Commercial Property
Guocoland signs $51.4m JV with Hong Leong
Guocoland signs $51.4m JV with Hong Leong
The agreement is for the development of a land parcel at Tengah Garden Avenue.
Cushman & Wakefield taps Matthew Bouw as the new chief executive for APAC, EMEA
His appointment will take effect from 1 May.
ESR-REIT’s NPI up 31.3% YoY in Q1
This was mainly attributed to the full quarter contributions from its “on-strategy” acquisitions.
Parkway Life REIT NPI up 7.5% in Q1
Revenue for the period also grew 7.3%.
PLife Reit unit divests Malaysia property for $6.09m
The company is expected to recognise an estimated gain of approximately $100,000.
Real estate investment slips in Q1 as private deals slow
Despite the slowdown, the figure reflects a 60.1% YoY increase, largely due to strong Government Land Sales.
Keppel Pacific OAK US REIT’s distributable income falls 19.3% YoY
The REIT's lower NPI also contributed to the decline.
Far East Hospitality REIT enters $22.09m sustainability-linked facility agreement
"Change of Control" may trigger repayment of the facility.
Keppel DC Reit NPI up 24.1% in Q1
It was mainly driven by acquisitions.
Industrial vacancy rose 8.8% YTD
Occupiers remain cost-conscious amidst global uncertainties.
Frasers Property Industrial forms A$600m logistics venture in Australia
The investment covers a portfolio of eight industrial assets across Sydney and Brisbane.
CDL Hospitality Trusts issues 4.9 million stapled securities for management fees
The stapled securities were issued at S$0.8505 each.
Singapore office rents steady in Q1
The city’s vacancy rate inched up to 5%, reflecting a slight cooling in demand amid cautious sentiment.
Office vacancy rises to 8.1% in Q1
Net absorption dropped to 0.08 million sq ft.
Sabana REIT NPI up 22% to $16m in Q1
DPU also rose to $0.0086.
Sinarmas Land profit down 5.5% to $154m in H2
Revenue for the period also fell 2.9%.
LHN proposes spin-off, SGX Listing for co-living unit Coliwoo
The spin-off will not affect LHN's majority stake in Coliwoo Group.
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