Singapore
Frasers Centrepoint disposes entire stake in Beijing Sin Hua Yan Real Estate for $76.6m
Via its subsidiary Sinomax.
Frasers Centrepoint disposes entire stake in Beijing Sin Hua Yan Real Estate for $76.6m
Via its subsidiary Sinomax.
CCT’s CapitaGreen to achieve full occupancy in 2015
What could be its next re-development target?
Sabana REIT’s net property income dipped 9.2% in FY14
Its DPU slipped by 21.9%.
New kids on the block: Aggressive tech firms snap up more prime offices as banks downsize
Banks are downsizing to stay profitable.
Ascott Residence Trust weathers property market headwinds with extended-stay model
Revenue increased 13.2% to $95M.
Rising operating costs offset transport sector’s gains from 2.8% fare hike
Gross revenue is pegged at $48.5m.
All the way down: Private condo sales to plunge 20% in 2015
Buying activity will only pick up in Q4.
Keppel Land’s profit slipped 15.1% in FY14 on back of lacklustre property sales
Expect another challenging year ahead.
Chart of the Day: Declining airport traffic at Changi drives away MRO providers
Growth options have become limited.
Soilbuild REIT’s revenue up 8.3% to $17.7m
Its DPU grew by 5%.
Daily Markets Briefing: STI up 0.6%
Expect more gains today.
SGX’s net profit jumped 16% to $87m in Q2
Revenue climbed 19% to $195m.
Cost of living far outstrips the incomes of most Singaporeans: HSBC survey
1 in 3 residents are struggling to save.
Daily Briefing: 3 in 5 Singaporeans feel property is still overpriced; HDB deficit to stay high in next few years
And COE prices close mostly higher in bidding exercise.
NSL Ltd promotes Dr Low Chin Nam to COO
He was chief of strategy and operations of the company
Tan Teik Seng joins Aztech Group as director
He is currently owner and managing director of Teleios SC.
Rotary Engineering appoints Leong Sook Han as CFO
She is a seasoned finance executive and has more than 20 years of working experience with various multinational companies.
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