Rising household debt a concern across Asia
GOVERNMENT officials, policymakers, economists, bankers and experts gathered here for the Second Annual Asean Consumer and Household Debt Conference on Feb 22 and 23.
Asia’s ultra-rich favour homes in UK and Singapore, says Knight Frank
SINGAPORE is the second-most important destination in the world for Asian ultra-high-net-worth individuals (UHNWIs) when it comes to real estate investments, according to the latest edition of Knight Frank’s Wealth Report 2017, released on March 1.
Stand down on Ascott REIT in wake of rights issue and acquisitions
SINGAPORE (March 8): UOB Kay Hian has downgraded its call on Ascott Residence Trust (Ascott REIT) to “hold” from “buy” previously, following Tuesday’s announcement of its S$442.
Acquisition of CapitaGreen timely for CapitaLand Commercial Trust
SINGAPORE (March 8): DBS is maintaining its “buy” recommendation for CapitaLand Commercial Trust, thanks to the timely acquisition of the remaining 60% stake in CapitaGreen.
Ardmore Park unit makes $4.6 mil profit
ON Feb 9, a 2,885 sq ft unit at Ardmore Park in prime District 10 was sold at a $4.
Lakefront living in Jurong
THE picturesque Jurong Lake area is turning into the residential area of choice for those staying in the western part of Singapore.
Rights issue ‘dilutive to yield and NAV’ for Ascott REIT: Religare
SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise S$442.
Why SREITs should remain in your investment portfolio despite poor sector performance
SINGAPORE (March 7): OCBC Investment Research is maintaining its “overweight” on local REITs identifying bright spots in certain sub-sectors as well as the potential for bargain hunting even as the sector begins to pullback.
Ascott REIT launches 91.9 cents/share rights to fund Singapore and Germany acquisitions
SINGAPORE (March 7): Ascott Residence Trust has launched a fully underwritten renounceable rights issue to raise S$442.
EcoWorld offers one-stop industrial, property services to Eco Business Park 1 owners
PETALING JAYA (March 7): Eco World Group Development Bhd (EcoWorld) is providing one-stop industrial and property services to the owners of the second phase of Eco Business Park 1 (EBP 1) in Johor to help them set up their businesses there.
