Commercial Property

Keppel units to buy stake in Beijing office complex for $1.3b

The two firms will own an 85% interest in the complex.

CDL and Distrii JV unveil proprietary smart office app

Features include meeting room booking, aircon extension request and building feedback submission.

Manulife US REIT's 400 Capitol buy could boost DPU by 2.3%: analyst

The fundraising conducted to finance the sale is expected to boost market cap by US$140m.

80% of building spaces to be eco-friendly by 2030: CBRE

More large firms like CapitaLand and Lendlease are offering green leases to tenants.

SPH REIT may spend up to $500m in acquisitions: report

The expected portfolio expansion may add 5-8% to its FY2020-21 DPU.

Chart of the Day: Industrial upper storey rents may fall by 0.75% in Q3

Rents are largely expected to trend downwards due to weakening manufacturing and trade.

SPH REIT NPI up 8.3% to $179.8m in FY2019

This was due to higher contribution from the REIT’s properties.

Chart of the Day: CBD Grade A rents grew 1.5% to $10.08 psf in Q3

Rents are tipped to rise 8% by year-end and 5% in 2020.

ARA Private Funds inked $635.82m total real estate deals in H1

It will sign over $960m in additional pipeline assets by end-2019.

Ascendas REIT competes in 'tight market' with Melbourne office buy: analyst

The site is located in Australia’s emerging suburban office market.

Frasers Group tightens grip on PGIM Asia Retail Fund

It may benefit from its growing stake in the fund if more assets continue to be sold.