CapitaLand Commercial Trust (CCT) on Thursday posted a 3.8 per cent increase in distribution per unit (DPU) to 2.2 Singapore cents for its first quarter ended March 31, 2019, up from 2.12 cents paid out a year ago.
ISSUES with tenants are "unavoidable" but are unlikely to concern real estate investment trusts (Reits) as most of them are diversified and have measures in place, said DBS Group amid news of some Reits being briefly impacted after CWT's parent defaulted on a loan agreement.
ISSUES with tenants are "unavoidable" but are unlikely to concern real estate investment trusts (Reits) as most of them are diversified and have measures in place, said DBS Group amid news of some Reits being briefly impacted after CWT's parent defaulted on a loan agreement.
DEVELOPER SingHaiyi Group and its joint-venture (JV) partners - Suntec Reit and Haiyi Holdings - on Wednesday announced that UBS Singapore has signed on to take up all the office space at the redeveloped Park Mall building, confirming a report by The Business Times (BT) on Apr 1 that the Swiss lender was mulling a consolidation of its Singapore office footprint.
FAR East Hospitality (FEH) will expand into Vietnam in the next few years, as the Singapore hotelier bets on the country's fast-growing tourism market.
KEPPEL Reit's first quarter distribution per unit (DPU) fell 2.1 per cent to 1.39 Singapore cents from 1.42 cents in the corresponding quarter a year ago.
SOILBUILD Business Space Reit on Wednesday declared a distribution per unit (DPU) of 1.198 Singapore cents for the first quarter ended March 31, down 9.5 per cent from 1.324 cents a year ago as expense increases outpaced revenue growth.
SINGAPORE Press Holdings (SPH) has added £133.7 million (S$236.5 million) worth of assets to its United Kingdom student accommodation portfolio, increasing it by 1,243 beds to 5,059 across 20 assets in 10 cities.
KEPPEL-KBS US Reit on Tuesday declared a distribution per unit (DPU) of 1.5 US cents for the first quarter, 23 per cent higher than the forecasted 1.22 US cents.
REAL estate investment sales in Singapore fell 52 per cent year on year to S$5.3 billion in the first quarter of 2019, on cooling in the latest bout of en-bloc fever and from residential property curbs.
THINKING out of the box will be imperative for developers eyeing the new Jurong Lake District (JLD) tourism development project.
LOGISTICS real estate company ESR has obtained a 20 billion yen (S$242 million) loan from United Overseas Bank (UOB) to partially fund its acquisition of a plot of land in Yokohama, Japan, to be developed into a billion-dollar distribution centre.
REAL estate investment sales in Singapore fell 52 per cent year on year to $5.3 billion in the first quarter of 2019, on cooling in the latest bout of en-bloc fever and from residential property curbs.
DEVELOPER SingHaiyi Group expects to launch in about two weeks two freehold projects in Bartley at "plus or minus" S$2,000 per square foot (psf), deputy chief executive Gregory Sim said at a media preview on Monday.
A WAVE of new launches after the Chinese New Year lull boosted developers' sales in March, with 1,054 private homes having been sold. This was up from the 455 units moved in February and 47 per cent higher than in March last year.