Boustead sees better earnings as economy picks up
KUALA LUMPUR (April 7): Boustead Holdings Bhd is banking on better economy, higher government spending and higher foreign direct investment (FDI) for better earnings this year.
Strong leadership key to sound management
NON-STRATA RESIDENTIAL CATEGORY — SILVER DUTA NUSANTARA WHEN Duta Nusantara won the Silver award in TheEdgeProperty.
US student housing, logistics play draw Singapore’s major investors
STUDENT accommodation, once considered a niche sector, has emerged as one of the most sought after.
Ascott REIT rights issue 1.8 times subscribed
SINGAPORE (April 5): The manager of Ascott Residence Trust announced its rights issue was 1.
Frasers Centrepoint Trust issues S$90 mil 2.365% notes
SINGAPORE (April 4): Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust, announced Monday that FCT MTN has issued S$90 million (RM285.
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.
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.
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).
A closer look at an uncontested winner among Singapore’s developers
SINGAPORE (March 31): CIMB Research is reiterating its “add” recommendation on property developer UOL Group, which remains the research house’s top pick among Singapore developers with an unchanged target price of S$7.
Penang undersea tunnel feasibility studies 87% complete, says Guan Eng
KUALA LUMPUR (March 31): Feasibility studies for the proposed RM4 billion Penang undersea tunnel are 87% complete, said Chief Minister Lim Guan Eng.
