Commercial Property
Lendlease issues $200m perpetual securities at 4.2% rate
Lendlease issues $200m perpetual securities at 4.2% rate
Lendlease Global Commercial REIT had initially planned to issue $150m perps but was faced with strong demand.
Six startups take centre stage at CapitaLand Sustainability x Challenge finale
Six finalists were chosen, but only two will be able to pilot their greentech innovation at selected CapitaLand properties worldwide.
Banking on e-commerce growth, FLCT to acquire six new EU properties
The firm will acquire six new properties in Germany, the Netherlands and the UK.
Keppel Land to issue $280m worth of notes with 2.0% yearly fixed rate
The issuance is a part of Keppel Land’s US$3b multicurrency medium term note programme.
Mapletree Industrial Trust plans acquisition of 29 US data centres for $1.7b
This could make MIT one of the largest owners of data centres among Asia Pacific REITs.
CapitaLand pledges $3.2m for COVID relief efforts in India
The company has committed approximately $9m for COVID relief in Singapore, China, and India.
Flexibility and technology to drive a doubling in leasing activity: Colliers
These are necessary to understand the changes needed in the workplace.
Waterway Point owner obtains $589m green loan
This raises the green loans portion of Fraser Centrepoint Trust’s portfolio to 18%.
PropNex launches expansion to Cambodia
The expansion will boost the firm's salesforce to 12,000.
Prime US Reit net property incomes slips 2% in Q1
More than 90% of its portfolio was occupied during the pandemic.
ARA boosts stake in Kenedix to 30%
The target company is considered Japan’s largest independent real estate asset management group.
Cromwell European REIT net property down by just 0.4%
The real estate investment trust attributed its stable income to its expansion into four European countries.
Frasers Property net income up 18% despite hard-hit hospitality sector
Frasers Property reported a net income of $275.8m for the first half of 2021.
IFCA MSC Berhad wins Mobile - Hospitality & Leisure trophy in Malaysia Technology Excellence Awards
Its touchless mobile internet hotel management solution HotelX leads in digitising hotel businesses in the hospitality industry.
Singapore commercial property market activity leaps by 200%
Singapore is amongst those countries building momentum in the commercial market this year.
Lendlease REIT properties enjoy near-perfect occupancy
Tenant sales recovered by 94% to end the first quarter at near pre-pandemic levels.
Hongkong Land “uncertain” over COVID-19's full-year impact
The property firm has yet to determine how the prolonged pandemic will affect its performance.
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