Entries by meyer

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CapitaLand Ascendas REIT reports a 3.5% increase in DPU for FY2022, with a 10-year high in occupancy

Read more: 2023 will witness a further improvement in prime retail rents, with Orchard Road setting the pace CapitaLand Ascendas REIT (CLAR) has reported 3.5% higher y-o-y distribution per unit (DPU) to 15.798 cents, supported by the fact that portfolio occupancy reached an all-time high that was 94.6% in FY20222 ended December. Reit’s DPU for […]

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The 2HFY2022 DPS of 3.33 cents has increased by 47%, according to CapitaLand Ascott Trust

Read more: Trends in the workplace will be dominated by productivity, technology, and sustainability in 2023 The CLAS managers CapitaLand Ascott Trust (CLAS) have reported a distribution for each stapled security (DPS) of 3.33 cents for the period that ending December 31 2022. CLAS’s DPU of the 2nd quarter of FY was 47% over 2HFY2021’s […]

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Private housing costs rise 0.4% in the fourth quarter of 2022 despite buyers’ and developers’ caution

Read more: Chinese purchasers will gradually expand in the Singapore residential market in 2023 The prices of private residential properties were up 0.4% q-o-q in 4Q2022. This was slightly better result over what was recorded in the 0.2% q-o-q increase indicated in the flash estimates published by URA on the 3rd of January. However, it’s […]

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In a business update, Frasers Centrepoint Trust announces increased committed occupancy

Read also: In 1H2023, the investment market will continue to be in a price-discovery mode Frasers Centrepoint Trust reported all general improvement in its malls. The portfolio’s committed occupancy grew by 0.9%-pt in the last quarter and 1.2%-pt year-over-year up to 98.4% as leasing demand is still strong, the FCT’s managing director reported. This was […]

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Thailand’s AWC will spend $40 million upgrading an office building in Bangkok

Asset World Corp (AWC) is an integrated real estate firm that is part of Thai group TCC Group, has announced the announcement of a THB1 billion ($40 million) investment to renovate the company’s flagship Bangkok office The Empire. The Empire. Marina View Residences brochure showcases the development comes with many amenities, including restaurants, F&B outlets, […]

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M&G Real Estate Asia purchases a $267 million interest in a Tokyo logistics complex

M&G Real Estate Asia is part of M&G’s private asset as well as alternatives, is now the majority shareholder of ESR Ichikawa Distribution Centre, an logistics facility located situated in Tokyo, Japan. In a press announcement, M&G announced that through its M&G Asia core property strategy it made an investment of 267 million ($353 million) […]