Commercial Property
Manulife US REIT's occupancy drops to 88.1% in Q3
Manulife US REIT's occupancy drops to 88.1% in Q3
The decline was largely due to downsizing at its Figueroa office building.
ESR-LOGOS REIT acquires Japan-based logistics property
The acquisition fee is around $1.7m.
CapitaLand Ascott Trust secures $157.4m sustainability-linked bond
It will be used to decarbonise three of the CLAS’ serviced residences in Southeast Asia.
ESR-LOGOS REIT completes enhancement works for Queensland property
53 Peregrine Drive underwent enhancement to increase its gross floor area by 26,335 square meters.
CLCT’s net property income rises 7.5% YoY in 9M22
Its new economy portfolio drove the increase.
Keppel REIT acquires S$85.7m office property in Japan
It plans to use the acquisition to pave the way for the firm’s entrance into Japan’s market.
Industrial properties boosted CapitaLand India Trust's Q3 total property income
Total property income grew by 13%.
Starhill Global REIT’s net income rises 8.4% YoY to $37.2m in Q1 FY22/23
The completion of asset enhancement work at The Starhill contributed to the increase.
MPACT’s net income jumps 44.9% YoY in H1 FY22/23
The “all-rounded” improvements in the trust’s Singapore properties drove the increase.
Rents in industrial property market climb 2.1% in Q3
Prices also increased by 2%, the JTC reported.
Mapletree Industrial Trust’s NPI grew 8.3% in Q2 FY 22/23
It attributed higher earnings from stable portfolio performance.
Shophouse property deals muted in Q3
Transactions during the quarter were down by half.
Sandpiper Hotel guide price to start at $35m
The property consists of 29 hotel rooms.
Merger helped raise ESR-LOGOS Reit Q3 22 NPI by 59.1%
ESR-LOGOS Reit posted net property income of $69.9m.
Frasers Centrepoint Trust reports DPU of 6.0911 cents for H2
Net income rose to $128.12m during the second half of its fiscal year.
Mapletree Logistics Trust’s net property income up 10.8% to $160m in Q2
DPU grew 3.5% to 2.248 cents.
Keppel signs MOU with Greenko to explore green ammonia production
They will explore the feasibility of developing a 250,000 tonne green ammonia production facility.
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