Commercial Property

CDL Hospitality Trust’s net property income grew 35% YoY in Q1

The highest net property income (NPI) increase comes from Singapore.

HDB shophouse in Marine Parade up for sale

The property is on sale via an Expression of Interest exercise.

Industrial property on Woodlands Avenue up for sale by tender

Interested parties can buy the Tenderer's Packet at $181.90.

CapitaLand India Trust net property income up 5% YoY in Q1

Its total property income rose 8% due to higher occupancy, amongst others.

Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23

The REIT attributed the decline to increased borrowing costs amongst others.

Digital Core REIT’s NPI down 2.3% YoY in Q1

Its net property income (NPI) declined to US$17.4m ($23.2m).

Divestment of Daikanyama hits Starhill Global REIT’s NPI

The net property income (NPI) declined 1.3% YoY in 3Q FY22/23.

Chart of the Day: Shophouse sales volume down 46% YoY in Q1

It went down to 28 deals in the first few months of the year.

Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23

Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.

FCT’s net property income rises 5.7% YoY to $137.96m in 1H23

Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.

ESR-LOGOS REIT net property income soars 78.2% to $70.4m in 1Q 2023

The contributions from ARA LOGOS Logistics Trust after its merger drove the growth.

CapitaLand Ascott Trust’s gross profit grew nearly 60% YoY in Q1

New properties’ operating performance led to growth.

Parkway Life REIT’s NPI up 23.5% YoY in Q1

The real estate firm’s net property income (NPI) grew to $35.2m.

First REIT net property income up 2.7% YoY to $25.8m in Q1 2023

This is supported by the full quarter contribution of its Japanese nursing homes.