Wing Tai set to take off on back of FY18 earnings recovery
SINGAPORE (March 10): CIMB is upgrading Wing Tai Holdings to “add” with a higher target price of S$2.
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.
