Commercial Property
Prime US REIT's manager appoints new deputy CEO, CFO
Prime US REIT's manager appoints new deputy CEO, CFO
Harmeet Singh Bedi will report directly to the CEO, CIO of KBS US Prime Property Management.
Suntec REIT prices $200m 5-year notes at 2.60%
The notes will be issued under the Euro Medium Term Note Programme.
GuocoLand secures $730m green loan
Proceeds will be used for the construction of a project at Tan Quee Lan Street.
UOL's Singapore hotel occupancy slashed to half in Q1
RevPaR also crashed to $140 from $230 in Q4 2019.
Starhill REIT to disburse $4.4m rental rebates to eligible tenants
This brings the total amount of rental rebates to approximately $18.1m.
AIMS APAC REIT to join MSCI Singapore Small Cap Index
This is said to signify higher trading liquidity and visibility.
Propnex' profits soar 278.8% to $7.58m in Q1
This is attributed to the higher number of transactions completed.
OUE's net profit skyrockets to $87.1m in Q1
But more than half of its revenue is at risk due to ongoing disruptions.
Lendlease Global Commercial REIT joins MSCI Singapore Small Cap Index
This follows its listing on the SGX mainboard.
Lendlease appoints new Asia MD for investment management
Gan Chong Min succeeded Kelvin Chow who is now Lendlease Global Commercial REIT’s CEO .
Sasseur REIT's rent income down 17.1% to $25.46m
Combined sales of its outlet mall in China dropped 55.7%.
Chart of the Day: Multi-user factory deals dropped 37.6% in Q1
This comes on the back of manufacturing firms halting expansions.
Frasers Property profits fall 12.1% to $233.84m in H1
This is due to lower contributions from projects and low results from hospitality properties.
City Developments' sales value nearly halved in Q1
This was blamed on the absence of ultra-luxury sales.
Elite Commercial REIT's profit hit $684,550 in Q1
Distribution per unit is $0.01 for the quarter.
Manulife US REIT's occupancy rate widened to 96.5% in Q1
The REIT executed 147,000 sqft of leases, which is 3.2% of its portfolio by NLA.
Chart of the Day: Prices of long tenure multiple-user factories up 2.1% in Q1
The industrial property segment saw very slight changes in median prices.
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