Commercial Property
Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
The REIT reported a lower occupancy rate of 78.4% in H1.
CBRE strengthens ESG services with Paia Consulting acquisition
The consulting firm’s leadership will assume key roles at CBRE.
Hongkong Land's losses widen by 150% as revaluations hit earnings
Loss for the period was US$833m.
FHT's Singapore RevPAR falls 7.2% YoY amidst easing travel demand
Occupancy also declined in 9M 2024.
CapitaLand unveils second phase of project Sycamore in Vietnam
This follows the launch of its first phase which sold 70% of its released units.
FLCT secures new leases, boosting occupancy to 95.0% in Q3
The trust leased 90,000 sqm of space during the period.
Warburg Pincus and Lendlease complete life sciences real estate JV
Each partner will contribute 50% of the co-investment capital over the next few years.
Singapore’s real estate to outperform in cross-border investments
Knight Frank expects Singapore to account for 11% of cross-border capital trade in 2024.
Two adjoining shophouses in the Jalan Besar up for sale via EOI
The EOI ends on 29 August.
Keppel Pacific Oak US REIT's NPI suffers 4.2% YoY drop in H1 2024
It drove the REIT's income available for distribution lower.
AIMS APAC REIT achieves 6.6% NPI growth, hitting $34.4m in Q1 2025
Despite the improved NPI, the REIT declared a 1.7% YoY lower DPU.
MPACT's unitholder distributions suffer a 3.5% drop despite NPI stability
It attributed the decline to finance costs and high interest rates.
ESR-LOGOS REIT DPU down 18.6% in H1 2024
The decline was due to lower capital gains from previous divestments.
Dasin Retail Trust to hold EGM following shareholder requisition
The EGM will be held by the end of September.
CapitaLand Ascendas REIT’s NPI up 3.9% to $528.4m in H1
New acquisitions and completed projects drove the increase.
Pan Pacific Hotels Group debuts in Kyoto with Hotel Higashiyama
The group will add the hotel to its portfolio in 2025.
Starhill Global REIT DPU down 6.6%, NPI up 1.3%
The DPU drop resulted from weaker currencies, higher costs and taxes, and a leasing fee.