United Engineers' property portfolio a treasure trove for potential buyers
UE’s portfolio of commercial properties in Singapore has seen stable revenue contribution from high recurring rental income.
UE’s portfolio of commercial properties in Singapore has seen stable revenue contribution from high recurring rental income.
Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.
Singapore’s property market received a boost from resale transactions in light of flagging primary sales in August, says DBS.
Singapore office REITs have so far been successful at preventing their tenants from being lured away by the upcoming office supply.
CIMB Research is maintaining its "overweight" call on Asean REITs which have outperformed year-to-date as investors seek shelter in yield.