Property
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Frasers Property registers S$1 billion in pre-sold revenue as at end-2024; net gearing up to 86.4%
FRASERS Property registered S$1 billion in pre-sold revenue across Singapore, Australia, Thailand and China, as at Dec 31, 2024, its business update on Friday (Feb 7) indicated. Net gearing stood…
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These property sectors in Singapore could take a hit from the JS-SEZ, analysts say
WHILE some industries in Singapore, such as banks and gaming, are poised to benefit from the Johor-Singapore Special Economic Zone (JS-SEZ), this may not be the case for some industries.…
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Industrial property in Singapore among sectors likely to take a hit from JS-SEZ, analysts say
Manpower or space intensive sectors could reap big savings by moving to the special economic zone across the Causeway WHILE some industries in Singapore, such as banks and gaming, are…
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Property Values Could Drop $1.47 Trillion Due To Climate Change: Study
An aerial view of homes in a housing development on September 08, 2023 in Santa Clarita, California. Mario Tama/Getty Images A new study warns that climate change could take a…
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Chinese Property Giant Vanke Warns Of Huge Loss, CEO Resigns
Vanke said Monday its CEO had resigned “for health reasons” AFP Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to “health reasons”, after state-backed media…
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Hong Kong’s property distress is catching up with city’s banks – The Business Times
DISTRESSED property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. The city’s commercial real estate sector is going through one…
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Stocks to watch: Sembcorp, CDL, Frasers Property, Sabana Reit, ValueMax – The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday (Jan 20). Sembcorp Industries: The energy and urban development company, through its subsidiaries Sembcorp Green…
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United Hampshire US Reit unit sells supermarket property for US$23.8 million – The Business Times
United Hampshire US Reit, through its indirectly wholly owned subsidiary UH US Albany 2019, has sold a supermarket property in the US state of New York for US$23.8 million. However,…
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Stocks to watch: Mapletree Logistics Trust, City Developments, Frasers Property
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 17). Mapletree Logistics Trust (MLT): Its trustee, HSBC Institutional Trust Services, has entered into…
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Mapletree Logistics Trust to sell Tuas property for S$11.18 million, 39.8% above valuation
The property comprises a three-storey cargo lift warehouse and factory building with an ancillary office Mapletree Logistics Trust’s (MLT) trustee HSBC Institutional Trust Services has entered into a purchase agreement…
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Ho Bee Land sparks bidding war for Australian property developer AVJennings at A$0.70 a share
The offer trumps an existing deal made by Proprium Capital Partners and Avid Property Group REAL estate group Ho Bee Land has launched a non-binding indicative offer to acquire all…
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Property a big winner: Potential Malaysia beneficiaries from Johor-Singapore SEZ
While there are probable Singapore winners arising from the Johor-Singapore Special Economic Zone (JS-SEZ), analysts believe that there are even more Malaysian beneficiaries. “Stock beneficiaries are largely on the Malaysia…
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Millionaire Who Complained About Property Taxes Slammed for Offering to ‘Pay Any Amount’ for ‘Private Firefighters’ to Save His Pacific Palisades Mansion from Fire
A Los Angeles county millionaire real estate developer who complained about property taxes, which fund the county’s Fire District, was lambasted for offering to pay “private firefighters” to protect his…
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DBS upgrades PropNex to a buy rating, lifts target price on expected ‘rebound’ in property market
DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter by 21.1 per cent to…
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Mapletree Logistics Trust to divest Malaysia property for RM31.5 million
MAPLETREE Logistics Trust (MLT) has entered an agreement, through its special purpose vehicle in Malaysia, to divest Subang 2 for RM31.5 million (S$9.6 million) to an unrelated third party. The…
