Commercial Property
Affordability sentiment still low amongst property seekers
Affordability sentiment still low amongst property seekers
This is despite the signs of market recovery.
Carl Gabriel Florian Stubbe steps down as OUE Commercial REIT Management's director
He is to pursue other career opportunities.
AA Reit DPU drops 10% to 2.5 cents
Expired leases and lower rentals caused the fall.
Chinese investors paid $3b for Singapore office assets
They also injected over $2b on residential lands in 1H17.
Keppel's property revenue down 17%
It recorded weaker sales in China.
Chart of the Day: Expect a decline in industrial space supply next year
There will only be around 12m sqft of space in the pipeline.
Suntec REIT property income up 12.8% at $59.4m
Its share of profit from Marina Bay interests rose.
Mapletree Logistics' DPU up 2% to 7.44 cents
Thanks to higher occupancy from its diverse portfolio.
CapitaLand Mall Trust's shopper traffic up by 0.4% in H1
But in Q1, shopper traffic declined by 0.5%
Chart of the Day: Average prime rents slip by 2.2%
Rents for prime spaces fell to $24.75 psf/month.
Daily Briefing: Why rich Singapore investors are stuck; Singapore firms sell Melbourne housing project
And here's what investors should know about NetLink Trust's IPO.
Parkway Life REIT DPU up 10.3% in Q2
Thanks to higher revenue and income from its properties.
Frasers Commercial Trust's net property income rises
Thanks to the stronger AUD and high contribution from 357 Collins St.
Frasers Centrepoint Trust DPU dips 1.3% to 3 cents
Low shopper traffic and tenant sales pushed the company’s revenue down.
CapitaLand-owned Funan Mall's pre-committed leases hit 30%
Some of the key tenants include Golden Village and Newstead.
CMT pops the champagne on higher portfolio occupancy
Occupancy at Plaza Singapura edged up from 96.2% to 99.8%.
Keppel T&T's logistics arm suffers 5% revenue loss
Asset boost in China didn’t help buoy its revenue.
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