Commercial Property
IREIT divests office asset in Barcelona for $35.5m
IREIT divests office asset in Barcelona for $35.5m
The sale price was 6.1% above the property’s latest valuation.
AIMS APAC REIT’s net property income climbs 6.3% YoY to $97.8m in 9M24
Despite higher NPI, the REIT recorded a 4.1% YoY lower distribution per unit.
Average price of freehold shophouses jumps 10.1% YoY in 2023
The average price reflects a total transaction sales value of $948.0m.
CapitaLand Malaysia Trust NPI surges 42.6% YoY in 2023
Its gross revenue also saw a 43.4% increase during the period.
Keppel Pacific Oak US REIT’s portfolio valuation dips 6.8% YoY to US$1.3b
The REIT cited four priorities that contributed 84% to the decline in valuation.
MPACT’s net property income climbs 1.7% YoY to $182.4m in 3Q23/24
The strong performance of the REIT’s Singapore portfolio contributed to the increase.
Net property income of CapitaLand India Trust rises 8% YoY to $179.6m
Despite higher NPI, the company’s DPU fell 21% YoY.
Keppel Infrastructure Trust’s distributable income soars 42.4% YoY to $316.8m in FY23
With higher income, the company proposed a 62% YoY higher DPU.
FLCT retains portfolio occupancy of 95.8% in 1Q24
It also retained full occupancy for its logistics and industrial portfolio.
OUE REIT’s net property income up 15.9% to $119.7m in H2 2023
Hilton Singapore Orchard’s full reopening helped drive OUE REIT’s profits in 2023.
CLINT NPI grows 8% YoY to $179.6m in 2023
Its growth was boosted by the acquisition of quality assets.
Keppel REIT posts net property income rises 3.7% YoY in FY23
It saw a positive rental reversion of 9.9%.
CLCT records 5.3% YoY net property income growth in FY23
This is thanks to the stronger performance of its retail portfolio.
Auction listings drop 2.9% QoQ in 4Q23
There were 99 listings in the last quarter of 2023.
S&P expects Singapore REITs to stay resilient this year
Office vacancies in CICT and OUE REIT are below market average.
7 retail units in Sim Lim Square for sale
The expression of interest closes on 8 March 2024 at 12 pm.
TE Capital, LaSalle JV acquires VisionCrest Commercial
Major transformation will be conducted to improve the asset.