Commercial Property

CRCT's NPI fell 18.6% to $65.28m in H1

It was affected by the absence of contribution from CapitaMall Erqi.

UOL bags $120m green loan from UOB

The 23-storey hotel is targeted to open in 2021.

Oxley expects net loss for H2 and FY2020

The results will be released on or before 29 August.

MNACT's NPI down 19.5% to $68.5m in Q1 FY2021

The decline was mainly attributed to rental reliefs granted to tenants.

CapitaLand begins construction on third IT park in Chennai, India

Phase 1 will comprise two buildings offering 2.6 million sqft of premium Grade A office space.

Offices in financial district 'highly vulnerable' to rising sea levels: study

Office spaces in 51 buildings are in high flood risk areas as of Q1.

Retail space prices shrink 1.5% in Q2

The island-wide vacancy rate rose to 9.6% during the second quarter.

Office space prices drop 4.3% in Q2

The island-wide vacancy rate has increased to 12.1% during the same period.

Industrial property prices down 1.7% in Q2

However, JTC noted that this does not cover the full impact of the pandemic.

Elite Commercial REIT posted $15.97m NPI since listing

It saw greater profit than expected due to higher revenue and savings.

CapitaLand Commercial Trust's NPI down 4.5% to $151.1m in H1 2020

Its Singapore properties were affected by upgrading works and lower occupancies.

Keppel Pacific Oak US REIT's NPI up 15.7% to $58m in H1

This was driven by contributions from One Twenty Five in Dallas, Texas.

3 commercial shophouses in district 1 & 2 launched for sale

The shophouses are located in the popular, hipster areas of Ann Siang and Keong Siak.

CapitaLand Mall Trust NPI crashed 20.8% to $216.35m in H1

This was attributed to lower gross rental income arising from the rental waivers granted to tenants.

Keppel DC REIT's NPI up 32.1% to $114.22m in H1

This is attributed to the firm’s acquisitions of Keppel DC Singapore 4 and DC1.