Commercial Property
Roxy Pacific acquires Australian land parcel for $17.9m
The land will be used for a hotel development.
Roxy Pacific acquires Australian land parcel for $17.9m
The land will be used for a hotel development.
Daily Briefing: Singapore liquor control bill passed into law; Property owners responsible for fire insurance
And Singapore bank lending falls in December.
Ho Bee Land promotes Lum Hon Chew to general manager for special projects
He was deputy general manager for projects management department.
Frasers Hospitality Trust’s net property income pegged at $41.8m for its first reporting period
It exceeded forecasts by 2.3%.
Hiap Hoe proposes separate listing for Australian properties
After two well-performing years in Melbourne and Perth.
Ascott makes first foray into Istanbul
Somerset Maslak Istanbul is slated to open in 2016.
Developer sentiment crashes to 5-year low on back of deteriorating property market
Residential developers are the most pessimistic.
Daily Briefing: Construction of two more TEL stations begins; Review of cooling measures tops wish list
And no go for columbarium in Sengkang.
CapitaRetail China Trust’s net property income up 30.1% to $33.5m in Q4
On back of higher tenant sales.
Wisma Atria brings 17% positive rental reversions to Starhill Global REIT
Thanks to renewals and new leases for price facade units.
Which stock will take Keppel Land’s coveted spot on the STI reserve list?
KepLand currently has the largest market cap on the reserve list.
Daily Briefing: MAS adjusts monetary policy and cuts inflation forecast; Singapore firms start master planning for Indian capital city
And HDB launches revamped showflats for all flat types.
AIMS AMP REIT’s net property income up 9.7% to $20.5m in Q3
Thanks to maiden contributions from new properties.
Armarda Group seeks to raise $10.6m via share placement
It aims to acquire more data centres.
Parkway Life REIT’s net property income up 7% to $93.8m in FY14
On back of its Japanese acquisition spree.
Mapletree Greater China Commercial Trust’s net property income up 10.2% to $59.3m in Q3
Thanks to higher tenant sales.
OUE Hospitality Trust’s net income up 9.7% to $20.8m in Q4
On back of higher revenue from Mandarin Orchard.