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CapitaCommercial reports 19.2% rise in Q3 distributable income

CapitaCommercial Trust said Wednesday its distributable income for the third quarter rose 19.2 percent from a year earlier. The commercial property i ...

Ascendas REIT books 20% improvement in H1 distributable income to S$80m

Ascendas REIT says its distributable income for the first half of the year improved by 20 percent on year.This amounts to over S$80 million. This wil ...

Indonesia’s Lippo Group buys waterfront condo site at Sentosa for $234.7m

Indonesia's Lippo Group has bought a waterfront condominium site on Sentosa for nearly S$235m. It beat six other bidders for the site which measures ...

Retail and F&B sectors set for higher growth even as rental goes up

Retailers bagged good sales in the first half of this year and the trend is set to continue. However, analysts say strong demand for prime retail spa ...

Wing Tai acquires Ardmore Point for S$201m in collective sale

Wing Tai has signed a collective sale agreement to acquire Ardmore Point at Ardmore Park for S$201 million. It plans to redevelop the 60,500 square f ...

Singapore requires another 20,000 hotel rooms

The recently concluded IMF/World Bank meetings have given the hotel industry many reasons to smile. According to the Jones Lang LaSalle Hotels, both ...

Singapore’s GDP up 7.1% on-year in Q3, monetary policy unchanged

Advance estimates showed that Singapore's real gross domestic product (GDP) rose by 7.1 per cent in the third quarter compared to the same period in 2 ...

How to determine what you can afford

One of the most common pieces of financial advice is to make and stick to a budget. But what does that mean exactly? It’s easy to know if you can or c ...

Rentals for Singapore retail properties set to rise by 5%-9%: Knight Frank

Rentals for retail properties in Singapore are poised to increase by between 5 and 9 percent this year. A report by property consultant Knight Frank ...

Strong demand for global property, REITs in Asia, Europe: fund manager

Fund manager Henderson Global Investors is upbeat about the global property and real estate investment trust industry.It says while REITs were introdu ...
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