Commercial Property
Ascendas India Trust acquires Building Q1 at Navi Mumbai
Ascendas India Trust acquires Building Q1 at Navi Mumbai
A gross consideration of $64.1m was executed.
AIMS APAC REIT completes acquisition of Woolworths HQ
The property was acquired for $454m.
Bukit Sembawang net profit down 28% to $53.4m H1 FY21/22
This is despite its decrease in operating costs for the same period.
Frasers Property Limited posts $833m attributable profit in FY21
Thanks to its gains from its industrial and logistics properties.
Commercial real estate activity bounces back to pre-pandemic average
Investment activity skyrockets 223% to $1.35b in Q3.
FLCT NPI up 12.3% to $181.27m in H2
The company also posted a 6.3% DPU increase.
Far East Orchard records net loss of $20.8m in September
The ongoing lockdowns continued to weigh down the group's hospitality segment.
Keppel cash component for SPH up 12% to $0.868 per share
This represents a total revised scheme consideration of $2.35.
Yanlord pre-sales down 53.8% to $906.43m in October
GFA also recorded a 51.3% YoY decline to 132,070 sqm.
CapitaLand unveils two luxury residences in Vietnam
They will expand CapitaLand's Vietnam residential portfolio to over 7,300 units.
Lendlease Global Commercial REIT portfolio occupancy stays strong at 99.8%
LREIT also recorded a 90% tenant retention rate for the mall.
ESR secures first sustainability-linked loan of $944m
This is a step towards ESR’s 2025 ESG roadmap.
Prime US REIT profit up 10.7% to $36.2m in Q3
Its leasing activity more than tripled in the same period, QoQ.
CapitaLand Investment to institute two private funds in Japan, South Korea
This is set to grow funds under management by $688m.
OUE C-REIT net property income down 17.1% YoY in Q3
Meanwhile, its amount for distribution also decreased by 7.5%.
Cromwell European REIT acquires Italy warehouse for $30.6m
This is the company’s third logistics asset in the country.
Ascott Residence Trust acquires 4th US student accommodation
Seven07, located in Illinois, is worth $112.4m.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape