Commercial Property
Keppel Land names Ang Wee Gee as Chief Executive Officer
Keppel Land names Ang Wee Gee as Chief Executive Officer
He will take over the overall operations of the Group from being an Executive Director, Keppel Land International Ltd and Executive Vice-Chairman...
$27m bid tops Kaki Bukit Road 5 tender
The industrial site attracted eight offers with the highest coming in at $27,303,784 from Hock Lian Seng Holdings Limited.
Why CapitaMall Trust is catering to necessity shopping
73.1% of its malls' gross revenue came from this market segment in what is clearly a defensive strategy versus the downturn.
Capitamall Trust appoints Ng Chee Khern as Director
Maj-Gen Ng’s credentials will be able to contribute to the deliberations of the Board.
CapitaMall Trust completes sale of Hougang Plaza
The property was sold to Oxley Bloom for approximately S$119.1 million.
Reduced IGLS tenures could scare off industrialists: Colliers
Industrialists are afraid the now shorter-leased sites will have diminished long-term values and require a tougher loans process.
Industrial land rents will slide up to 3% in 2012
Firms are now more cautious in expanding and will drive down rents, says Colliers.
Why REITs are busy snapping up industrial property
REITs can't help but accumulate "yield accretive purchases" while interest rates remain attractively low.
SPH's retail landlord business to offset its newspapers' dwindling revenues
The S$47.9m profit of Singapore Press Holdings' retail business contributed 22% of the total profit of the company in 1HFY12.
CapitaLand strikes off dormant resorts business
CapitaLand Integrated Resorts has been removed from the Register of Companies for its dormancy.
Global Logistic Properties subsidiary enters 20-year lease deal with Beijing Aviation Ground Service
The arrangement involves 60,000 sqm of facilities at Beijing Capital International Airport.
Ascendas Real Estate Investment Trust's Head of Reporting And Corporate Services resigns
Low Mei Lian wasin charge of accounting, financial reporting and analysis, taxation and corporate services.
Mapletree Industrial Trust vulnerable to widespread defaults and arrears
Most of its 2,000-strong tenant base belong to the SME segment, which will be hard hit in the increasingly prolonged downturn.
First Real Estate Investment Trust's Director resigns
Mag Rainer Silhavy quit the post due to change in shareholding structure of a shareholder of the Manager.
Ascendas REIT unit price performance above market average
Outlook for Ascendas REIT 'sanguine' despite gloomy outlook for industrial rents.
CapitaLand to get $50m from the sale of its serviced residence property arm
Citadines Ashley Hong Kong will no longer be CapitaLand's subsidiary upon completion of the agreement by 31 October 2012.
Rental hikes loom for Starhill Global REIT's tenants
Wisma Atria is expecting close to 50% increase in rents as the AEI works complete in 3Q12.
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