This REIT has enjoyed 8 straight quarters of DPU growth
SINGAPORE (May 9): OCBC is re-iterating its “buy” call on Lippo Malls Indonesia Retail Trust with a fair value of S$0.
SINGAPORE (May 9): OCBC is re-iterating its “buy” call on Lippo Malls Indonesia Retail Trust with a fair value of S$0.
Singaporean businessman and property investor Alvin Ong relocated with his family to Ho Chi Minh City in Vietnam in 2012.
KUALA LUMPUR (May 8): MyHSR Corp Sdn Bhd has appointed American multinational engineering firm AECOM for civil reference design works for the high speed rail (HSR) infrastructure, which stretches from the south of Iskandar Puteri Station to the international border of Malaysia and Singapore.
KUALA LUMPUR (May 5): ECM Libra Financial Group Bhd has identified hotel management and ownership as its new core business after disposing of its investment banking and securities business in 2012.
SINGAPORE (May 4): Following its better-than-forecasted 1Q results, Manulife US REIT (MUST) is expected to remain solid, according to RHB Research.
SINGAPORE (May 4): ARA Asset Management, the Singapore manager of REITs, is said to be eyeing the purchase of 320 Pitt Street, a major tower located in Sydney’s central business district which is being sold by a fund managed by Propertylink Group.
Foreigners are expected to make a comeback in Singapore’s residential property market after shying away from it since 2012 following the imposition of the additional buyer’s stamp duty (ABSD).
KUALA LUMPUR (May 3): The first tender for the KL-Singapore high-speed rail (HSR) project will be called in the final quarter of 2017 for the purpose of setting up an assets company (AssetsCo), said Land Public Transport Commission (Spad) chairman Tan Sri Syed Hamid Albar.