Property
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ThaiBev proposes share swap involving Frasers Property, F&N shares
The beverage manufacturer wants to divest its real estate stakes to become a pure-play F&B business THAI Beverage (ThaiBev) has proposed a share swap which will result in the beverage…
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Stocks to watch: Thai Beverage, Frasers Property, OCBC, UMS, Singapore Airlines
THE following companies saw new developments that may affect trading of their securities on Thursday (Jul 18): Thai Beverage Public Company (ThaiBev), Frasers Property: The beverage manufacturer is proposing a…
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First Sponsor-led consortium buys Sydney property in A$24.7 million deal
A CONSORTIUM that is 90.5 per cent owned by First Sponsor Group has struck an A$24.7 million (S$22.4 million) deal with City Tattersalls Club to purchase the social club’s property…
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Stocks to watch: Frasers Property, ST Engineering
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 10): Frasers Property: Its subsidiary secured a dual-tranche, sustainability-linked loan aggregating about S$904 million,…
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Stocks to watch: Frasers Property, ST Engineering, Yoma Strategic
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 10): Frasers Property: Its subsidiary secured a dual-tranche, sustainability-linked loan aggregating about S$904 million,…
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Frasers Property obtains S$904 million sustainability-linked loan
The facility incorporates a price reduction structure which is pegged to the company’s global real estate sustainability benchmark (GRESB) performance. FRASERS Property’s wholly owned subsidiary, Frasers Property Treasury, has secured…
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Frasers Property bags S$904 million sustainability-linked loan
Five-year facility will be used to refinance existing loans and for working capital FRASERS Property’s wholly owned subsidiary, Frasers Property Treasury, has secured a dual-tranche, sustainability-linked loan aggregating about S$904…
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Centurion JV leases 50 flats in Hong Kong property to create housing for workers
A JOINT venture of dormitory operator Centurion Corporation has leased 50 residential flats in a property in Hong Kong from Abercorn Investments, and plans to renovate these units into accommodation…
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Investor interest in F&N, Frasers Property could be shaped by aftermath of OCBC’s offer for Great Eastern
Fraser and Neave, Frasers Property have seen the market value of their shares languish THE manner in which the looming trading suspension of Great Eastern is resolved could shape the…
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Rebel Spanish Nuns Declare Schism With Vatican Over Property Deal
A community of nuns in a 15th century convent in northern Spain has split with the Roman Catholic Church because of a property dispute and doctrinal wrangling that has seen…
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China’s Property Sector Remains Lifeless And Factory Output Shows Dismal Performance
The property sector in China is not showing any good news as it has remained slumped for quite some time, while the county’s industrial output disappointed expectations. This simply added…
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Kimly unit to buy coffeeshop property at Serangoon for S$13.2 million
COFFEESHOP operator Kimly : 1D0 0%’s wholly owned subsidiary, Choh Dee (S204) Food House, has exercised the option to purchase a coffeeshop property at Serangoon from Lee Quan Enterprises for…
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CapitaLand Ascott Trust fully acquires US student accommodation property
CAPITALAND Ascott Trust (Clas) has acquired the remaining 10 per cent stake in a 678-bed freehold student accommodation property in South Carolina. On Tuesday (Jun 4), its managers said they…
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Chinese Property Giant Evergrande Fined $576 Mn For ‘Fraud’
China’s deeply indebted property giant Evergrande has been fined $576 million for fraudulent business practices, Beijing’s top financial regulator said Friday. Evergrande was once China’s biggest real estate firm, a…