset by the decline in expenses. 

Ascendas India Trust NPI rose 5% YoY to S$77.3m in H1

Total property income decreased by 4% but was offset by the decline in expenses. 

CapitaLand China Trust net property income up 84.4% to $120.3m

It plans to expand in the coming months, on the back of China’s economic recovery.

ESR-REIT issues $125m fixed rate notes at 2.6% rate

Funds will be used to modernise its portfolio.

Auction success rate could surpass 5% for 2021: KF

There was a total of 200 auction listings in the second quarter, 40 of which were residential properties.

AIMS APAC REIT net property income up 23.9% to $23m

The firm was named one of the Top 10 best performing S-REITs in H1 2021 by the SGX.

CICT net property income doubles to $472m in 1H2021

CapitaLand Integrated Commercial Trust’s committed portfolio occupancy was at 94.9% as of end-June.

Mapletree NPI rose 14.3% to S$78.3m in Q1 FY21/22

This is attributed to the lower rental reliefs to retail tenants at Festival Walk and higher average occupancy from IXINAL Monzen-nakacho Building.

Suntec REIT net property income rises 23.9% to $112.6m

It owed its performance to its office portfolio in Singapore, Australia, and the United Kingdom.