Here’s where to find shelter amid property gloom in Singapore
SINGAPORE (Nov 1): The slowdown continues for Singapore’s property developers and real estate investment trusts (REITs), according to 3Q16 data by the Urban Redevelopment Authority (URA).
Imperium Crown to buy 2 cineplex assets in China for S$5 mil
SINGAPORE (Nov 1): Real estate investment group Imperium Crown on Tuesday announced it is acquiring a 30% stake each in two subsidiaries of Shandong Yinguang Chemical Industry Co.
This is one S-REIT with strong earnings visibility
SINGAPORE (Oct 28): DBS Vickers is maintaining its “buy” rating for Parkway Life Real Estate Investment Trust, even as the REIT posted a 8.
EcoWorld and GuocoLand join forces for Eco World International’s IPO
KUALA LUMPUR (Oct 27): Eco World Development Group Bhd (EW Bhd) has entered into a strategic partnership with GuocoLand Ltd, a member of Hong Leong Group, for Eco World International Bhd’s (EWI) upcoming initial public offering (IPO) on Bursa Malaysia Securities Bhd.
Parkway Life REIT’s 3Q DPU falls 8.8% to 3.06 cents on absence of one-off gain
SINGAPORE (Oct 27): Parkway Life REIT (PLife REIT) has declared a distribution per unit (DPU) of 3.
Boutique developer’s lament
DRESSED in a monochromatic striped sweater and ensconced in one of the snug leather armchairs in his office, Kenny Tan, chairman and CEO of Link (THM) Group, says: “The property market is very challenging.
GuocoLand posts 95% fall in 1Q earnings to S$25.6 mil
SINGAPORE (Oct 24): Developer GuocoLand saw 1Q earnings fall 95% to S$25.
Eversendai's order book swells to RM2.5 bil after landing RM1.8 bil contracts
KUALA LUMPUR (Oct 24): Eversendai Corp Bhd's order book swelled to RM2.
Moving the property management industry to the next level
KUALA LUMPUR (Oct 21): Malaysian property managers should reinvent themselves and enhance their capacity to meet increasingly high market expectations, said DBKL property management and valuation department’s commissioner of buildings (COB) head Kamarulzaman Mat Salleh.
Rejuvenating the Katong-Joo Chiat precinct
THE stretch of Singapore’s East Coast Road flanked by Mountbatten Road on one side and Joo Chiat Road on the other has seen a huge transformation in recent years.
