Commercial Property
Suntec REIT sells Chijmes for S$177m
PRE 8 Investments is purchasing the property for a price 23% above valuation.
What you need to know about your shopping spaces
The vacancy rate of shop space in 3Q11 surged to 6.2% -- so where have all the shops gone?
Tender for Kaki Bukit Road 4 awarded to NSS Properties
The company bid almost $66 million for the industrial site.
Commonwealth Bank of Australia loans Starhill Global REIT a whopping S$212m
The term loan facilities will be maturing in September 2013.
CDL Hospitality Trusts’ portfolio performance fails analyst expectations
DBS assumed RevPAR in 3Q11 to match the previous peak of S$222/night in 2Q08, but they were wrong.
Causeway Point to drive Frasers Centrepoint Trust’s growth in 2012
Shopping will be a blast as the mall was revamped with over 70% new and upgraded shops.
Singapore ranks among the world’s highest in prime industrial land price
Elevated demand for warehouse in Asia is expected to sustain in long term.
Care for a suburban shopping spree at the 'Venice of Punggol'?
Well, you’ll have to wait till 2015 before the first suburban waterfront mall at Waterfront Town opens.
CapitaLand sells 100% interest in Thomson Plaza (Private) Limited
The shares were sold to NTUC Fairprice Co-operative Limited for a little over S$100,000.
CDL Hospitality Trusts’ net income up 12.7% to $34m
And its gross revenue also rose 15.2% to $36.4 million in 3Q 2011.
CapitaMalls Asia to co-develop biggest shopping mall in Suzhou, China
The seven-storey shopping mall, with a total gross floor area of about 250,000 sq m, will cater to upper middle and high-income shoppers.
Frasers Commercial Trust’s revenue up 3.8% to S$30.4m in 4Q11
Its revenue was buoyed by higher contributions from Central Park and KeyPoint.
Bedok and Bishan key to CapitaLand over next six months: Analysts
CapitaLand may have only sold 67 units in 3Q2011 at The Interlance, d’Leedon and Urban resorts, down from 271 units in 1H2011, so must make up ground...
CapitaLand achieves S$580.7m net profit for the first nine months of 2011
Group revenue stood at S$1,960.5 million for the nine months ended 30 September 2011.
FREIT’s revenue surges 79.2% to S$13.7m in 3Q11
It’s a good year ahead for FREIT as it has a strong pipeline of possible acquisition targets from its sponsor, Lippo.
Frasers Centrepoint Trust achieves record DPU of 2.35 cents in Q4 2011
Credits go to Causeway Point which lifted FCT’s net income to $82.6 m in FY 2011.
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