Commercial Property
CapitaLand Malaysia Trust posts RM33.2m NPI for Q4 2021
The NPI was marginally lower than the previous year.
Keppel posts highest net profit in 6 years of $1.02b
As a result, Keppel proposed a final cash dividend of 21 cents per share.
CDL Hospitality Trusts NPI up 24.1% YoY to $49.13m for H2 2021
Distribution per stapled security and total distribution faced dips of 11% and 10.6%, respectively.
Occupancy rate stands at 90.1% in Q4 2021: JTC
This was unchanged compared to the previous quarter.
Ascott Residence Trust DPS up 43% YoY to 4.23 cents for FY2021
Distribution income in the same period also jumped by 46% YoY to $137.3m.
CICT’s net profit rises to $478.92m in H2 2021
This pushed the trust’s distributable income to $259.7m.
Keppel REIT YoY unit distribution grows 9%
Units distributed amounted to $212.1m, including capital gains distribution of $2.0m.
Keppel DC REIT DPU up 7.4% to 9.85 cents for FY 2021
The group’s portfolio remained stable throughout the year with an occupancy rate of 98.3%.
ESR-REIT gross revenue grows 5% for FY21
The amount available for distribution also increased 15.4% YoY to $114.4m.
Guocoland profit attributable triples to $67.5m for H1 FY21/22
Revenue for the period also increased by 42% for the period, hitting a total of $452.7m.
Ascendas India Trust’s net income jumps 5% YoY to $155.7m
Despite this, DPU still declined by 11%.
Mapletree Commercial Trust NPI up 5.6% YoY to hit $291.31m in FY21/22
Thanks to the higher compensation received from lease pre-terminations.
Suntec REIT DPU up 17.1% YoY to 8.67 cents for FY21
The result was due to a higher distribution income of $129m.
FCT maintains occupancy rate of 97.2% for Q1
Thanks to the healthy demand in retail spaces with the malls.
FLCT to divest Cross Street Exchange for $810.8m
The value represents a 28.3% premium over the property’s book value of $632m.
CapitaLand acquires JCube for $340m
The transaction will be completed within the first quarter of 2022.