THREE adjoining office units at Peninsula Plaza will be put up for sale in an expression of interest exercise on Thursday at a guide price of S$9.29 million, exclusive marketing agent CBRE said.
SUNTEC Real Estate Investment Trust (Suntec Reit) on Wednesday morning reported a slight rise in first-quarter distribution per unit (DPU) to 2.434 Singapore cents from 2.433 cents a year ago.
INDUSTRIAL landlord ESR Reit saw an 18.9 per cent jump in distribution per unit (DPU) to 1.007 Singapore cents for its first quarter from 0.847 cent a year ago, on the back of contributions from Viva Industrial Trust's properties post-merger.
CAPITALAND Mall Trust (CMT) is raising its first-quarter distribution per unit by 3.6 per cent to 2.88 Singapore cents from a year-ago 2.78 Singapore cents as the retail landlord completed its acquisition of Westgate Mall, the trust manager announced on Wednesday before the market opened.
REAL estate investment group ARA Group is spinning off US$719.5 million of US hotels under the Hyatt brand into a business trust that it wants to list on the Singapore Exchange (SGX).
AIMS Apac Reit (AA Reit) posted a higher distribution per unit (DPU) of 2.75 Singapore cents for its fourth quarter ending March 31, up 4.6 per cent from the year-ago period. AA Reit units closed unchanged at S$1.40 on Tuesday.
PINE Grove's S$1.86 billion mega collective sale tender ended on Tuesday with no bidders.
KEPPEL Reit is acquiring a 99.38 per cent stake in T Tower, a freehold Grade A office building located in Seoul's central business district (CBD), for 252.6 billion won (S$301.4 million), its manager Keppel Reit Management said on Tuesday. The remaining stake will be bought by a unit of Keppel Corp's subsidiary, Keppel Capital Investment Holdings.
FRASERS Property's Australia arm and Japanese developer Sekisui House have placed the final three retail assets of their A$2 billion (S$1.93 billion) Central Park development in Sydney on the market, in the hopes of securing more than A$170 million.
CAPITALAND has sold a group of companies that own and manage its self-storage business, StorHub, for an aggregate S$179.5 million to an unrelated and undisclosed buyer.
MAPLETREE Commercial Trust (MCT) posted a higher distribution per unit (DPU) of 2.31 Singapore cents for the fourth quarter ended March 31, up 1.8 per cent from 2.27 cents a year ago.
FREEHOLD property Le Arc Apartment off Geylang Road is up for collective sale again, with the owners now expecting a minimum offer of S$18.5 million, marketing agent ERA Realty Network said on Tuesday.
MAINBOARD-LISTED United Industrial Corp (UIC), flush from consolidating its ownership of Marina Square, turned in double-digit first-quarter earnings growth on Tuesday.
MALAYSIA developer Aspen (Group) Holdings on Tuesday announced that its latest residential project in Batu Kawan, Penang is 90 per cent booked after a unit selection event on Apr 20 and 21.
MAPLETREE Commercial Trust on Tuesday posted distribution per unit (DPU) of 2.31 Singapore cents for the fourth quarter ended March 31, up 1.8 per cent from 2.27 cents a year ago.