Paramount to develop Mercure hotel in Utropolis Glenmarie
PETALING JAYA (April 4): Paramount Corporation Bhd today announced the development of the hotel component in its integrated development in Shah Alam, Utropolis Glenmarie.
JV partners say China’s latest SEZ likely to have ‘positive impact’ on Gaobeidian project
SINGAPORE (April 5): Oxley Holdings, KSH Holdings, Lian Beng Group and Heeton Holdings say China’s latest Special Economic Zone (SEZ) in Hebei is likely to have a “positive and favourable” impact on their joint-venture project in Gaobeidian.
KSH, Lian Beng, Heeton, Oxley shares on a tear after site of China’s latest SEZ revealed
SINGAPORE (April 4): The share prices of KSH Holdings, Lian Beng Group, Heeton Holdings and Oxley Holdings sprung to life on Tuesday after news broke that a “1,000 year” Special Economic Zone (SEZ) would be sited right next to their joint-venture development in Hebei province.
Ascendas REIT completes S$26.5 mil acquisition of Melbourne logistics property
SINGAPORE (April 4): Ascendas Fund Management, the manager of Ascendas REIT, today announced completion of the REIT’s acquisition of Stage 4, Power Park Estate in Melbourne, Australia, from Goodman Dandenong Trust for a purchase consideration of A$24.
8 reasons high-rises are climbing the popularity chart
WHEN CK Lau’s family decided to shift from a spacious semi-dee house to a smaller 1,279 sq ft condo unit five years ago, relatives and friends wondered if the Laus were having trouble making ends meet.
Singapore’s property market to benefit from population and economic growth ahead
SINGAPORE (April 3): Singapore’s property market is expected to benefit from a number of government policy changes that have recently begun to take effect, according to recent research data published by JLL.
Singapore REITs get an upgrade as Fed doves & hawks tussle
SINGAPORE (April 3): CIMB Research is upgrading its sector outlook on Singapore REITs (S-REITs) from “underweight” to “overweight” on a dovish Fed outlook in addition to a potential sector re-rating ahead of a broader physical recovery in 2018.
Singapore eDevelopment auditors’ cast doubt on group’s ability to continue as going concern
SINGAPORE (April 3): Singapore eDevelopment says its independent auditor, Ernst & Young LLP, has included an emphasis of matter in its report on the audit of the financial statements of the group for the FY2016 ended December.
GuocoLand marks expansion beyond Asia as JV Eco World International debuts on Bursa Malaysia
SINGAPORE (April 3): SGX-listed property group GuocoLand Ltd has marked its expansion into the UK and Australia via its joint-venture company, Eco World International (EWI).
Naza TTDI expects 80% of MET 1 to be sold by end of this year
KUALA LUMPUR (April 3): Naza TTDI Sdn Bhd, the property arm of Naza Corporation Holdings Sdn Bhd and the developer of KL Metropolis expects 80% of its serviced residences in the MET 1 precinct to be sold by this year end, said Naza TTDI deputy executive chairman and group managing director, SM Faliq SM Nasimuddin.
