Commercial Property

TEE Land to acquire land parcels in Indonesia for $4.9m

It will be used to develop affordable housing.

Roxy-Pacific profits up 5% to $96.8m in FY14

Thanks to healthy growth from two of its segments.

City Developments profits up 12.2% in FY14

Boosted by its Sentosa Cove Quayside Collection divestment.

CapitaLand’s net profit jumped 38.2% to $1.16b in FY14

Thanks to higher revaluation gains and lower portfolio losses.

Metro Holdings’ net profit jumped 118.4% to $63.9m in Q3

Thanks to higher turnover from its retail segment.

OUE bounces back into the black with $1.1b profit in FY14

Thanks the divestment of Mandarin Orchard and Mandarin Gallery.

Lippo Malls IRT 4Q14 revenue up 6.2% YoY to $36m

Due largely to positive rental reversions.