Property
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OCBC confirms it is exploring redevelopment of Chulia Street property
OCBC has confirmed that it is exploring the redevelopment of its Chulia Street property. “We are exploring the redevelopment of 63, 65 Chulia Street and 18 Church Street to rejuvenate a strategic area in…
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OCBC exploring redevelopment of Chulia Street property
OCBC is exploring the redevelopment of its iconic Chulia Street property, the bank said in a statement on Wednesday (Apr 3), confirming an earlier Business Times report. “We are exploring…
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OCBC said to be exploring redevelopment of Chulia Street property
OCBC is said to be exploring a redevelopment of its Chulia Street property, which sits on more than 120,000 square feet of land in Singapore’s central business district. The Business…
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OCBC said to be exploring redevelopment of iconic Chulia Street property
OCBC is said to be exploring a redevelopment of its Chulia Street property, which sits on more than 120,000 square feet of land in Singapore’s central business district. The Business…
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Digital Core Reit acquires additional 10% interest in Osaka asset for 7.7 billion yen
DIGITAL Core Real Estate Investment Trust (Reit) has acquired an additional 10 per cent interest in a data centre located in Osaka, Japan, for 7.7 billion yen (S$68.9 million). Its…
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Iron ore falls for fourth session on China property woes
IRON ore futures fell on Friday (Mar 29) for a fourth straight session, as concerns over China’s property sector weighed on demand and port inventories rose. The most-traded September iron…
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Iron ore futures fall for fourth session on China property woes
IRON ore futures fell on Friday (Mar 29) for a fourth straight session, as concerns over China’s property sector weighed on demand and port inventories rose. The most-traded September iron…
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Bank of Korea warns of economic hit if property slump lasts
THE Bank of Korea (BOK) warned on Thursday (Mar 28) that a further slump in the real estate sector would undermine broader economic activity, as it pointed to worsening delinquencies…
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China’s Bank of Communications posts slight profit gain, warns of property risks
CHINA’S Bank of Communications (BoCom), said on Wednesday (Mar 27) it needed to improve risk control of its property-sector related business, after posting tepid 2023 profit growth. BoCom, the first…
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Stocks to watch: CDL, Frasers Property, Wing Tai, Cordlife, UOB
THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 27): City Developments Ltd : C09 0% (CDL), Frasers Property : TQ5 0%: A…
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China’s property crisis pushes private credit to tech sectors
PRIVATE credit investors’ opportunities in China are shifting from the property market to technology sectors, including green-solution businesses, according to Bo Hu, head of private credit Asia at HSBC Holdings.…
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Stocks to watch: SIA, FLCT, Frasers Property, No Signboard, Chemical Industries
THE following companies saw new developments that may affect trading of their securities on Friday (Mar 15): Singapore Airlines (SIA): The flag carrier has priced US$500 million of 10-year, 5.25…
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Stocks to watch: SIA, FLCT, Frasers Property, CSE Global, No Signboard, Chemical Industries
THE following companies saw new developments that may affect trading of their securities on Friday (Mar 15): Singapore Airlines (SIA): The flag carrier has priced US$500 million of 10-year, 5.25…
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Frasers Property to redeem S$600 million perpetual securities
FRASERS Property’s wholly owned subsidiary, Frasers Property Treasury (FPT), is redeeming S$600 million fixed-rate subordinated perpetual securities. It will be redeemed at S$250,000 for every S$250,000 in nominal amount of…
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Property developer CDL launches share buyback exercise
CITY Developments Limited (CDL) initiated share buybacks for its ordinary shares on the open market on Friday (Mar 8), citing its discounted share value as a reason. The property developer…
