Property
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Murdoch’s REA Ups Offer For Property Website Rightmove
Rupert Murdoch’s REA Group said has now made three offers to buy UK property platform Rightmove AFP REA Group, the Australian online property website majority-owned by Rupert Murdoch’s News Corp…
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Big UK investors poised to buy the dip in US property
BRITISH investment managers Legal & General (L&G) and Schroders are to invest hundreds of millions of US dollars in commercial property in the United States, but are largely steering clear…
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Directors add to interests in property stocks
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Sep 13 to 19, with S$367 million of net institutional inflow, bringing total net inflows from the…
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Win-win investment property deals exist, but lower interest rates raise risk of bad deals
While the CLI-CICT Ion Orchard deal arguably benefits both parties, investors should be wary of Reit managers bingeing on acquisitions Sometimes, win-win deals do not exist. In trading a pair…
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GIC divests Hilton hotel property in Fukuoka, Japan
The property has 1,052 guest rooms and is situated next to the Mizuho PayPay Dome, a baseball stadium SOVEREIGN wealth fund GIC has divested its hotel property in Fukuoka, Japan,…
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Property Website Rightmove Rejects GBP5.6 Bn Murdoch Bid
UK online property platform Rightmove said the takeover bid by Rupert Murdoch’s REA Group was ‘wholly opportunistic’ and undervalued the company AFP UK online property website Rightmove said Wednesday it…
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UK property portal Rightmove rejects £5.6 billion takeover offer from Murdoch’s REA Group
NEWS Corp-backed property listing company REA Group said on Wednesday that Britain’s largest property portal Rightmove rejected its £5.6 billion (S$9.5 billion) buyout proposal. Rupert Murchoch-owned REA did not cite…
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Property website Rightmove rejects £5.6 billion Murdoch bid
UK ONLINE property website Rightmove said on Wednesday (Sep 11) that it had rejected a multi-billion-pound takeover proposal from Australian peer REA Group, majority owned by Rupert Murdoch’s News Corp…
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Shares of Australian pub landlord Hotel Property jumps after rebuffing of buyout offer
There is no reason for an immediate sale due to its sound financial position and defensive revenue backed by long leases, an analyst says AUSTRALIAN pub landlord Hotel Property Investments…
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Specialised property draws private money
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Iron ore tumbles back below US$100 as China property woes deepen
THE price of iron ore fell back below US$100 a tonne to snuff out a rebound, as pessimisim over China’s economic prospects weighed on industrial commodities. The steelmaking material rose…
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‘Stars are aligning’ for UK property stocks, Morgan Stanley says
BRITISH real estate stocks could be flipping the script on a “lost decade,” according to Morgan Stanley analysts, who have the UK as their preferred region in the European property…
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Weakness in ferrous metal prices expected to persist amid China’s property, economic recovery woes
A sluggish Chinese economy has dampened the industrial metal markets, particularly the demand for iron and steel FERROUS metal prices are taking the hardest hit, analysts said, as concerns over…
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Shifting property winds
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Industrial Reits maintain resilience despite slowdown in industrial property market
IN JTC’s latest market report for the second quarter of 2024, it noted that industrial rents rose 1 per cent quarter on quarter, recording the slowest rate of increase since…
