The Business Times
IN reports released on Thursday and Friday, brokerages were optimistic about Suntec Reit’s T82U resilient office portfolio, although they were less positive on its retail portfolio as Singapore re-imposes Phase 2 (Heightened) Alert measures.
The Business Times
LED by non-landed properties, private home prices in Singapore increased 0.8 per cent in the second quarter of this year, slowing from the 3.3 per cent growth chalked up in the previous quarter.
The Business Times
The Urban Redevelopment Authority's rental index for office space in Singapore's central region rose 1.3 per cent in the second quarter of this year over the previous quarter. This is a smaller increase compared with the 3.3 per cent quarter-on-quarter rise in Q1 2021.
The Business Times
THE Urban Redevelopment Authority's rental index for office space in Singapore's central region rose 1.3 per cent in the second quarter of this year over the previous quarter. This is a smaller increase compared with the 3.3 per cent quarter-on-quarter rise in Q1 2021.
The Business Times
ESR-REIT on Friday reported its distribution per unit (DPU) rose 14.3 per cent to 1.554 Singapore cents for the half year ended June 30, 2021, from 1.359 cents in the year-ago period.
The Business Times
RESIDENTIAL land prices continue to rise, reflecting developers' optimistic outlook on private home prices and continuing hunger for land, going by the latest state land tender closings.
The Business Times
FRASERS Centrepoint Trust (FCT) said its retail portfolio occupancy remained stable during the third quarter ended June, despite disruptions from Covid-19.
The Business Times
INDUSTRIAL rents and prices in Q2 rose over the quarter for the third straight quarterly season, reflecting the economic recovery seen in the manufacturing sector, data released by JTC on Thursday showed.
The Business Times
TWO 99-year leasehold plots offered as part of the Government Land Sales Programme have each fetched nine bids at state tenders that closed on Thursday.
The Business Times
TEN commercial units used as cloud kitchens at CT Hub 2 have been sold for more than S$8.6 million or S$2,450 per square foot (sq ft) this month, Huttons said on Thursday. It did not identify the buyer.
The Business Times
INDUSTRIAL rents and prices in Q2 rose over the quarter for the third straight quarterly season, reflecting the economic recovery seen in the manufacturing sector, data released by JTC on Thursday showed.
The Business Times
ARA LOGOS Logistics Trust's distribution per unit (DPU) rose 10.6 per cent to 2.57 Singapore cents for the first half ended June 30, 2021, from 2.323 cents the year before.
The Business Times
THE manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) has announced a distribution per unit (DPU) of 1.48 Singapore cents for the half year ended June 30, 2021, more than three times the DPU of 0.47 Singapore cents a year ago.
The Business Times
SUNTEC real estate investment trust T82U (Reit)'s distribution per unit (DPU) rose 26.1 per cent to 4.154 Singapore cents for the six-month period ended June 30, 2021, up from 3.293 cents for the same period a year ago.
The Business Times
TWO office floors - levels eight and nine - at Springleaf Tower have been put up for sale with a guide price of S$2,500 per square foot on strata area, said exclusive marketing agent CBRE on Wednesday.
The Business Times
MAJOR landlords are bringing back the support schemes they provided last May, as Singapore enters Phase 2 (Heightened Alert) for the second time in three months.
The Business Times
CDL Investments New Zealand (CDI), the 66 per cent-owned subsidiary of City Developments C09 (CDL) that is listed in New Zealand, has acquired 69.4 hectares of land in Havelock North, New Zealand, the company said on Wednesday in a bourse filing.
The Business Times
TWO office floors - Levels eight and nine - at Springleaf Tower have been put up for sale with a guide price of S$2,500 per square foot on strata area, said exclusive marketing agent CBRE on Wednesday.
The Business Times
ALSET International on Tuesday announced that its 99.99 per cent-owned indirect subsidiary Alset EHome will kick off the seeding process of American Home Reit (AHR) by transferring over 20 single-family rental homes into the real estate investment trust (Reit).
The Business Times
THE Ascott has secured over 8,300 units across more than 30 properties in the first seven months of 2021, marking a 40 per cent growth compared to the same period a year ago, the company announced in a regulatory filing on Wednesday.
The Business Times
LUCAS Loh, the former chief executive officer and president of CapitaLand China, has been appointed the co-president of Hong Kong-listed property group Hopson Development Holdings, effective July 1, the group said in a bourse filing to the Hong Kong Stock Exchange on Monday.
The Business Times
LIPPO Malls Indonesia Retail Trust (LMIRT) has extended the temporary closure of its malls in Java, Bali and Medan to July 25, the manager said in a bourse filing on Wednesday morning.
The Business Times
SINGAPORE-LISTED property players have been busy actively managing their portfolios, by exiting or reducing exposure to certain asset classes and geographies while expanding in segments and markets where returns may be better.
The Business Times
THE distribution per unit (DPU) of Mapletree Logistics Trust (MLT) for the first quarter ended June 30 grew 5.7 per cent to 2.161 Singapore cents amid higher gross revenue during the period.
The Business Times
IT IS not only residents of the United Kingdom and the United States who are cheering the speed at which populations in these countries are being vaccinated and the ensuing relaxation of Covid-19 related restrictions.
The Business Times
FIRST Real Estate Investment Trust (Reit) said on Monday its subsidiaries have entered into conditional sale and purchase agreements for Sarang Hospital for around US$4.52 million.
The Business Times
THE distribution per unit (DPU) of Mapletree Logistics Trust (MLT) for the first quarter ended June 30 grew 5.7 per cent to 2.161 Singapore cents amid higher gross revenue during the period.
The Business Times
SHARES of CapitaLand climbed as much as 1.8 per cent or S$0.07 to S$3.88 as at 2.55pm on Monday, amid positive sentiment over its restructuring plan.
The Business Times
CAPITALAND Investment (CLI) is aiming to achieve S$100 billion in funds under management (FUM) by 2024 and grow its lodging business to 160,000 units under management by 2023, up from S$78 billion FUM and 123,000 units in 2020.
The Business Times
INDEX inclusion is often a key milestone for companies as it contributes to improved investor visibility which translates into potential investability, passive funds tracking, and enhanced liquidity.
The Business Times
C31PROPERTY giant CapitaLand's restructuring plan is "fair and reasonable", the independent financial adviser (IFA) in the deal said in a letter on July 17.
