CRCT posts 8.5% decline in 4Q DPU to 2.37 cents on additional tax provision and forex losses
SINGAPORE (Jan 26): The manager of CapitaLand Retail China Trust (CRCT) has declared a distribution per unit (DPU) of 2.
City Developments to invest in Distrii, China operator of co-working spaces
SINGAPORE (Jan 19): City Developments Ltd (CDL) has signed an agreement to invest RMB72 million (S$14.
Offices in world’s most connected cities come with a high price
PETALING JAYA: The world’s most important, influential and interconnected cities with the deepest pools of firms and talent continue to command the highest office occupation costs, with Hong Kong topping the chart of global real estate firm JLL’s Premium Office Rent Tracker.
China dominates property portfolio deals in 3Q
SINGAPORE (Nov 8): Commercial real estate transaction volumes in Asia Pacific fell by 1.
CapitaLand Retail China properties still in gestation phase
SINGAPORE (Oct 27): DBS is maintaining its “hold” call on CapitaLand Retail China Trust (CRCT) with a target price of S$1.
KL offers best value for property investors, says Knight Frank
KUALA LUMPUR (Sept 23): With attractive yields on offer besides the relative weakness of the Malaysian ringgit, Kuala Lumpur gives real estate investors the best value in terms of long-term growth prospects, according to international real estate services firm Knight Frank in its 2017 Global Cities report.
Parkson to make gain of RM300 mil from divesting subsidiary
Parkson Holdings Bhd (Sept 14, 81 sen) Maintain underperform with an unchanged target price of 70 sen: Parkson Holdings Bhd’s 54.
Parkson to sell interest in China unit
KUALA LUMPUR (Sept 14): Parkson Holdings Bhd is disposing of its interest in an indirect wholly-owned China subsidiary along with the relevant shareholders’ loan which it says will boost its current year earnings by RM300 million.
China's BUCG removed from RM6.3 bil Penang mega project
GEORGE TOWN (Sept 6): Chinese state-run firm Beijing Urban Construction Group Co Ltd (BUCG) has been removed as partner in a consortium tasked with building the RM6.
China’s Zhejiang province takes ‘action plan’ to reduce unsold, unused properties
KUALA LUMPUR (July 13): The property glut monster in China has now reached Zhejiang province.
