Commercial Property
CapitaLand's PATMI up 21.2% to $2.14b in 2019
CapitaLand's PATMI up 21.2% to $2.14b in 2019
Its Q4 revenue surged 94.8% to $926.6m, thanks to its residential developments in China.
City Developments' profit inched up 1.3% to $564.58m in 2019
Growth was driven by the unwinding of its second profit participation securities.
FCOT to waive brokerage fees for odd lots
The odd lots are part of the trust scheme in its proposed merger with FLT.
Chart of the Day: Sales volumes of offices priced over $2m rose 18.56% in 2019
There were 115 such deals for the whole year.
FCOT secures $100m sustainability-linked loan
It has a price reduction feature with interest cost savings from the second year onwards.
Ascendas REIT sells Changi South Street property to Hao Mart for $20.3m
The sale price is 14% higher than the original purchase price of $17.8m.
Singapore amongst top 5 in global data centre pipeline
It was noted for its undersea cables and low risk from natural disasters.
Chart of the Day: Sales volume of huge strata offices surged in 2019
It led the surge of strata office deals in 2019 to $1.2b.
Top 5 S-REITs averaged total return of 8.5% in 2020 YTD
Ascendas REIT leads the pack with a net institutional inflow of $69.1m.
Chart of the Day: Here are the priciest strata office deals in 2019
The most expensive deal is a 29,049 sqft building sold for $2,730 psf.
Sunseap to install rooftop solar on Boustead Projects' properties
It will also provide energy to the real estate solutions provider’s clients and tenants.
Applying property investment lessons from SARS to the COVID-19 outbreak
Unless you have been living in the remotest part of the world, you will probably be closely following the developments of the 2019-nCoV situation like...
Prime US REIT to raise $168.04m from private placement
This will fund its acquisition in California.
OUE profits soared to $255.22m in FY2019
Its profits were boosted by contributions by Gemdale Properties and Investment.
Chart of the Day: District 8 leads shophouse sales in 2019
These shophouses may have been popular to investors given its development potential.
Sasseur REIT's DPU up 4.7% to 6.53 cents in 2019
Distributable income also rose 4.7% YoY to $77.9m.
CBD Grade A office transactions down 15.4% in Q4
Buying activity went sour despite the healthy demand for office spaces.
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