pstrongThe REIT also reported stable occupancy rates in the period./strong/p pParagon REIT reported a $73.8m revenue for 1Q24, an increase from the $72.0m in 1Q23./p pThis growth is mainly attributed to its Paragon asset which accounts for $44.5m of the total revenue./p pbALSO READ: a href="https://sbr.com.
The REIT also reported stable occupancy rates in the period.AIMS APAC REIT distribution per unit slips 5.9% YoY in FY2024
Its portfolio maintained a robust occupancy rate of 98.1%, with full occupancy in all of its three Singapore assets and occupancy rates of 97.0% and 97.8% in its two Australian assets. In the same period, tenant sales from its Singapore assets also rose 1.4% YoY to $236.9m whilst tenant sales from its Australia assets slipped 0.8% YoY to A$238.5m ....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.3. Startup future-proofs coffee with bean-free alternative amidst climate crisisThomson Medical Group to issue $140m notes at 5.
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Sabana Industrial REIT's occupancy rate drops to 83% in 1Q24Sabana Industrial Real Estate Investment Trust (REIT) reported a decline in its occupancy rate for the first quarter of 2024 (1Q24) to 83% from 91.2% in the previous quarter (4Q23) due to the repossession of 33 & 35 Penjuru Lane.
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Suntec REIT's distributable income dips 1.1% YoY in 1Q24pstrongWith lower income, the REIT also reported a 1.8% dip in DPU./strong/p pSuntec REIT posted a 1.1% YoY lower distributable income to unitholders of $44m in 1Q24./p pThe REIT also recorded a 1.8% YoY drop in its distribution per unit (DPU) from operations to $0.01511.
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Digital Core REIT's net property income drops 9.5% in 1Q24pstrongDistributable income also declined, dropping 2.4%./strong/p pReal estate firm Digital Core REIT saw its net property income fall 9.5% YoY to $21.49m (US$15.79m) in the 1Q24./p pIts revenue also fell 8.2% YoY to $33.45m (US$24.58m) in the same period.
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Investment volume drops 34.7% YoY to $4b in 1Q24pstrongGLS tenders played a significant role in the investment volume./strong/p pInvestment volume hit fell 34.7% YoY to $4.0b in 1Q24, Colliers reported./p pThe investment volume also fell across segments, with the commercial sector posting the largest decline of 52.7% QoQ.
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Singapore’s 1Q24 deals plummet 21.1% YoYpstrongIn the whole of APAC, deal volume declined by 12.2% YoY./strong/p pSingapore’s total deals in the first quarter of 2024, including mergers & acquisitions, private equity and venture financing deals, fell 21.1% YoY./p pData from GlobalData showed that deal activity also fell for Asia-Pacific (APAC) by 12.2% YoY to 3,681 deals.
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Marina Bay Sands earnings shot up by 51.1% in 1Q24, hitting S$812MSo, what's fuelling this surge? It seems like people are enjoying what MBS has to offer...
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