Commercial Property
Heeton-led consortium snaps up two hotels in the UK
The hotels are in Gloucester and Bradford.
Capitaland clings to surging sales in China as Singapore impairment losses mount
It sustained $110m in impairment losses across residential projects.
OUE’s net profit crashes 85% to $156.4m in FY15
On back of its hospitality arm’s deconsolidation.
Daily Briefing: Developers call for cooling measures review; Landmark launch in Singapore
And are there too many malls in Singapore?
IREIT Global’s distributable income jumps by 15.4% to $13.5m
On back of a healthy and sizeable portfolio.
GLP leases 48,000 sqm of GLP Park Lingang to automotive manufacturer
Its client is trying to match climbing domestic consumption.
GLP launches US$873m joint venture with Canada Pension Plan
To develop logistics infrastructure in Japan.
Chart of the Day: There’s still a reason to be bullish on SREITs
They outperform global peers.
Keong Hong launches JV for Siglap Road acquisition
It’s teaming up with FCL Topaz, Sekisui House.
JLL appoints Jonathan Davis national director of SEA business operations
It's part of the company's SEA expansion plans.
King Wan Corporation books $5.86m net loss in Q3
On back of allowances made for its Dalian business.
CSH is back in the black with RMB7m in FY15 profits
Thanks to its complete board, management overhaul.
Chart of the Day: Check out how retail and business park REITs continue to outperform
They’re constantly registering double-digit rental reversions.
Metro Holdings’ profits drop to $55.9m in Q3
On back of lower contributions of associates.
Raffles United Holdings braces for net loss in 2H15
On back of subsidiary disposals.
Will the rough retail landscape push investors away from Croesus Retail Trust?
Japan’s adoption of negative interest rates is key.