ACCORDIA Golf, the sponsor of mainboard-listed Accordia Golf Trust (AGT), is now willing to fork out 65.2 billion yen (S$848.4 million) to buy over the trust’s 88 golf courses in Japan.
WHILE CapitaLand expects continued pressure on its business in H2 2020 amid the ongoing pandemic, it is cautiously optimistic that the worst is over and is on the lookout for counter-cyclical opportunities to bolster growth.
PRIME US Reit's distribution per unit (DPU) stood at 3.52 US cents for its first half ended June 30, 2020, 5.1 per cent higher than its initial public offering (IPO) forecast of 3.35 cents.
KGI Securities has downgraded ARA US Hospitality Trust (ARA H-Trust) to "neutral" with a lowered target price of US$0.40 from US$0.67.
HOTEL operator and property developer Far East Orchard has fallen into the red with a S$853,000 net loss for the half year ended June 30, 2020, versus a net profit of S$5.8 million a year ago. (see amendment note)
CAPITALAND posted an 89 per cent drop in net profit to S$96.6 million for the six months ended June 30, 2020 from S$875.4 million a year ago.
PRIME US Reit's distribution per unit (DPU) stood at 3.52 US cents for its first half ended June 30, 2020, 5.1 per cent higher than its initial public offering (IPO) forecast of 3.35 cents.
JUSTCO's new co-working centres at OCBC Centre East and The Centrepoint will be able to house over 2,000 members when they open in August and October respectively.
FRASERS Hospitality, a member of Frasers Property, on Thursday said it is opening a 22-storey serviced residence named Fraser Suites Akasaka in Japan on Aug 7.
ESR-REIT does not intend to increase the scheme consideration for its proposed merger with Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit), its manager said in a bourse filing on Thursday.
HOME buyers are reportedly facing tighter credit assessment when they apply for mortgages - especially if they work in sectors that have been severely affected by Covid-19.
WILMAR International is buying the iconic former Coca-Cola bottling plant in Tuas for S$29.5 million.
SAKAL Real Estate Partners, a relative newbie in the residential management-services industry, has clinched a mega contract - one for managing a condominium with over 800 units.
A FOUR-STOREY mixed-use building at 286 and 288 River Valley Road is up for sale by expression of interest with a guide price of S$24 million, or about S$5,742 per square foot on land area, exclusive marketing agent CBRE said on Wednesday.
THE proposed merger of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) with ESR-Reit is not an asset sale, but a merger by way of a trust scheme of arrangement that will enable unitholders to stay invested in a "stronger, larger and more resilient enlarged Reit", Sabana Reit's manager clarified in a bourse filing on Wednesday.