Singapore Property Analyst

Anni Kum

Thematic (Sector/Industry)

An active week in acquisition and divestment, this week also marked the end of the REITs earnings season. Acquisition<a href="https://www.smartkarma.com/entities/39" target="_blank" data-smartkarma-citation="entities:39:1">Ascendas Real Estate Investment Trust (AREIT SP)</a> is acquiring a logistics property, Cargo Business Park, located at 56 Lavarack Avenue, in Brisbane, Australia for A$33.5 million (S$33.9 million ) from TS1 (Qld) Pty Ltd. Cargo Business Park is strategically located near the Brisbane Airport and the CBD. Presently 87.4% occupied, the property comes with a 12-month rental guarantee…

An active week in acquisition and divestment, this week also marked the end of the REITs earnings season. AcquisitionAscendas Real Estate Investment Trust (AREIT SP) is acquiring a logistics property, Cargo Business Park, located at 56 Lavarack Avenue, in Brisbane, Australia for A$33.5 million (S$33.9 million ) from TS1 (Qld) Pty Ltd. Cargo Business Park is strategically located near the Brisbane Airport and the CBD. Presently 87.4% occupied, the property comes with a 12-month rental guarantee…

Frasers Logistics & Commercial Trust (FLT SP)

Singapore REIT Talk (2 - 10 Aug): Industrial and Logistics Sector in Focus