THE price offered by the sponsor of Accordia Golf Trust (AGT) to buy over the trust's golf courses is too low, as these assets generate "significantly attractive cash flow", the largest minority unitholder of AGT has argued in an open letter.
KGI Securities on Friday maintained its "outperform" call on EC World Real Estate Investment Trust (EC World Reit), despite news that the chief investment officer (CIO) of its manager had been called up for an interview by the Commercial Affairs Department (CAD).
ARA Venn has raised 200 million euros (S$313.8 million) from institutional investors for the first close of its latest whole-loan European real estate debt fund.
THE chief investment officer (CIO) of the manager of EC World Real Estate Investment Trust (EC World Reit) has been called up by the Commercial Affairs Department (CAD) in connection with an investigation into an offence under the Securities and Futures Act.
TWO Hatten Land subsidiaries owe a combined RM605 million (S$196.9 million) to scheme creditors, although the bulk of these debts will be erased as they are owed to group entities.
SINGAPORE contractors are facing a double whammy – plunging demand due to the Covid-19 pandemic while needing to fill their order books but without being able to pass on all the additional costs of measures to ensure a safe working environment.
SINGAPORE'S property investment volume fell 45 per cent to S$6.13 billion in the first half of the year, according to preliminary data from Cushman & Wakefield released on Thursday.
SINGAPORE'S property investment volume fell 45 per cent to S$6.13 billion in the first half of the year, according to preliminary data from Cushman & Wakefield on Thursday.
TWO subsidiaries of Catalist-listed Hatten Land are looking to undergo debt restructuring, on top of the group's other initiatives to make its property development business more resilient in light of ongoing pressures from the Covid-19 pandemic.
THE chief executive officer (CEO) and president of United Industrial Corporation (UIC) will retire on Sept 30, 2020 after 28 years in both roles, the mainboard-listed property group said in a bourse filing on Wednesday.
SUNTEC Real Estate Investment Trust (Suntec Reit) has bumped up its stake in Harmony Investors Group (HIG), which indirectly holds Suntec International Convention and Exhibition Centre, for a total of S$40 million.
THE Urban Redevelopment Authority's benchmark overall private home price index fell for the second consecutive quarter. It eased 1.1 per cent quarter-on-quarter (q-o-q) in Q2 2020 based on the flash estimate issued on Wednesday, after slipping 1.0 per cent in Q1 2020.
ANALYSTS are optimistic on Frasers Centrepoint Trust (FCT), believing that the suburban retail Reit's acquisition of an additional 12.07 per cent in PGIM Real Estate AsiaRetail Fund (ARF) will bring it closer to acquiring the assets held under the fund.
ESR-REIT has secured two new tenants at 8 Tuas South Lane. Collectively, the new tenants have leased 284,700 square feet (sq ft) at the property, the industrial Reit's (real estate investment trust) manager said on Tuesday.
THE Manager of Ascendas Real Estate Investment Trust (A-Reit) on Wednesday announced an agreement to buy a new logistics property in Sydney, Australia for A$23.5 million (S$21.1 million). The acquisition will be accretive to A-Reit's distribution per unit.