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.
Guocoland 2Q profit jumps on land sale
KUALA LUMPUR (Jan 19): Gain from one land sale has lifted Guocoland (M) Bhd’s net profit to RM110.
Axis REIT 4Q net income up 6.27%, declares 2.1 sen distribution
KUALA LUMPUR (Jan 19): Axis Real Estate Investment Trust’s (REIT) realised net income for the fourth quarter ended Dec 31, 2016 (4QFY2016) came in at RM23.
The Working Capitol expands footprint to Robinson Road
AT 1 Keong Saik Road, the entrance to The Working Capitol coworking space is from the café on the first level.
Game of space
COWORKING in Singapore has evolved in the past year and is transcending all commercial real estate space.
Country View sees 43% increase in 4Q net profit
KUALA LUMPUR (Jan 18): Country View Bhd's net profit for its fourth quarter financial results for the period ended Nov 30, 2016 (4QFY2016) rose 43.
CapitaLand Commercial Trust reports 10.1% rise in 4Q DPU to 2.39 Singapore cents
SINGAPORE (Jan 18): The manager of CapitaLand Commercial Trust (CCT) has reported a distribution per unit (DPU) of 2.
Opening of MyTOWN Shopping Centre postponed to March 16
PETALING JAYA (Jan 17): The opening date of MyTOWN Shopping Centre has been readjusted from Feb 16 to March 16 due to requests from tenants.
CapitaLand’s divestment of Nassim seen as a positive
SINGAPORE (Jan 17): RHB is in favour of CapitaLand’s divestment of the remaining 45 units in the The Nassim for a total of S$411.
Healthy project pipeline ahead for construction segment
Construction sector Maintain overweight: According to Construction Industry Development Board statistics, industry contract awards fell 28% quarter-on-quarter (q-o-q) to RM22.
