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SRI NEWSROOM

Find all the latest news on SRI and happenings in the Singapore real estate market.
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Frasers Centrepoint Trust's committed retail portfolio occupancy at 97.2% in Q1
Latest News From The Business Times

Frasers Centrepoint Trust's committed retail portfolio occupancy at 97.2% in Q1

Jan 25, 2022


THE manager of Frasers Centrepoint Trust J69U (FCT) on Tuesday (Jan 25) reported that committed occupancy for the retail portfolio was stable at 97.2 per cent in Q1 FY2022 ended December, on the back of new retail concepts and brands introduced to refresh shopper experience and ensure sustainable trading.

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Starhill Global Reit posts 2.3% rise in H1 FY21/22 DPU to S$0.0178

Jan 25, 2022


STARHILL Global Reit P40U on Tuesday (Jan 25) posted a distribution per unit (DPU) of S$0.0178 for the first half of the fiscal year FY2021/22 ended Dec 31, 2021, up 2.3 per cent from a DPU of S$0.0174 in the corresponding year-ago period.

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Singapore property market could see limited impact from tightened monetary policy

Jan 25, 2022


ECONOMISTS do not expect a slight appreciation in the Singapore dollar (SGD) to deter foreign property developers and buyers. Some say it may even be a boon.

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Keppel Reit 'quietly confident' despite fall in office occupancy; H2 DPU down 1.7% to S$0.0288

Jan 25, 2022


KEPPEL Reit K71U on Tuesday posted a distribution per unit (DPU) of S$0.0288 for the second half of fiscal year 2021 ended December, down 1.7 per cent from S$0.0293 in the corresponding year-ago period.

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CICT to divest JCube for S$340m

Jan 25, 2022


CAPITALAND Integrated Commercial Trust (CICT) is divesting leisure and edutainment mall JCube for a consideration of S$340 million, its manager announced in a bourse filing on Monday night (Jan 24).

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FLCT to divest Cross Street Exchange for S$810.8m

Jan 25, 2022


FRASERS Logistics and Commercial Trust (FLCT) (BUOU), through its sub-trust Frasers Commercial Trust, will be divesting its remaining leasehold interest in its mixed-use commercial property, Cross Street Exchange, for S$810.8 million.

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Thorny issues around parental help in buying homes

Jan 24, 2022


RISING HDB resale prices and more million dollar resale HDB flats being transacted hogged the headlines in Singapore property in 2021.

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Keppel DC Reit H2 DPU up 2.8% to S$0.04927; potential lifting of moratorium 'not a concern'

Jan 24, 2022


THE manager of Keppel DC Reit has brushed aside concerns over the potential impact of new supply of data centres in Singapore, as the government mulls the lifting of a moratorium on the development of new data centre facilities that has been in place since 2019.

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Suspended stock Astaka inks MOU to jointly undertake land development projects with RM1b development value

Jan 24, 2022


PROPERTY developer Astaka Holdings has entered into a non-binding memorandum of understanding (MOU) through its subsidiary Astaka Padu with Malaysian company DMR Holdings for a potential collaboration to jointly undertake land development projects in Johor, Malaysia.

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Keppel DC Reit H2 DPU up 2.8% to S$0.04927; potential lifting of moratorium ‘not a concern’

Jan 24, 2022


KEPPEL DC Reit (Keppel DC Reit) AJBU on Monday (Jan 24) reported a distribution per unit (DPU) of S$0.04927 for the second half of the fiscal year ended Dec 31, 2021, up 2.8 per cent from DPU of S$0.04795 in the corresponding year-ago period.

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Yanlord sells all units at Shanghai Poetic Villa inaugural launch, bags 3.2b yuan in pre-sales

Jan 24, 2022


REAL estate developer Yanlord Land Group on Monday (Jan 24) announced that it has sold all 514 apartment units during the inaugural launch of its Poetic Villa project in Shanghai.

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Singapore shophouse sales hit record S$1.9b in 2021

Jan 24, 2022


SHOPHOUSE sales in Singapore hit an all-time high value of S$1.9 billion in 2021, up by approximately S$1 billion from the year before, according to Knight Frank's latest market update on Jan 24.

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