Swoop in on S-REITs while markets are cautious
SINGAPORE (Nov 9): Investors now have a chance to accumulate Singapore REITs while the market overshoots, according to a Tuesday report by DBS.
Frasers Centrepoint posts 12% decline in full-year earnings to S$480 mil
SINGAPORE (Nov 9): Frasers Centrepoint Ltd (FCL) reported an 11.
CapitaLand posts 28% rise in 3Q earnings to S$247.5 mil on better operating performance
SINGAPORE (Nov 9): Property group CapitaLand reported a 28.
IOI Properties makes RM7.7 bil bid for Singapore land
KUALA LUMPUR (Nov 9): IOI Properties Group Bhd submitted a S$2.
ECRL not world’s costliest rail project
KUALA LUMPUR (Nov 9): The government yesterday denied claims that the RM55 billion East Coast Rail Link (ECRL) project could be the world’s costliest rail project.
Quill 6 close to being sold, will not be injected into MQREIT
QUILL 6, a 24-storey office building on Lebuh Ampang, Kuala Lumpur — where HSBC Bank Malaysia Bhd has its headquarters — will not be injected into MRCB-Quill Real Estate Investment Trust (MQREIT) as its owner, the Quill Group of Companies, is seeking buyers for the property, according to sources.
Manulife US REIT is the best proxy to a recovering office market
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.
Andrew Lim to be new group CFO of CapitaLand from Jan 1
SINGAPORE (Nov 8): CapitaLand Ltd has announced the appointment of Andrew Lim as its new group chief financial officer (CFO) with effect from Jan 1, 2017.
Titijaya teams up with CREC for RM2.1b Jalan Ampang mixed development
KUALA LUMPUR (Nov 8): Property developer Titijaya Land Bhd has teamed up with CREC Development (M) Sdn Bhd (CRECD) to develop a mixed development on a 6.
