News about US

IT was a cool, sunny spring morning in Melbourne in the middle of last month when S P Setia Bhd hosted the ceremony for the completion of Parque Melbourne, its third residential project there.

SINGAPORE (Dec 20): DBS Group Research has an “underweight” rating on the Singapore REIT sector as it anticipates four interest rate hikes by the US Federal Reserve in 2017 alone.

KUALA LUMPUR (Dec 20): BHS Industries Bhd is hoping to turn itself around in the financial year 2017 (FY2017) by diversifying into the construction and property business.

KUALA LUMPUR (Dec 20): Boustead Holdings Bhd is buying multiple pieces of leasehold commercial land measuring a collective 10.

DURING this festive season, with every purchase of any toy, book, game, art and craft as well as play furniture under the IKEA Play range, the IKEA Foundation will donate €1 (about RM4.

SINGAPORE (Dec 15):  DBS Group Research says Frasers Hospitality Trust is in a stronger position to pursue acquisition opportunities, following its recent pre-emptive rights issue.

SINGAPORE (Dec 15): Mapletree Logistics Trust is set to expand further in Australia, with the proposed acquisition of a portfolio of four logistics properties in Victoria for a total of A$142.

AT the time of the establishment of the Straits Settlement in Penang, local architecture was strongly influenced by British, Indian, Chinese and Islamic elements.

PETALING JAYA (Dec 15): Turkey has occupied the top spot for the fifth consecutive quarter in the Knight Frank Global House Price Index by having registered an annual house price growth of 13.

KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.