Commercial Property
Daily Briefing: Hougang project sold $629m via en bloc; CACHE hits 8% distribution yield
Daily Briefing: Hougang project sold $629m via en bloc; CACHE hits 8% distribution yield
And here are two STI ETFs that have gained by as much as 15%.
GuocoLand Q1 profits soar to $165.55m
Profits rose from higher sales and contributions from its JVs.
Frasers Commercial Trust NPI down 9% to $26.74m in Q4
Repair and maintenance costs for Caroline Chisholm Centre dragged NPI down.
CapitaLand Commercial Trust NPI up 2.7% to $58.56m in Q3
The sale of its stake in three properties pulled revenue down.
Jiak Kim Street commercial site up for sale
It was priced $689.35m.
Ascott splurges $81.5m on Silicon Valley hotel acquisition
It will renovate the 136-unit hotel.
ESR-REIT's NPI down 1.6% to $19.6m in Q3
Operating costs piled up during the conversion of properties.
Keppel REIT NPI up 0.3% to $31.67m in Q3
It received higher income from three properties.
ESR REIT to buy 8 Tuas South Lane for $95m
It wants to tap on its proximity to the future Tuas Megaport.
Retail sector rental woes will extend until 2021
Rental growth from 2017 to 2021 is expected to hit 0.7% in prime spots.
Soilbuild REIT DPU dips 1.8% to 1.37 cents in Q3
Revenue from its 72 Loyang Wang property fell by $1.7m as it struggles to find tenants.
Frasers Centrepoint Limited buys three German companies
The total price of the purchase is $67.83m.
Two mixed-use properties' en bloc sales launched this week
Jalan Besar Plaza will be sold for $390m, whilst Tai Wah Building is priced $81m.
Ascott REIT acquires Ascott Orchard Singapore
It was purchased at $405m.
CapitaLand forms 80% owned subsidiary
It will hold investments for the firm.
SPH REIT DPU up 0.7% to 1.42 cents in Q4
This was driven by higher rental income from both Paragon and The Clementi Mall.
SingPost Centre reopens with doubled retail space
It will also host the new General Post Office.
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