Commercial Property
Keppel's net profit flops 21% to $160m in Q1
Keppel's net profit flops 21% to $160m in Q1
Profit contraction attributed to 70% divestment of interest.
CCT's NPI up 0.7% to $80.3m in Q1
This is despite the 25% crash in DPU to 1.65 cents.
Prime US REIT's NPI up 6.7% in Q1
The outpermance is driven by acquisition of Park Tower in Sacramento.
Ascendas REIT reports healthy Q1 performance
Its portfolio recorded a positive rental reversion of 8%.
FLT rebrands to Frasers Logistics & Commercial Trust after merger
The new name is said to be in line with its broadened investment mandate.
Chart of the Day: Residential listings dominate mortgagee sales in Q1
District 9 continued to account for the majority of the non-landed listings in the quarter.
Keppel DC to sell 38 million units for $91.96m
It is priced at $2.42 apiece.
City Developments extends rental relief measures
Tenants will receive more than 2.8 months of gross rental rebates in total.
Land bank redevelopment will aid MIT's net asset value: analyst
It will increase portfolio GFA and drive medium-term growth in distributions.
MIT's NPI up 10.5% to $318.06m in FY2020
Its DPU inched up 0.7% to 12.24 cents.
Retail property prices dipped 3.1% in Q1: URA
The island-wide vacancy rate widened to 8%.
Office prices down 4% in Q1: URA
The amount of occupied office space fell 7,000 sqm.
Chart of the Day: Industrial tenancies down 37.6% in Q1
Rental transactions fell as manufacturing firms halted physical footprint expansions.
Industrial space prices down 0.7% in Q1: JTC
The COVID situation could affect the completion of 1.9 million annual supply of industrial space.
CapitaLand Retail China Trust's tenant sales down 42.5% YoY in Q1
Only 34% of its stores were open on 15 February.
FCT's NPI down 1.3% to $35.96m in Q2
Growth in property expense outpaced revenue growth during the quarter.
Chart of the Day: 400,000 sqft of retail property supply set for 2020
Most of the upcoming supply will be located in the city fringe.
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