News about Singapore

SINGAPORE (Feb 14): CIMB is maintaining its “underweight” on S-REITs, forecasting DPU growth to be muted in view of the uptick in Fed fund rates and wary of capital depreciation.

SINGAPORE (Feb 14): CapitaLand announced Monday that its wholly-owned subsidiary CLV Investment 5 has acquired an additional 20% interest in CapitaLand-Thien Duc Company (CTD) for a cash consideration of US$17.

PUTRAJAYA (Feb 13): IOI Properties Group Bhd is looking to launch property projects worth an estimated gross development value (GDV) of RM2 billion to RM2.

IN less than two years, Singapore-based Lee Rubber Co (Pte) Ltd has divested itself of at least four assets in Malaysia, namely in Johor, Kuala Lumpur and Penang.

SINGAPORE (Feb 9): Frasers Centrepoint Ltd (FCL) has announced 1Q2017 earnings of S$187.

SINGAPORE (Feb 9): Singhaiyi property group reported earnings of S$1.

KUALA LUMPUR (Feb 9): Real estate consultancy JLL has introduced VR360, a new technology application that allows clients to watch their real estate projects being built from anywhere in the world.

SINGAPORE (Feb 8): Oxley Holdings says it is working to reduce its gearing and pursue an asset light business strategy as it continues to expand its operations overseas.

SINGAPORE (Feb 7): Leasing your apartment or room out on a short-term basis through homestay networking services such as Airbnb may very soon be ruled as illegal under Singapore law.

SINGAPORE (Feb 6): Singapore-listed developer Wing Tai Holdings Ltd reported earnings of S$3.