News about AP

PETALING JAYA (Feb 17): Singapore’s United Square shopping mall has transformed 592 sq ft of retail space into a study area for students to do their homework, revision and discussions.

SINGAPORE (Feb 17): Mapletree Investments has acquired Oakwood Worldwide, a US-based provider of housing and serviced apartment solutions, for an undisclosed sum.

SINGAPORE (Feb 17): CapitaLand has agreed to acquire a portfolio of four income-producing office and retail properties in Japan’s Greater Tokyo Area, at ¥49.

KUALA LUMPUR (Feb 17): A consortium of WSP Engineering Malaysia Sdn Bhd of Australia, UK-based Mott MacDonald Malaysia Sdn Bhd and Ernst & Young Advisory Services Sdn Bhd (EY) has been selected as the joint development partner (JDP) for the Kuala Lumpur-Singapore high-speed rail (HSR) project, which will cut travel time between Singapore and Kuala Lumpur to 90 minutes.

KUALA LUMPUR (Feb 16): The Malaysian and Singapore governments have awarded the joint development partner (JDP) contract for the planned Kuala Lumpur-Singapore High Speed Rail (HSR) project to a consortium comprising WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd, and Ernst & Young Advisory Services Sdn Bhd.

SINGAPORE (Feb 16): UOB Kay Hian and OCBC Investment Research are maintaining their “buy” calls on CapitaLand with a target price and fair value of S$4.

PETALING JAYA (Feb 16): Asian investors of hotel properties will continue to feature in 2017, with groups from Singapore at the fore, according to global real estate firm JLL.

VALUE hunters are spoilt for choice when it comes to house-hunting in the prime residential districts.

SINGAPORE (Feb 15): CDL China, a wholly-owned subsidiary of City Developments Limited (CDL), is acquiring a prime Shanghai commercial project, Meidao Business Plaza for RMB 900 million (S$186 million) through the purchase of a 100% equity stake in Shanghai Meidao Investment Co.

SINGAPORE (Feb 15): CapitaLand reported a 73.