SINGAPORE (May 8): DBS is maintaining its “hold” call on OUE Commercial REIT (OUE CT) with a revised target price of 67 Singapore cents given likely operational weakness ahead of new office supply in 2017, dilution from the recent equity placement, and uncertainty over the timing of any acquisition.
SINGAPORE (May 2): The trustee manager of CapitaLand Commercial Trust (CCT) has entered into an agreement to divest One George Street into a concurrently-formed limited liability partnership – One George Street LLP (OGS LLP), which CCT has established with joint venture partner OGS (II), a special purpose vehicle owned by insurer FWD Group.
SINGAPORE (April 20): RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from “buy” to “take profit”, recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house’s target price of S$1.
PETALING JAYA (April 18): Commercial real estate remains an important asset class for private investors, with 27% of global transaction volumes attributed to them in 2016, according to global real estate consultancy Knight Frank citing Real Capital Analytics.
SINGAPORE (March 23): The trustee managers of CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) has established a US$2 billion (S$2.
SINGAPORE (March 8): DBS is maintaining its “buy” recommendation for CapitaLand Commercial Trust, thanks to the timely acquisition of the remaining 60% stake in CapitaGreen.
KUALA LUMPUR (Feb 24): Sarawak-based property developer Ibraco Bhd's net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 80% to RM3.
SINGAPORE (Jan 25): The manager of Mapletree Commercial Trust (MCT) has declared a distribution per unit (DPU) of 2.
SINGAPORE (Jan 23): Frasers Commercial Trust (FCOT) has declared a distribution per unit (DPU) of 2.
SINGAPORE (Jan 19): CapitaLand Commercial Trust is making tracks in the Singapore office REITs sector in spite of headwinds in the market.
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