Property
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Frasers Property H1 profit rises 147.6% to S$142.2 million on one-off tax reversal
[SINGAPORE] Higher contributions from residential projects in Singapore, as well as a one-off reversal of tax provisions, pulled up Frasers Property’s first-half earnings – but the group said it will…
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Stocks to watch: OCBC, ST Engineering, Frasers Property, F&N, Far East Orchard, DHLT, Marco Polo Marine
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 9). OCBC: The bank’s net profit for the first quarter fell on lower…
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Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
[SINGAPORE] Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March, from S$25.1 million. Gross revenue…
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First Sponsor reports subdued market sentiments affecting China property development in Q1 2025
It remains cautiously optimistic that government support this year will contribute to a gradual market recovery in country [SINGAPORE] First Sponsor reported that weak market sentiments in the first quarter…
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LMIRT Q1 net property income dips 2.4% to S$29.2 million
[SINGAPORE] Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for the first quarter ended Mar…
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If OCBC wants to keep Chulia Street properties, it should partner a property group to redevelop them
[SINGAPORE] In this column on Mar 31, I advocated that OCBC should sell its Chulia and Church Street properties so that the assets can be redeveloped to create a new…
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CapitaLand India Trust Q1 total property income up 14% at 4.7 billion rupees
This is due to higher rental income from existing properties and income contributions from the acquisitions it made in 2024, says manager [SINGAPORE] CapitaLand India Trust (Clint) posted a total…
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Frasers Property Industrial enters JV to invest in A$600 million Aussie industrial portfolio
[SINGAPORE] Frasers Property Industrial has entered into a capital partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing for industrial assets in Australia. The 50:50 joint venture…
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PGIM to invest US$2 billion in Asia property, unfazed by tariffs
[TOKYO] PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade policies…
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PGIM to invest US$2 billion in Asia property, unfazed by tariffs
[TOKYO] PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade policies…
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Frasers Property sees several senior management changes amid broader industry challenges in the UK: source
[SINGAPORE] Several of Frasers Property’s senior management team will be leaving the company, including group chief operating officer (COO) Anthony Boyd and group chief digital officer Samuel Tan. According to…
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Frasers Property sees several senior management changes: source
[SINGAPORE] Several of Frasers Property’s senior management team will be leaving the company, including group chief operating officer (COO) Anthony Boyd and group chief digital officer Samuel Tan. According to…
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Frasers Property COO Anthony Boyd leaving amid senior management changes
[SINGAPORE] Several of Frasers Property’s senior management team will be leaving the company, including group chief operating officer (COO) Anthony Boyd and group chief digital officer Samuel Tan. According to…
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Ho Bee Land drops AVJennings bid; Australian property developer to be acquired by US fund
[SINGAPORE] Real estate group Ho Bee Land on Tuesday (Apr 1) said it has decided not to proceed with its offer for Australian property developer AVJennings. This comes after AVJennings…
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China Property Giant Vanke Reports Annual Loss Of $6.8 Bn
Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing’s attempts to revive the housing…
