Commercial Property

Test Article
15 Jun 21
Test Article
SPH subsidiary issues £83m notes on The International Stock Exchange
3 Jun 21
Privilege Midco Limited, a UK-based wholly-owned subsidiary of SPH, issued all of its notes to its sole shareholder.
Proptech firm LOL Interactive launches online mortgage platform
3 Jun 21
The firm plans to use the Singapore launch as a stepping stone to Southeast Asian markets.
MNACT issues maiden $250m perps at 3.50% interest rate
2 Jun 21
Mapletree North Asia Commercial Trust has priced $250m of perpetual securities at 3.50%.
Lendlease Global Reit manager appoints Ng Hsueh Ling as chairman
1 Jun 21
Ng will take over from outgoing chairman Anthony Peter Lombardo.
CapitaLand fully acquires DLSP-Ascendas for $103m
28 May 21
DLSP-Ascendas holds Dalian Ascendas IT Park in China.
Lendlease issues $200m perpetual securities at 4.2% rate
28 May 21
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
24 May 21
Six finalists were chosen, but only two will be able to pilot their greentech innovation at selected CapitaLand properties worldwide....
FLCT to acquire six new European properties
24 May 21
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
21 May 21
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
21 May 21
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
20 May 21
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
20 May 21
These are necessary to understand the changes needed in the workplace.
Waterway Point owner obtains $589m green loan
19 May 21
This raises the green loans portion of Fraser Centrepoint Trust’s portfolio to 18%.
PropNex launches expansion to Cambodia
19 May 21
The expansion will boost the firm's salesforce to 12,000.
Prime US Reit net property incomes slips 2% in Q1
19 May 21
More than 90% of its portfolio was occupied during the pandemic.
ARA boosts stake in Kenedix to 30%
17 May 21
The target company is considered Japan’s largest independent real estate asset management group.
Cromwell European REIT net property down by just 0.4%
14 May 21
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
14 May 21
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
12 May 21
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%
11 May 21
Singapore is amongst those countries building momentum in the commercial market this year.
Lendlease REIT properties enjoy near-perfect occupancy
7 May 21
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
7 May 21
The property firm has yet to determine how the prolonged pandemic will affect its performance.
ESR-Reit launches private placement to raise $150m
7 May 21
It will be used to fund the acquisition of Singapore and Australian assets.
SingHaiyi Group launches three-way joint tender
7 May 21
The tender is for the well-known $276.8m property in Maxwell Road.
Ascendas REIT private placement oversubscribed at $2.944
6 May 21
Parts of the proceeds of the private placement will be used to fund its acquisition of Galaxis.
HDB resale volume dips by 4.4% in April
6 May 21
This comes as the prices of those resales continue to rise for the tenth month in a row.
AA REIT DPU jumps 41.5% to 2.90 cents
5 May 21
Its distribution to unitholders also increased to $20.5m.
OUE C-REIT net property income slips l.6% to $61.1m
5 May 21
While its commercial portfolio remained resilient, OUE C-REIT's hospotality business took a hit in the first quarter.
Ascendas Reit to acquire remaining 75% interest in Galaxis
5 May 21
The acquisition is estimated to be worth a total of $534.4m.
City Developments in the midst of a board exodus
4 May 21
Lim Yin Nee Jenny is the fourth director to resign from the property developer's board.
OUE C-Reit redeems $155m convertible units in One Raffles Place deal
4 May 21
THe units will be redeemed on 1 June.
Mapletree Industrial Trust distributable net property income up 11.3%
30 Apr 21
The REIT found the fiscal year challenging as tenants struggled during the pandemic.
ARA acquires 50% stake in Dasin Retail Trust Management
30 Apr 21
The company plans to extend its reach in China’s Greater Bay Area.
ESR-Reit divests two "non-core" assets for $53m
29 Apr 21
ESR-Reit divests of an industrial building and a warehouse for additional funds.
LHN Limited acquires Geylang Road property for $13.5m
29 Apr 21
The real estate management firm bought it under an Option to Purchase agreement.
Starhill Global REIT net property income hops 0.6% in its Q3
27 Apr 21
The investment trust said its income was stable amidst uncertainties caused by the pandemic.
Colliers strengthens team with key appointments in Singapore
27 Apr 21
Promotions and appointments were also made in Hong Kong, Korea and Japan.
CICT net property income up 66.6% to $247m
27 Apr 21
CapitaLand Integrated Commercial Trust is optimistic about the gradual easing of safe management measures.
Ascendas REIT posts 86.9% portfolio occupancy in Q1
26 Apr 21
The QoQ decline was largely due to non-renewals at the TÜV SÜD PSB Building.

Sign Up For Newsletter

 

Follow Us