Commercial Property
TripleOne Somerset secures tenant in co-working space firm IWG
TripleOne Somerset secures tenant in co-working space firm IWG
IWG will lease 35,000 sqft and two floors for its Amsterdam-grown Spaces concept.
Mapletree Greater China Commercial Q4 NPI down 6% to $72.86m
Revenue fell due to the reversal in VAT for Gateway Plaza.
Frasers Centrepoint Trust Q2 NPI up 6.9% to $34.8m
The revamp of Northpoint City North Wing allowed it to recover revenue.
Suntec REIT Q1 net property income up 1.9% to $62.99m
It was boosted by higher revenue from Suntec Singapore and Suntec City Mall.
CapitaLand Commercial Trust loses 85% of Bugis Village's value
It will be returned to the State on 1 April 2019.
Frasers Logistics and Industrial Trust's European debut to boost DPU: analysts
FLIT bought 21 industrial properties in Germany and the Netherlands from its sponsor.
Mapletree Commercial Trust year-end NPI jumped 15.9% to $338.85m
VivoCity and MBC I contributed higher revenue due to step-up rents.
Oxley and SLB Development buy Pei Fui industrial building for $76.25m
They intend to redevelop the property.
ESR REIT buys ramp-up logistics facility for $95.8m
This boosted the REIT’s exposure to the logistics sector to 27.1%.
JTC launches two sites in Tuas South Link 3
It also began the tender for a reserve list site in Tuas South Link 1.
CapitaLand Commercial Trust NPI up 10.5% to $77.2m in Q1
It received higher income from Asia Square Tower 2, Capital Tower, and 6 Battery Road.
Mapletree Industrial Trust year-end NPI up 8.1% to $277.6m
Revenue was higher thanks to contributions from its build-to-suit project for HP.
Ascendas Reit Q4 net property income up 2.5% to $157.87m
Its revenue was up due to four newly acquired properties.
Freehold site near old New World Amusement Park launched for sale
Foreigners are allowed to buy the $13.5m site.
CapitaLand Mall Trust NPI rose 4.7% to $125.65m in Q1
High occupancy in IMM, Clarke Quay, and two other properties boosted revenue and income.
Frasers Logistics and Industrial Trust buys 21 European properties for $515.4m
It marks the company’s strategic entry into German and Dutch logistics and industrial markets.
Frasers Commercial Trust NPI down 25% to $22.43m in Q2
It blamed lower occupancy in five properties, including China Square Central.
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