Commercial Property
Chart of the Day: Industrial properties are heading for a tepid 2015
Chart of the Day: Industrial properties are heading for a tepid 2015
No thanks to oil price declines coupled with a lacklustre manufacturing sector.
Daily Briefing: Property agents exit amid market woes; 70% of Highline Residences unsold
And Sing50 fund to help local musicians outside of piano project.
Industrial rents down 2% in 2014 after climbing for four consecutive years
But prices increased for the fifth straight year.
Mapletree Commercial Trust’s net profit up 13.6% on back of robust rental growth
Its raked in $41m last quarter.
Fortune REIT’s revenue up 8.4% in Q4
Its DPU climbed 8%.
Frasers Centrepoint disposes entire stake in Beijing Sin Hua Yan Real Estate for $76.6m
Via its subsidiary Sinomax.
CCT’s CapitaGreen to achieve full occupancy in 2015
What could be its next re-development target?
Sabana REIT’s net property income dipped 9.2% in FY14
Its DPU slipped by 21.9%.
New kids on the block: Aggressive tech firms snap up more prime offices as banks downsize
Banks are downsizing to stay profitable.
Soilbuild REIT’s revenue up 8.3% to $17.7m
Its DPU grew by 5%.
Over 2 out of 5 SMEs crippled by extremely high rents, manpower costs
This should be addressed in the 2015 budget, says KPMG.
Tough leasing environment mars Mapletree Industrial Trust’s decent Q3 results
Its net property income grew to $58m.
Keppel T&T’s profit surged 342.6% to $308.2m in FY14
Thanks to disposals and divestments.
CapitaCommercial Trust’s net property income up 3% to $50.6m in Q4
Distributable income climbed to $63.6m.
Cambridge Industrial Trust’s net property income up 3% to $19.5m in Q4
Its revenue jumped 12.6%.
Mapletree Logistics Trust’s net property income up 3% in Q3 on back of property acquisition spree
It raked in $69.5m last quarter.
Keppel REIT’s net property income slipped 8% in Q4 on back of Prudential Tower divestment
Gross revenue dropped 11%.