Commercial Property
Global Logistics Properties anchors growth in China
Global Logistics Properties anchors growth in China
Its rental growth in the Asian powerhouse reached 21%.
Far East Hospitality Trust's RevPAR slips 1.3% to $314
The increased supply dampen the room rates.
Roxy-Pacific nabs its 2nd hotel in Japan
It’s a 154-room hotel near the longest shopping street in Japan.
GLP to delist from SGX after privatisation deal
Nesta eyes expanding GLP's platform to new markets.
Frasers Centrepoint's net profit jumps 18.4% to $182.4m
Thanks to the group's business in Australia.
Oakwood Premier OUE Singapore welcomes its first residents
It has 268 units, which comprise of studios, one-bedroom and two-bedroom apartments.
Singapore's property investment market soars 50% to $8.1b
It rose as the fourth biggest commercial real estate market in the region.
WeWork acquires coworking startup Spacemob
As they strengthen their foothold in key cities across Asia.
ESR in talks to acquire struggling Sabana REIT
The firm is being backed by Warburg Pincus.
GLP's net profit down 17.3% to $281.7m
Blame the 12.4% rise in property-related expenses.
Condo resale volume falls 9.7% to 952 units in July
Whilst resale prices dipped 0.5%.
LMIRT's NPI grows 8.6% to $46.8m in Q2
A 10.5% increase in gross rental income boosted the company’s revenue.
UOL's net profit soars 78% to $121.8m
Thanks to strong contributions from Principal Garden.
Chart of the Day: Which property sector captured the biggest slice of investment sales?
The sector managed to record sales of $3.96b.
Far East H-Trust NPI dips 1.4% to $23.2m for Q2
No thanks to lower master lease rental from hotels and residences.
OUE C-REIT's DPU down 15.4% to 1.2 cents
A $150m private placement diminished the company’s DPU.
Oxley acquires 7.11% stake in United Engineers
The acquisition is worth $120.3m.
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