Commercial Property
Frasers Centrepoint Trust receives 3.6 million units in performance fees
Every unit in FCT is issued at a price of $2.1903.
Commercial property demand softens for fifth-straight quarter: study
Some investors are holding off investment plans due to the rising interest rates.
Industrial landlords may have to lower rents as supply outweighs demand – expert
There is an average annual supply of 1.0 million sqm coming onstream between 2024 to 2026.
ESR-LOGOS REIT's maiden Japan acquisition achieves 100% occupancy
The REIT acquired the asset in 2022.
Digital Core REIT’s property net income down 3.7% YoY in 9M23
Its AUM was at US$1.59b.
CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
Industrial prices and rentals continue to rise amidst drop in occupancy
In 3Q23, prices rose 6.2% YoY, whilst rentals increased by 9.3% YoY.
MPACT's net property income rises 2.2% QoQ to $183.2m in 2QFY23/24
The REIT likewise reported gains in its gross revenue and DPU.
Retail recovery drives 1.2% YoY increase in CLCT's net property income in 9M23
In 9M23, the REIT recorded a net property income of RMB316.4m ($59.8m).
High Street Centre up for sale via public tender for $748m
The tender closes on 25 January 2024.
Mapletree Industrial Trust's net property income drops 1.4% YoY to $128.6m in 2QFY23/24
In the same quarter, DPU fell 1.2% YoY.
CICT posts 0.6% YoY higher net property income of $275m in 3Q23
The REIT attributed its improved NPI to higher gross rental income.
How Tuas Mega Port is charting a new course for SG's industrial property sector
As of 2Q23, total industrial stock in the West Planning Region reached 261.3 million sq ft.
Far East Hospitality Trust's net property income soars to $28.1m in 3Q23
The 3Q23 NPI is 42.4% higher than the 3Q22 record of $19.7m.
LHN obtains in-principle approval to transfer to SGX Mainboard
The approval is subject to compliance with several requirements.
Tuan Sing Holdings prices $150m notes at 7.50%
The notes are due in 2027.
Commentary
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AI in hospitality: Where should Singapore’s F&B operators draw the line?