The estimated adjusted DPU was computed based on total units in issue of 3.06 billion as at July 14 due to the progressive conversion of convertible bonds into new units.
GLP has signed a 83,000 sq m build-to-suit agreement with Adidas to develop its largest distribution centre in Asia.
Maybank Kim Eng is maintaining its “positive” rating on Singapore’s property sector after collecting feedback from investors in Hong Kong.
Private reviews for the sales gallery and show suites will open on July 8 at 8 Martin Place.
With the acquisition, the group will become the largest serviced residence provider across Australia, New Zealand and Fiji.
DBS is maintaining its “buy” call on Keppel REIT (KREIT) with a target price of S$1.23 following its acquisition of a 50% stake in an office tower in Australia.
These properties mark Ascott’s first step into managing properties in Kunming and Yichang, while expanding its presence in Chongqing, Dalian, Shenzhen and Xuzhou.
UOL says the deal will bring it closer to its aim of achieving statutory control in UIC in the future.
One of the tallest residential towers in Southeast Asia, The Astaka twin towers stand at 915 feet.
DBS Vickers expects Frasers Centrepoint Ltd and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.
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