Commercial Property

ESR-LOGOS REIT’s NPI soars 41.0% YoY to $244.2m in FY22

The REIT attributes the increase to contributions from ALOG Trust.

Negotiations on St Katharine Docks acquisition underway: CDL

The company clarified reports it has acquired London-based SKD. 

4-storey commercial property along Serangoon Road up for sale

Expression of interest ends on 7 March at 3 p.m.

CDL Hospitality Trusts NPI up 43.7% YoY to $123.7m in 2022

It was mainly driven by the Singapore market and UK Hotels.

FCT's retail portfolio committed occupancy rises to 98.4% in Q123

The REIT attributed the increase to healthy leasing demand.

MapleTree Industrial Trust's NPI drops 1.2% QoQ to $128.8m  in Q322/23

On a year-on-year comparison, however, NPI rose by 4.9%.

Frasers Property, FCT acquire 50.0% stake in NEX for $652.5m

NEX is the largest suburban retail mall in Northeast Singapore.

Occupancy rate industrial property market declined 89.4% in Q4 22

Prices and rentals increased even as the occupancy dropped.

Six freehold shophouses in Serangoon Road sold for $62.5m

The sale price translates to $2,304 psf per plot ratio.

Broker maintains buy on Mapletree Logistics due to resilient balance sheet

The logistics trust posted 2.227 cents of distribution per unit.

Shophouse transaction value drops 38.7% YoY to $625.2m  in H222

The surge in interest rates has dampened demand for the asset class.