3QFY2024 update

Results

Mandarin Oriental reports ‘slightly lower’ underlying profit for 3QFY2024, due to lower branding fees

For the same quarter, the group’s revenue per available room (RevPAR) saw a y-o-y increase across all regions.
CapitaLand Ascendas REIT reports y-o-y lower portfolio occupancy of 92.1% for the 3QFY2024 ended Sept - THE EDGE SINGAPORE

Results

CapitaLand Ascendas REIT reports y-o-y lower portfolio occupancy of 92.1% for the 3QFY2024 ended Sept

The REIT saw its portfolio occupancy in Australia drop 5.1% q-o-q, while Singapore and UK/Europe saw no change for the period.

Results

OUE REIT reports $74.8 mil 3QFY2024 revenue, 1.3% lower y-o-y

This came on the back of lower contribution from the REIT’s hospitality segment, which saw a decline in its revenue and net property income.
SATS 3QFY2024 earnings improve by 41.9% q-o-q to $31.5 mil - THE EDGE SINGAPORE

Results

SATS 3QFY2024 earnings improve by 41.9% q-o-q to $31.5 mil

SATS sees better 3QFY2024, as it rides on the recovery in the travel industry.
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