Commercial Property
Centurion Corp names David Loh Kim Kang as director
He is currrently principal of Centurion Global
CapitaLand to issue $650m convertible bonds
To refinance existing debt.
CityDev’s net profit up 2.8% to $123m in Q1
Due to good performance from properties and hotels.
Global Logistic Properties’ net profit slipped 34.5% to $138.8m in Q4
Due to increased minority interests' share of profits.
Industrial landlords brace for grim times ahead
Tenants are getting tougher and tougher.
China Yuanbang Property Holdings promotes Ouyang Sheng to CEO
He still holds the executive director position.
Guocoleisure ends Q3 in the black for the first time in three years
Thanks to better cost management.
Weak residential demand, soft tourism outlook weighs on UOL in 2015
Even stellar office rents will moderate.
UOL's net profit dropped 39% to $74.2m in Q1
Due to a one-off gain last year.
Daily Briefing: Property outlook remains muted; Government warns of Iskandar oversupply
And fewer homes sold for over $1.5m.
Centurion's net profit slipped 60% to $9.2m in Q1
Due to a one-off gain last year.
Frasers Centrepoint's net profit down 7% to $99.4m in Q1
Due to higher financing and hedging charges.
Far East Orchard's net profit tumbled 75.3% to $3.5m in Q1
The weak AUD is to blame.
Daily Briefing: Five things to watch out for in this year's National Day Parade; 'Pink Carnations' celebrates the sacrifice of single moms
And eye on Bishan: size doesn't always matter.
Yanlord Group reaps RMB1.5b in contract sales for April
It’s on track to achieve its 2015 RMB18b sales target.
Daily Briefing: Jurong property prices get boost; The Black Knights to perform special tribute to LKY
And 7 in 10 millenials have digital eye strain.
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