News about FIC

SINGAPORE (Nov 8): Religare Institutional Research has started Manulife US Real Estate Investment Trust with a “buy” recommendation and target price of 95 US cents, given its exposure to the US office market which continues to recover from the global financial crisis.

KUALA LUMPUR (Oct 20): CapitaLand Malaysia Mall Trust (CMMT)’s third quarter ended Sept 30, 2016 (3QFY16) saw its distributable income rise 3.

THE Kuala Lumpur office market is in correction since the Ministry of Federal Territories tightened the approval for new such developments in the second quarter of the year in the face of an oversupply.

PETALING JAYA (Oct 4): Expatriates find it relatively easy to relocate to Malaysia, the new HSBC Expat Explorer report entitled “Achieving ambitions abroad” revealed.

HOTELS are struggling to fill their rooms due to a high supply coupled with the economic slowdown and less government and corporate business.

PETALING JAYA (Sept 23): Skyscrapers in Asia Pacific experienced the highest rental growth in 1H2016 as Hong Kong skyscrapers continue to be the most expensive, according to international real estate services firm Knight Frank’s 2017 Global Cities report.

  IT is a quarter past one in the afternoon at Pertubuhan Akitek Malaysia (PAM) Centre at Jalan Tangsi when Datuk Tan Pei Ing walks in.

SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.

KUALA LUMPUR (Sept 7): AmFunds Management Bhd, or more commonly known as AmInvest, has rated Malaysia's real estate investment trust (REIT) as "underweight", despite seeking to double its investment to RM500 million in that asset class by next March.

SINGAPORE (Sept 7): Healthy interest for new office buildings is allaying fears over Grade A office rents crashing and that new office supply will not be absorbed, according to a Monday sector note by DBS Vickers.