Commercial Property
Tam Kin Bor resigns as Debao Property Development CFO
He intended to pursue other opportunities and interests.
Prime office space race intensifies after rents soared 14.7% in Q3
Grade A rents reached $10.95 psf/month last quarter.
Interior design company Serrano to list on SGX Catalist on 28 Oct
Placement is worth $3.5m.
Discover Singapore’s top 5 private investment sales in 3Q14
The biggest deal is priced at $1.25b.
Suntec REIT’s net property income jumped 21.1% in Q3 to $48.8m
Occupancy for its retail portfolio stood at 98.4%.
Viva Industrial Trust’s Q3 DPS 2.4% lower than IPO forecast
Net property income was also lower than expected.
Soilbuild REIT’s net property income up 5.4% in Q3
This is the fifth quarter of outperformance since its IPO.
Michael Chua Cheow Khoon resigns as Cedar Strategic Holdings director
He chose to pursue his other commitments.
Frasers Commercial Trust’s net property income climbed 8.5% to $23.8m in 4Q14
But its portfolio valuation was impacted by the weaker AUD.
Mapletree Logistics Trust's portfolio occupancy slipped for the second straight quarter in 2Q15
Cost pressures are rising for MLT.
Guocoleisure revenue falls 6.3% in 1Q15
As gaming and property development segments suffer.
Ascott REIT prices debut $150m perpetual securities
It has a fixed distribution rate of 5% pa.
CapitaMall Trust’s revenue inched up in Q3 revenue despite lower tenant sales and shopper traffic
Portfolio occupancy remained steady at 98.5%.
GuocoLand’s profit plunged 70% to $25.5m in Q1
There were no one-off gains this quarter.
Keppel Land injects $266.4m into International Financial Centre Jakarta Tower 1 redevelopment
Its net leasable area will more than double.
Public residential land tenders snubbed by picky developers in Q3
The average number of participating developers plummeted.