Commercial Property
Chart of the Day: Real estate investment sales volume dropped 43% to $13.5b in H1
Chart of the Day: Real estate investment sales volume dropped 43% to $13.5b in H1
Transactions for mixed-use properties crashed 90.2%.
CapitaLand Retail China Trust NPI up 7.3% to $40.36m
Rents across its malls grew whilst operating expenses dipped.
Singapore's JustCo leases 16-storey building in Seoul CBD
The 140,000-sqft space will open its doors in November 2019.
Temasek sells joint-owned office asset for $1.6b
Allianz will own 60% of the assets whilst Gaw Capital will hold the remaining 40%.
Mapletree North Asia Commercial Trust NPI up 10.7% to $85m in Q1
Higher rental incomes from Festival Walk, Gateway Plaza and Sandhill Plaza boosted revenue.
Chart of the Day: Warehouse rents down 1.5% in Q2
Rents for first-storey and upper-storey multi-user factories also slipped 0.5%.
CapitaLand's Raffles City Chongqing achieves 95% retail leasing rate ahead of September launch
Adidas Sportswear Collective, Haidilao hotpot and Charles & Keith will open its stores in the mall.
Top office REITs averaged 19.6% YTD return
Mapletree Commercial Trust was the strongest performer with YTD total returns of 28.6%.
Frasers Logistics & Industrial Trust's NPI climbed 24.4% to $46.3m in Q3
Acquisitions in Australia and Europe pushed income up.
Chart of the Day: Office property investments nearly doubled to $1.9b in Q2
It outgrew the residential segment where investments plummeted to $914.2m.
Mapletree Industrial Trust eyes international buys to boost overseas AUM to 30%
It could enter third party deals in Europe and Asia to drive DPU growth.
Office prices climbed 0.9% in Q2: URA
Rentals of office space also rose 1.3% in the same period.
Mapletree Commercial Trust's NPI inched up 2.8% to $88.35m in Q1
All properties except Mapletree Anson performed strongly in terms of contributions.
Suntec REIT's NPI down 7.4% to $114.56m in H1
Sinking fund contribution for Suntec City Office’s upgrades worth $8m hit earnings.
Industrial property occupancy rates inched up 0.6 pp in Q2
Multiple-user factory spaces recorded a 1.2 pp increase in occupancy to 87.2%.
How will Capitaland Mall Trust see rental growth amidst incoming competition?
Its portfolio occupancy slipped slightly to 98.3% as at end-Q2 2019.
CapitaLand upsizes stake in Morganite by 20% for $4.4m
The group now holds 55% of the property development firm.
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