Commercial Property
Commercial real estate activity bounces back to pre-pandemic average
Commercial real estate activity bounces back to pre-pandemic average
Investment activity skyrockets 223% to $1.35b in Q3.
FLCT NPI up 12.3% to $181.27m in H2
The company also posted a 6.3% DPU increase.
Far East Orchard records net loss of $20.8m in September
The ongoing lockdowns continued to weigh down the group's hospitality segment.
Keppel cash component for SPH up 12% to $0.868 per share
This represents a total revised scheme consideration of $2.35.
Yanlord pre-sales down 53.8% to $906.43m in October
GFA also recorded a 51.3% YoY decline to 132,070 sqm.
CapitaLand unveils two luxury residences in Vietnam
They will expand CapitaLand's Vietnam residential portfolio to over 7,300 units.
Lendlease Global Commercial REIT portfolio occupancy stays strong at 99.8%
LREIT also recorded a 90% tenant retention rate for the mall.
ESR secures first sustainability-linked loan of $944m
This is a step towards ESR’s 2025 ESG roadmap.
Prime US REIT profit up 10.7% to $36.2m in Q3
Its leasing activity more than tripled in the same period, QoQ.
CapitaLand Investment to institute two private funds in Japan, South Korea
This is set to grow funds under management by $688m.
OUE C-REIT net property income down 17.1% YoY in Q3
Meanwhile, its amount for distribution also decreased by 7.5%.
Cromwell European REIT acquires Italy warehouse for $30.6m
This is the company’s third logistics asset in the country.
Ascott Residence Trust acquires 4th US student accommodation
Seven07, located in Illinois, is worth $112.4m.
JTC All Industrial Rental Index shows signs of recovery
The JTC All Industrial Rental Index continued its rebound in Q3 2021.
Mapletree Commercial net property income up 10.7% y-o-y to $189.56m
Portfolio occupancy hovered at 96%.
ESR-REIT distributable income up 15.1% to $28.6m for 3Q 2021
Core DPU also grew by 1.7% y-o-y.
Mapletree Industrial Trust DPU up 11.9% y-o-y for 2Q FY21
This was mainly due to contributions from the acquisition of data centres in North America.
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