Property
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US banks have a commercial property blind spot, study warns
Large US banks may be more exposed to commercial property than regulators appreciate because of credit lines and term loans they provide to real estate investment trusts, according to a…
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Shanghai Lifts Home-buying Curbs To Boost Property Sector
The crisis in China’s vast property sector has been a major drag on the country’s economy AFP Shanghai has relaxed rules on buying property in the city, as local governments…
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Property tycoon Gordon Tang and family to fully acquire ARA H-Trust’s managers, buy 19% stake in stapled group
ARA Asset Management, owner of ARA US Hospitality Trust : XZL 0%’s (ARA H-Trust) sponsor, has agreed to sell the trust’s managers to Acrophyte Asset Management, an entity wholly owned…
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CDL posts S$736.8 million Q1 sales revenue in Singapore property development
CITY Developments Limited (CDL) and its joint venture (JV) associates registered a sales revenue of S$736.8 million in Singapore for the first quarter ended March, up from a total sales value…
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Thailand’s Central buys German luxury retail property KaDeWe
THAI retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another step towards buying the group.…
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Vietnam Property Tycoon Sentenced To Death In Multi-billion Dollar Fraud Case
A top Vietnamese property tycoon was sentenced to death on Thursday in one of the biggest corruption cases in history, with an estimated $27 billion in damages. A panel of…
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Vietnam Property Tycoon Faces Verdict In Multi-billion Dollar Fraud Case
A top Vietnamese property tycoon faces a potential death sentence Thursday as she and her co-accused await verdicts in one of the biggest corruption cases in history, with an estimated…
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ESR-Logos Reit to divest Australia property at 7.4% premium in A$65.5 million deal
ESR-Logos Real Estate Investment Trust : J91U 0% (Reit) is divesting a logistics property in Australia for A$65.5 million (S$57.7 million). On Thursday (Apr 11), the Reit manager said its sale…
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Stocks to watch: CDL, Frasers Property, ESR-Logos Reit, Sabana Reit, Centurion, LHN
THE following companies saw new developments that may affect trading of their securities on Thursday (Apr 11): Source link
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Centurion unit sets up JV company to lease, refurbish Hong Kong property
ACCOMMODATION assets operator Centurion Corporation : OU8 0% on Tuesday (Apr 9) said its wholly owned subsidiary Centurion Overseas Investments has established a 60 per cent-owned unit – Centurion-Lionrock (HK)…
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Frasers Property expects ‘significant’ drop in H1 earnings on fair value losses, impairment
FRASERS Property is expecting to report a “significant decrease” in net profit for the first half of its current fiscal year ended Mar 31 compared with the corresponding prior year…
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Frasers Property to install 4,500 sq m of solar panels in its properties in SP Group tie-up
FRASERS Property : TQ5 0% is tying up with SP Group to install close to 4,500 square metres (sq m) of solar panels across seven of its retail and commercial…
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Straits Trading sells Adelaide property; consideration is A$10 million below independent valuation
THE Straits Trading Company is selling one of its industrial properties in South Australia for A$52.7 million (S$46.3 million) – an amount that is more than A$10 million below an…
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Straits Trading sells Adelaide property; consideration is A$10 million below independent valuation
THE Straits Trading Company is selling one of its industrial properties in South Australia for A$52.7 million (S$46.3 million) – an amount that is more than A$10 million below an…
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OCBC confirms exploring redevelopment of Chulia Street property
OCBC has confirmed that is exploring the redevelopment of its Chulia Street property. “We are exploring the redevelopment of the 63, 65 Chulia Street and 18 Church Street to rejuvenate a strategic area in…
