Commercial Property
Singapore eDevelopment to place $7m worth of shares to CEO
Singapore eDevelopment to place $7m worth of shares to CEO
It’s bidding to improve its balance sheet.
Property investment sales crash to six-year low in 2015
The escalating price mismatch is to blame.
Keppel REIT sells property in Sydney for $160m
The property has 147,000sqft of net lettable area.
Mapletree Greater China Commercial Trust’s net income jumps by 22.3% to $72.5m
On back of its resilient rental demand.
Starhill Global REIT banks on Chinese arrivals as Indonesian tourists dip
Indonesian arrivals dropped by 11.2% last year.
More troubles in store for CDLHT in 2016, say analysts
Supply glut and sinking tourism are main concerns.
Frasers Hospitality Trust’s Q1 net property income surges 16.9% to $26.3m
Thanks to robust Japan, Australia performance.
Neo Group snaps up cold facility in Senoko Way for $15m
It will save up to $840,000 in costs.
Ascendas Hospitality Trust’s FY16 net property income tumbles 9.3% to $23.4m
Blame it on flagging AUD, lower contributions.
Chart of the Day: Here’s the dismal state of industrial rentals in Singapore
And it’s not getting any better soon, analysts say.With the bleak manufacturing landscape in the city-state, headlined by declining outputs of...
Suntec braces for a tough year as retail, office rents dip
Lease renewals are under threat in FY16.
Industrial property prices drop for the first time in four years as headwinds mount
But prices are still elevated, analysts say.
Cache Logistics Trust turns to Down Under as domestic outlook goes south
Australia’s more transparent policies are alluring.
Mapletree Logistics eyes Japan and South Korea as it expands beyond domestic shores
It’s stepping up its overseas drive.
Yoma Strategic’s net profit skyrockets by 240% to $27.4m in 3Q
On back of its non-real estate segments.
Mapletree Commercial Trust’s net property income up 3.5% to $56.6m
Thanks to active asset, cost management.
Chart of the Day: REITs under threat as Singapore dollar crumbles
Local property prices are tied to SGD strength.
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