PROPERTY developer UOL Group said on Friday that it is passing "all the savings from the property tax rebate" announced in Budget 2020 on to retail tenants at its three shopping malls - United Square, Velocity@Novena Square and Kinex.
REAL estate developer Bukit Sembawang Estates Limited on Friday said it has sold 25 out of the 39 units at the Luxus Hills (Contemporary Collection) following private previews.
ABOUT 125.4 million new units in Prime US Reit will start trading on the Singapore bourse at 9am on Friday.
PROPERTY group OUE made a net profit of S$255.2 million in 2019, up from the S$10 million it made in 2018 on a jump in development income and divestment gains.
RETAIL, food & beverage (F&B) and service tenants at Changi Airport will be granted a 50 per cent rebate on monthly basic rent for six months as they grapple with weaker travel and consumer demand following the Covid-19 outbreak.
KGI Securities on Thursday downgraded its call on Eagle Hospitality Trust (EHT) to "neutral" and cut its target price to US$0.51 from US$0.61.
LOGISTICS real estate giant ESR Cayman, the sponsor of Singapore mainboard-listed ESR-Reit, on Thursday said it will offer S$225 million worth of five-year notes at par.
MAINBOARD-LISTED Boustead Projects is partnering Sunseap Group for the potential installation of rooftop industrial solar energy systems at its real estate projects.
HIGHER revenue contributions from its Singapore and China properties boosted earnings for real estate developer Perennial Real Estate Holdings in the fourth quarter.
SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 18.5 per cent decline in its distribution per unit (DPU) to 1.629 Singapore cents for the fourth quarter ended Dec 31, 2019, from 1.999 cents a year ago.
DISRUPTIONS to regional supply chains amid the Covid-19 outbreak have bumped costs up by almost 20 per cent for some traders and distributors as they scramble to find alternative suppliers outside of China, a senior executive at OCBC told The Business Times (BT).
HONG Kong's home prices have proved resilient to months of protests and now the coronavirus epidemic, a one-two punch that the city's finance chief likened over the weekend to "tsunami-like" shocks.
BUY when others are fleeing is an investing chestnut that has served those who punted on Spain's crisis-hit housing market well. Foreign investors like Blackstone have enjoyed fat returns after snapping up assets since the country's economic nadir seven years ago. But a government plan to bring in rent controls could end the seemingly unstoppable winning streak.
ARA US Hospitality Trust (ARA H-Trust) posted a distribution per stapled security (DPS) of 1.08 US cents for the fourth quarter ended Dec 31, 2019, missing its initial public offering (IPO) forecast of 1.24 US cents by 12.9 per cent.
SINGAPORE'S property market is in a good position to withstand the Covid-19 spread, says Wing Tai's deputy chairman and deputy managing director Edmund Cheng.