The Business Times
CAPITALAND Integrated Commercial Trust (CICT) on Thursday posted a distribution per unit (DPU) of 2.63 Singapore cents for its fourth quarter ended Dec 31, down 15.4 per cent from 3.11 cents a year ago.
The Business Times
BOUTIQUE hotel owners are perking up at active property buying in Singapore, as the Covid-19 pandemic crushed the tourism sector but not the will of the well-heeled in scooping up assets.
The Business Times
ASSET manager M&G Real Estate expects cold storage to shine in the long run as investors, now flush with liquidity, hunt for alternatives in the Asia-Pacific property market.
The Business Times
A SEMI-DETACHED house in the Siglap area attracted an unusually high number of bids - 33 - at the year's first public property auction on Wednesday, an event that also stood out for its high number of mortgagee listings.
The Business Times
SINGAPORE and Ho Chi Minh City are the top Asean cities in which AsiaPacific-based property investors are interested, CBRE'S 2021 Asia-Pacific Investor Intentions Survey has found.
The Business Times
ASSET manager M&G Real Estate expects cold storage to shine in the long run as investors, now flush with liquidity, hunt for alternatives in the Asia-Pacific property market.
The Business Times
BOUTIQUE hotel owners are perking up to active property buying in Singapore, as a pandemic crushed the tourism sector but not the will of the well-heeled in scooping up assets.
The Business Times
ESR-REIT'S distribution per unit (DPU) dropped 16 per cent to 0.84 Singapore cent for the fourth quarter ended Dec 31, 2020, from one cent the previous year.
The Business Times
LIPPO Malls Indonesia Retail Trust's (LMIRT) preferential offering has raised gross proceeds of S$281 million through a 53.84 per cent subscribed rights issue, its manager said in a bourse filing on Jan 18.
The Business Times
WHEN UOL Group sold 442 units at the Clavon condo along Clementi Avenue 1 by the end of the first day of its public launch, Dec 12, it achieved the best launch-day sale volume for a Singapore private housing project in 2020.
The Business Times
CHINA'S most-indebted property developer is scrambling, as officials push an aggressive cleanup of the bubble-prone sector. The ongoing pain of US$25 billion Evergrande, with businesses spanning theme parks to electric vehicles, is a vivid measure of how far Chinese President Xi Jinping will go to reallocate capital and de-risk the economy.
The Business Times
AS the Covid-19 pandemic continues to ravage the UK, hotels are suffering, particularly in London, which is missing international visitors. Unsurprisingly, Singapore-listed GL Limited, whose core business is owning and operating 13 hotels in London, reported a loss for the half year ended Dec 31, 2020 last week.
The Business Times
THE manager of OUE Commercial Real Estate Investment Trust (OUE C-Reit) said it is divesting a 50 per cent stake in the Reit's OUE Bayfront property based on an agreed value of S$1.27 billion, or S$3,170 per square foot, to a special purpose vehicle (SPV) managed by Allianz Real Estate.
The Business Times
UNITHOLDERS of First Reit on Tuesday voted in favour of the proposed restructuring of the Lippo Karawaci (LK) master lease agreements (MLAs), as well as the whitewash resolution waiving the right to receive a takeover offer from First Reit's substantial shareholder OUE.