Commercial Property
Ascott grabs 80% stake in US-based Synergy
Ascott grabs 80% stake in US-based Synergy
The $46.7m buy is its second majority-stake acquisition for July.
Cache REIT DPU down 9.5% to 1.8 S cents
Lower revenue and conversion costs push down DPU.
CapitaLand Commercial Trust inks 201,000 sqft. of leases in Q2
Leasing demand mostly came from the finance sector.
Chart of the Day: Business park vacancy rate rises 11.9%
No thanks to tenants choosing to work closer to the CBD.
Office space leasing activity buoyed by Marina One and UIC Building
Net absorption sits at 923,810 sqft for Q2.
CapitaLand Mall Trust's property income inches up 1.2% to $117.6m
Thanks to lower utilities and maintenance expenses.
CapitaLand Commercial Trust on an asset recycling mode
It recently divested One George St.
Keppel DC REIT's property income soars 41.9% to $31.4m
On the back of strong contributions from recently-acquired data centres.
JTC awards Tuas South Link site to Pan Asian Holdings subsidiary
It submitted the highest bid of $2m.
Ascott Reit DPU falls 14% to 1.84 cents
No thanks to the inclusion of rights issue and equity placement.
Keppel T&T's net profit crashes 32% to $21.9m
Lower contribution from its data centre division hurt its earnings.
CapitaLand Commercial Trust's net property income jumps 34.4% to $69.1
Thanks to the stronger contributions from CapitaGreen.
Keppel REIT's property income down 1.7% to $31.9m
Due to the absence of income from 77 King Street.
Keppel Data Centres sells KDC SGP 4 shares for $170m
Alpha DC Fund now holds a 70% stake in the data centre.
First REIT's net property income inches up 3.2% to $27.2m
Thanks to the contribution from Siloam Hospitals Labuan Bajo.
GLP to develop Adidas' largest distribution center in Asia
It signed an 83,000 sqm build-to-suit agreement with the shoe brand.
Why SPH needs to diversify revenue streams
Poor performance from media segment will continue to drag its yields.
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