CapitaLand’s Ascott acquires Dublin hotel for S$83.6 mil
SINGAPORE (Dec 16): CapitaLand on Friday announced that wholly-owned serviced residence business unit The Ascott has acquired Temple Bar Hotel in Ireland capital Dublin for 55.
SINGAPORE (Dec 16): CapitaLand on Friday announced that wholly-owned serviced residence business unit The Ascott has acquired Temple Bar Hotel in Ireland capital Dublin for 55.
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.
SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.
SINGAPORE (Dec 5): RHB Research is maintaining its “overweight” rating on the property sector as yields of Singapore REITs overtook 10-year government bond yields by 4.
SINGAPORE (Dec 1): CIMB is maintaining its “add” recommendation and target price of S$4.
SINGAPORE (Nov 24): The Ascott Limited, CapitaLand’s serviced residence unit, has launched a new co-living hospitality concept brand Lyf, pronounced ‘life'.
SINGAPORE (Nov 17): DBS Group Research is maintaining its view that the Singapore property market remains on a “modest correction path” while highlighting that developers trading at 0.
SINGAPORE (Nov 17): CapitaLand intends to open eight new shopping malls in 2017, six of which are retail components of integrated developments in China, and one each in Malaysia and India.
SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs).
SINGAPORE (Nov 15): The Ascott Ltd, CapitaLand’s wholly owned serviced residence business unit, has secured more than 10,000 apartment units across 51 properties this year, setting a new record.