GSH swings into 4Q and FY2016 losses
SINGAPORE (Feb 28): GSH Corp, the property developer and owner of Sutera Harbour Resort in Kota Kinabalu, swung into losses of S$3.
Living it up in LA
Luxury hotel operator Fairmont Hotels & Resorts, now part of the AccorHotels Group, has announced the signing of definitive agreements for the revitalisation and management of the historic Century Plaza Hotel, located in the heart of Century City in Los Angeles.
CMMT sees rental pressure remaining in near term
KUALA LUMPUR (Jan 25): The downward pressure on rental in shopping malls will remain in the near term as more shopping space comes into the market, according to Low Peck Chen (pictured), the chief executive officer (CEO) of Capitaland Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of Capitaland Malaysia Mall Trust (CMMT).
Why RHB is cutting CapitaLand Mall Trust to 'neutral'
SINGAPORE (Jan 23): RHB Research has downgraded CapitaLand Mall Trust from a “buy” to a “neutral” recommendation, amid concerns that its rental growth could be affected by the sluggish retail market.
InterContinental Hotels to manage Ho Hup’s new hotel in Sabah
KUALA LUMPUR (Jan 20): Ho Hup Construction Co Bhd has appointed InterContinental Hotels Group (Asia Pacific) Pte Ltd (IHG) to manage its new Crowne Plaza Kota Kinabalu Waterfront hotel in Kota Kinabalu, Sabah.
GSH Corp says in talks to sell unnamed asset on SGX query
SINGAPORE (Dec 20): Property developer GSH Corporation, which has seen its share price nearly double over the last two months, is in talks to sell an asset it did not name.
CMMT's 3Q DPU up 2.4% on higher net property income
KUALA LUMPUR (Oct 20): CapitaLand Malaysia Mall Trust (CMMT)’s third quarter ended Sept 30, 2016 (3QFY16) saw its distributable income rise 3.
