commercial building

Broker's Calls

Melbourne acquisition does little to boost estimates for Roxy Pacific

SINGAPORE (Nov 22): OCBC Investment Research is maintaining its “hold” call on Roxy Pacific with an unchanged fair estimate of 52 cents following news of its acquisition of a freehold property in Melbourne, Australia, for A$74.14 million ($76.1 millio

Property

Mandarin Oriental continues to review options for The Excelsior despite setback

SINGAPORE (Sept 27): Mandarin Oriental International is continuing its review of its long-term strategic options with the potential sale of its hotel property in Hong Kong, The Excelsior, and its possible redevelopment into a commercial building.
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