Commercial Property
OUE profits down 90% to $10.7m in Q3
The sales performance of OUE Twin Peaks turned sour.
Lippo Malls Indo Retail Trust's NPI up 7.1% to $46.4m
Strong performance from Lippo Mall Kuta and Lippo Mall Kendari boosted earnings.
Neo Yong Seng steps down as MYP's general manager
His role and responsibilities are taken over by Jonathan Tahir.
Oxley Holdings Q1 profits surge 199% to $45.93m
Plot handover of The Royal Wharf Phase 1A boosted its revenue.
FLT's NPI up 4.7% to $33.81m in Q4
Its aggressive pursuit of acquisitions boosted its financials.
Lee Sok Khian steps down as Hatten Land's director
He said it was due to personal reasons.
Tan Kay Kiang and Tan Nan Choon steps down as Pollux Properties' directors
Tan Kay Kiang is retiring.
Zhidong Lai steps down as CWG Development LLC's president
He is to pursue other career opportunities.
Cache resolves 51 Alps issue outside court
Its trustee will receive a $8.20m lump-sum payment.
Chart of the Day: Retail spaces' vacancy rate rose to 8.2% in Q3
The stock of retail space grew by 22,000 sqm despite growing occupancy.
AA REIT to lease industrial development at 51 Marsiling Road
Net property income from the development is expected to hit $3.5m in the first year.
JTC launches Jalan Lam Huat site
The 0.77 ha site has a 20-year tenure.
Ascendas REIT's NPI up 5.3% to $160.5m in Q2
It acquired new properties in Singapore and Sydney.
Ascott wins management deals for CBD and Rochor precinct properties
It will expand its portfolio size to over 900 units.
Starhill Global REIT NPI down 3.5% to $41.4m in Q1
Its Singapore office portfolio performed poorly.
Office space prices rise 0.4% in Q3
Demand is growing amongst shipping, energy, legal, and tech sectors.
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