CapitaLand Retail China Trust raised to ‘buy’ by DBS on overdone fears

Jan 31

SINGAPORE (Jan 31): DBS Group Research has upgraded CapitaLand Retail China Trust (CRCT) to “buy” from “hold” with S$1.

Perennial-led consortium divests 70% stake in TripleOne Somerset

Jan 26

SINGAPORE (Jan 26): Perennial Somerset Investors (PSIPL), a consortium led by Perennial Real Estate Holdings (Perennial), has agreed to divest a 70% stake in TripleOne Somerset to Simply Swift Limited, an indirect wholly-owned subsidiary of Hong Kong-listed Shun Tak Holdings.

Ascendas Hospitality Trust posts 13.1% higher 3Q DPS of 1.64 cents

Jan 27

SINGAPORE (Jan 26): Ascendas Hospitality Trust saw DPS grow 13.

Fancy a resort home in Kota Kinabalu?

Jan 25

AT Sutera Harbour Resort in Kota Kinabalu, more than 2,500 people attended a New Year’s Eve party that featured a live performance by Singapore band Reverie and a 12-minute fireworks display on the waterfront.

Singapore top gains and losses in 2016

Jan 25

AS the proportion of unprofitable property transactions surged from 9% (508 out of 5,433 matched transactions) in 2015 to 17% (1,002 out of 5,924 matched transactions) in 2016, the losses incurred by sellers climbed 62% from S$161 million to S$260 million over the same period.

Ascott Residence Trust’s 4Q DPU remains flat at 2 Singapore cents

Jan 24

SINGAPORE (Jan 24): Ascott Residence Trust (ART) has posted a distribution per unit (DPU) of 2.

Keppel DC REIT’s 4Q DPU falls 20.1% to 1.31 Singapore cents on preferential offering

Jan 23

SINGAPORE (Jan 23): Keppel DC REIT has posted a distribution per unit (DPU) of 1.

Penang property projects worth RM11.3 bil on hold

Jan 23

KUALA LUMPUR (Jan 23): The Business Processing Outsourcing Prime (BPO Prime) and Penang International Technology Park (PITP) projects worth a combined RM11.