KUALA LUMPUR (Sept 14): UEM Sunrise Bhd’s agreement with Ascendas Hospitality Trust to sell the service apartment component of the former’s Aurora Melbourne Central mixed development in Melbourne, Australia has fallen through.
SINGAPORE (July 7): Maybank Kim Eng is maintaining its “positive” rating on Singapore’s property sector after collecting feedback from investors in Hong Kong.
SINGAPORE (April 4): Ascendas Fund Management, the manager of Ascendas REIT, today announced completion of the REIT’s acquisition of Stage 4, Power Park Estate in Melbourne, Australia, from Goodman Dandenong Trust for a purchase consideration of A$24.
SINGAPORE (March 21): Ascendas-Singbridge Group has acquired a premium grade commercial building in Shanghai.
SINGAPORE (March 17): As global economic fundamentals begin to improve, DBS Vickers Securities is expecting prices to be supported for Singapore REITs (S-REITs) in the near term given earlier fears that the Fed would be more hawkish.
IN 2020, a 180m-tall Grade-A office building will replace the former CPF Building.
SINGAPORE (Jan 26): Ascendas Hospitality Trust saw DPS grow 13.
SINGAPORE (Jan 18): Deutsche Bank expects a challenging 2017 for the local property market despite forecasting a recovery.
SINGAPORE (Dec 6): Ascendas REIT is acquiring two properties located along Science Park Drive for S$437.