CapitaLand Commercial Trust declares 3.2% higher 2Q DPU of 2.27 S'pore cents
The estimated adjusted DPU was computed based on total units in issue of 3.06 billion as at July 14 due to the progressive conversion of convertible bonds into new units.
GLP in deal to build Adidas’s largest distribution centre in Asia
GLP has signed a 83,000 sq m build-to-suit agreement with Adidas to develop its largest distribution centre in Asia.
Foreign investors ‘positive’ on Singapore property sector
Maybank Kim Eng is maintaining its “positive” rating on Singapore’s property sector after collecting feedback from investors in Hong Kong.
GuocoLand to launch The Martin Modern
Private reviews for the sales gallery and show suites will open on July 8 at 8 Martin Place.
Ascott group acquires additional 60% stake in Quest Apartment Hotels for S$191 mil
With the acquisition, the group will become the largest serviced residence provider across Australia, New Zealand and Fiji.
Keppel REIT’s latest acquisition offers DPU accretion, cashflow visibility
DBS is maintaining its “buy” call on Keppel REIT (KREIT) with a target price of S$1.23 following its acquisition of a 50% stake in an office tower in Australia.
Ascott surpasses 100th property milestone with 7 new properties in China
These properties mark Ascott’s first step into managing properties in Kunming and Yichang, while expanding its presence in Chongqing, Dalian, Shenzhen and Xuzhou.
UOL a step closer to achieving ‘statutory control’ of UIC in share swap deal with Haw Par
UOL says the deal will bring it closer to its aim of achieving statutory control in UIC in the future.
Astaka tops off twin towers at One Bukit Senyum in Johor
One of the tallest residential towers in Southeast Asia, The Astaka twin towers stand at 915 feet.
This property group is poised for a pickup
DBS Vickers expects Frasers Centrepoint Ltd and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.
