ASCENDAS India Trust on Wednesday posted a distribution per unit (DPU) of S$0.036 for the second half of the fiscal year 2021 ended December, down 14 per cent from a DPU of S$0.0419 in the corresponding year-ago period.
EVOLVING shopping trends amid the pandemic has lifted sales by tenants at Frasers Centrepoint Trust's (FCT) portfolio of suburban retail malls to above pre-Covid levels in its first quarter ended December.
OCBC Investment Research on Wednesday (Jan 26) lowered its fair value estimate on Mapletree Industrial Trust (MIT) to S$3.30 from S$3.42. It has a "buy" rating on the counter.
TENDERS for residential sites at Jalan Tembusu and Lentor Hills Road Parcel A have been awarded to their respective highest bidders, announced the Urban Redevelopment Authority (URA) in a press statement on Wednesday (Jan 26).
THE Building and Construction Authority (BCA) has projected the total value of construction contracts awarded in 2022 to be between S$27 billion and S$32 billion, it said on Wednesday (Jan 26).
THE closing date of Sultan Plaza's collective sale has been extended to Mar 3, 2022, to obtain an in-principle approval (IPA) for a potential sale of an adjacent piece of land.
ARA Logos Logistics Trust (ALog Trust) (K2LU) on Tuesday (Jan 25) posted a distribution per unit (DPU) of S$0.02464 for the second half ended Dec 31, 2021, compared with S$0.02927 in the year-ago period.
AT last week's Government Land Sales (GLS) tender - for two 99-year leasehold private housing sites - the top bids broke an optimistic streak of rising land prices at state tenders last year.
STARHILL Global Reit on Tuesday (Jan 25) posted a distribution per unit (DPU) of S$0.0178 for the first half of the fiscal year FY2021/22 ended Dec 31, 2021, up 2.3 per cent from a DPU of S$0.0174 in the corresponding year-ago period.
THE manager of Frasers Centrepoint Trust (FCT) on Tuesday (Jan 25) reported that committed occupancy for the retail portfolio was stable at 97.2 per cent in Q1 FY2022 ended December, on the back of new retail concepts and brands introduced to refresh shopper experience and ensure sustainable trading.
THE manager of Frasers Centrepoint Trust J69U (FCT) on Tuesday (Jan 25) reported that committed occupancy for the retail portfolio was stable at 97.2 per cent in Q1 FY2022 ended December, on the back of new retail concepts and brands introduced to refresh shopper experience and ensure sustainable trading.
STARHILL Global Reit P40U on Tuesday (Jan 25) posted a distribution per unit (DPU) of S$0.0178 for the first half of the fiscal year FY2021/22 ended Dec 31, 2021, up 2.3 per cent from a DPU of S$0.0174 in the corresponding year-ago period.
ECONOMISTS do not expect a slight appreciation in the Singapore dollar (SGD) to deter foreign property developers and buyers. Some say it may even be a boon.
KEPPEL Reit K71U on Tuesday posted a distribution per unit (DPU) of S$0.0288 for the second half of fiscal year 2021 ended December, down 1.7 per cent from S$0.0293 in the corresponding year-ago period.
CAPITALAND Integrated Commercial Trust (CICT) is divesting leisure and edutainment mall JCube for a consideration of S$340 million, its manager announced in a bourse filing on Monday night (Jan 24).
FRASERS Logistics and Commercial Trust (FLCT) (BUOU), through its sub-trust Frasers Commercial Trust, will be divesting its remaining leasehold interest in its mixed-use commercial property, Cross Street Exchange, for S$810.8 million.
THE manager of Keppel DC Reit has brushed aside concerns over the potential impact of new supply of data centres in Singapore, as the government mulls the lifting of a moratorium on the development of new data centre facilities that has been in place since 2019.
Suspended stock Astaka inks MOU to jointly undertake land development projects with RM1b development value
PROPERTY developer Astaka Holdings has entered into a non-binding memorandum of understanding (MOU) through its subsidiary Astaka Padu with Malaysian company DMR Holdings for a potential collaboration to jointly undertake land development projects in Johor, Malaysia.
KEPPEL DC Reit (Keppel DC Reit) AJBU on Monday (Jan 24) reported a distribution per unit (DPU) of S$0.04927 for the second half of the fiscal year ended Dec 31, 2021, up 2.8 per cent from DPU of S$0.04795 in the corresponding year-ago period.
REAL estate developer Yanlord Land Group on Monday (Jan 24) announced that it has sold all 514 apartment units during the inaugural launch of its Poetic Villa project in Shanghai.
SHOPHOUSE sales in Singapore hit an all-time high value of S$1.9 billion in 2021, up by approximately S$1 billion from the year before, according to Knight Frank's latest market update on Jan 24.
MAINBOARD-LISTED Frasers Property has appointed Soon Su Lin as the new chief executive officer (CEO) of its Singapore unit with effect from Apr 1, 2022, it said in a bourse filing on Monday (Jan 24).
THE scheme consideration for the proposed merger of Ara Logos Logistics Trust K2LU and ESR-Reit J91U has been raised to S$0.097 in cash and 1.7729 in ESR-Reit units for every ALog unit, from S$0.095 in cash and 1.6765 in ESR-Reit units previously.
DBS Group Research on Friday (Jan 21) downgraded Sabana Industrial Real Estate Investment Trust (Sabana Reit) to "hold" from "buy" based on valuations.
Singapore is third most preferred destination in Apac for cross-border real estate investment in 2022: CBRE
SINGAPORE has been ranked the third most preferred destination for cross-border real estate investment in Asia-Pacific in 2022, according to the findings of CBRE's latest Asia Pacific Investor Intentions Survey.
KEPPEL Data Centre Fund II has achieved US$1.1 billion worth of total commitments at its final close with Asian Infrastructure Investment Bank (AIIB) joining as its latest investor.
Tayrona Capital Group Corp has shared certain bank documents with Hatten Land to prove its availability of funds for its payment consideration of US$83 million, Hatten Land said on Thursday (Jan 20) in response to queries from the Singapore Exchange.
MAINBOARD-LISTED Yanlord Land Group has sold all 226 apartments in the second phase of a Shanghai residential project's launch, the group announced on Thursday (Jan 20).
REAL estate and healthcare company Perennial Holdings is planning to redevelop the former Caldecott Broadcast Centre site into 15 Good Class Bungalows (GCBs), making it the first major 99-year leasehold GCB site to be launched.
A EUROPEAN logistics real estate fund managed by Elite Partners Capital has completed the sale of its entire portfolio to a fund managed by the Blackstone Group for 520 million euros (S$795 million).