Commercial Property
Keppel REIT propped up by hefty divestment gains as earnings growth slows
Keppel REIT propped up by hefty divestment gains as earnings growth slows
KREIT is protected from dividend shortfalls.
CapitaLand Commercial Trust’s income inches up by 2.1% to $254.5m in 2015
On back of higher net property income.
Rangoon Road properties launched for sale by tender
They span 639.1 sqm.
Rangoon Road properties launched for sale by tender
They span 639.1 sqm.
HLH Group breaks ground on maiden freehold mixed development
It’s slated for completion in 28 months.
Prime office rents drop for the first time in three years as supply glut jitters strike
CBD rents slipped 5.1% in 2015.
Daily Briefing: Construction demand still strong; Sembcorp needn’t suffer SembMarine issues
And here are factors which could boost housing demand.
BreadTalk Group divests investment in 112 Katong for $16 million
It will get a gain of $8.5m.
CapitaLand subsidiary bags additional 10% stake in JV
It’s trying to bolster its Vietnam recurring portfolio.
Small industrial REITs cling to asset sales as valuations drop to record lows
Other players will follow Saizen’s lead.
Keppel Land purchases 22.4% stake in Katong mall for $51.4m
The acquisition beefs up the firm’s retail properties.
Keppel REIT divests Sydney property for $158m
It will yield a $27m divestment gain.
Office landlords struggle to keep tenants as employment growth slows to a crawl
Things will get worse as bank hiring shrinks.
This will be a bad year for business parks, analysts warn
Rents will drop on back of slow demand.
JTC grants tender for Tuas South Link 2 industrial site
It was tendered at $3m.
Wee Hur poised to launch 517-unit industrial property
It’s already sold 57 units.
Frasers Hospitality unveils maiden gold standard serviced residence in Switzerland
The 67-unit property will be its 55th in Europe.
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