SINGAPORE (Aug 2): Religare is reiterating its “buy” call on Starhill Global (SGREIT) with an unchanged target price of 90 cents, with the view that its portfolio’s performance is set to stabilise.
SINGAPORE (Aug 2): Frasers Centrepoint Ltd’s Australian unit, Frasers Property Australia (formerly Australand), on Tuesday announced it is acquiring a 10ha site adjacent to its Eastern Creek Business Park in western Sydney.
WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.
THERE is nothing extraordinary about Sedley Place, a retail and office building on London’s Oxford Street (pictured) that is the latest piece of UK prime property acquired by Norway’s sovereign wealth fund.
LIVING in the London borough of Kingston upon Thames, with its history of crowning seven Anglo-Saxon kings, would certainly make for good dinner conversation.
KUALA LUMPUR (Aug 1): OSK Property Holdings Bhd has teamed up with the Ministry of Energy, Green Technology and Water’s GreenTech Malaysia Alliances Sdn Bhd and Kloth Lifestyle Sdn Bhd to produce its new company uniform using recycled plastic bottles, the developer said in a recent statement.
Pavilion Real Estate Investment Trust (July 29, RM1.
PETALING JAYA: SMD Development Sdn Bhd (SMD), which has its development footprint in Kundang, Rawang, has more to offer with upcoming projects, according to its CEO Datuk Jeffery Tan.
PETALING JAYA (July 30): Berkeley Group, a property developer from the UK, will be launching the first phase of its Queenshurst apartments in Kingston upon Thames, London, in Malaysia today.
KUALA LUMPUR (July 29): Rental income from DaMen Mall and Intermark Mall, which Pavilion Real Estate Investment Trust (PavREIT) acquired at end-March, lifted the trust’s net property income (NPI) for the second quarter ended June 30, 2016 (2QFY16), by 13.
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