Robust showing for CapitaLand in China
SINGAPORE (July 4): CIMB says CapitaLand is on track to meeting its 8% ROE target by 2018.
Property divestments bode well for CapitaLand Commercial Trust’s M&A prospects
SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT), following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of S$280 million (RM870 million).
Ascott REIT to divest 2 China properties for S$198 mil
SINGAPORE (July 4): Ascott Residence Trust has entered into two conditional agreements to divest its interests in two serviced residence properties in China – Citadines Biyun Shanghai and Citadines Gaoxin Xi’an – for a total consideration of RMB980 million (S$198.
CapitaLand’s Raffles City mixed developments in China come of age
HANGZHOU (July 1): The recently opened Raffles City Hangzhou rises dramatically across the scenic Qiantang River at Hangzhou’s CBD.
Sunsuria introduces one-stop concierge service
PETALING JAYA (July 3): Sunsuria Bhd has rolled out Sunsuria Concierge, a one-stop concierge service for its customers.
Ex-Penang Land and Mines Office director appointed ED in Ivory Properties
KUALA LUMPUR (July 3): Former director of the Penang Land and Mines Office Datuk Arifin Haji Awang has been appointed as an executive director (ED) in Penang-based property developer Ivory Properties Group Bhd.
CapitaLand seeks more active landbanking in China
SINGAPORE (July 3): Plans are afoot for more active and aggressive land-banking at CapitaLand, after the opening of four integrated projects in China in April, including three Raffles City projects.
Keppel REIT’s latest acquisition offers DPU accretion, cashflow visibility
SINGAPORE (June 30): DBS is maintaining its “buy” call on Keppel REIT (KREIT) with a target price of S$1.
Kumpulan Jetson pares off 2-year high gains
KUALA LUMPUR (June 30): Kumpulan Jetson Bhd, whose share price hit its two-year high of 48.
