Property
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Frasers Property partners CIMB Singapore to provide SMEs with flexible financing solutions
Participating retailers at Frasers Property malls will get free account setup and payment terminals [SINGAPORE] Frasers Property has announced a five-year partnership with CIMB Singapore to provide flexible financing solutions…
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Thakral’s profit triples to S$19.5 million on divestment of Osaka property
[SINGAPORE] Investment and lifestyle group Thakral Corporation’s net profit more than tripled to S$19.5 million for the third quarter ended Sep 30, up from about S$4.1 million in the previous…
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Wee Hur selling Adelaide student accommodation property for S$14.2 million
The buyer is Grenfell Trust, an indirect 90.48 per cent owned sub-trust of Wee Hur PBSA Fund III A [SINGAPORE] Wee Hur Holdings announced that its 80 per cent owned…
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CapitaLand India Trust Q3 total property income up 10% at 5.1 billion rupees
This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says manager [SINGAPORE] CapitaLand India Trust (Clint) posted a total property income…
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CapitaLand India Trust Q3 total property income up 18% at 5.1 billion rupees
This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says manager [SINGAPORE] CapitaLand India Trust (Clint) posted a total property income…
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CapitaLand China Trust’s Q3 net property income down 8.5% at 273.5 million yuan
[SINGAPORE] CapitaLand China Trust posted net property income (NPI) of 273.5 million yuan (S$50 million) for its third quarter ended Sep 30, down 8.5 per cent from 298.9 million yuan…
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Far East Hospitality Trust Q3 net property income declines 1% to S$25.9 million
The managers of FEHT maintain a moderate outlook for the stapled trust given the competitive environment [SINGAPORE] Far East Hospitality Trust (FEHT) posted on Thursday (Oct 30) a net property…
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Starhill Global Reit’s net property income edges up 0.2% to S$37.9 million in Q1 FY2026
The Reit’s improved performance was mainly driven by stronger contributions from its Singapore retail and Malaysia segment [SINGAPORE] The manager of Starhill Global Reit reported a marginal rise of 0.2…
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First Sponsor posts 1.3% rise in Europe portfolio Q3 operating income, lacklustre China property development sales
China property development projects’ pre-sales and sales show ‘no meaningful improvement’ as weak market sentiment persists [SINGAPORE] Property developer First Sponsor said that its European portfolio recorded a 1.3 per…
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CICT’s Q3 net property income rises 1.6% to S$294.4 million
[SINGAPORE] CapitaLand Integrated Commercial Trust’s (CICT) net property income (NPI) grew 1.6 per cent year on year to S$294.4 million for the third quarter ended September 2025, while revenue for…
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South Korea faces property ‘ticking bomb’ as Lee backs BOK hold
[SEOUL] South Korean President Lee Jae-myung warned that the country’s property market is a bubble on the point of bursting, as he backed the Bank of Korea’s (BOK) decision to…
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Wee Hur shares up 3.4% after property arm named top bidder of Upper Thomson condo site
[SINGAPORE] Shares of Wee Hur jumped 3.4 per cent around midday on Friday (Oct 24) following the news of the group’s property arm and its controlling shareholder GSC Holdings outbidding…
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NUS selling US$500 million of PE, property funds to manage liquidity, China exposure
Sales of such portfolios often come with a discount to the net asset value in return for getting the capital sooner [HONG KONG] The National University of Singapore is divesting…
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Jardine Matheson to delist Mandarin Oriental at US$3.35 a share; Mandarin Oriental sells HK property for US$925 million
[SINGAPORE] Controlling shareholder Jardine Matheson is moving to take Mandarin Oriental private in a recommended cash takeover valued at US$3.35 per share, bringing the company’s total valuation to about US$4.2…
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Industrial property developer Soon Hock Enterprise opens 8.6% above IPO price in mainboard debut
It started trading S$0.05 up from S$0.58 offer price on volume of over 18 million shares [SINGAPORE] Industrial property developer Soon Hock Enterprise debuted on the mainboard of the Singapore…
