development

S-REITs with Singapore focus can grow by leveraging on their sponsors for redevelopment projects

For the FY2020, the group has proposed a dividend of RMB232.1 million or RMB3.0 for every 10 shares in the capital of the group.

SINGAPORE (Feb 1): Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw US$60 billion ($80.8 billion) in new investment.

SINGAPORE (Oct 16): CGS-CIMB Research is maintaining its “neutral” stance on Singapore’s property sector post the release of recent Urban Redevelopment Authority (URA) data, which reflected higher September monthly home sales of 944 transactions, up

SINGAPORE (June 27): CapitaLand is acquiring a 100% stake in Chongqing Zhonghua Real Estate for RMB2.2 billion ($459 million) via the group’s wholly-owned subsidiary, Chongqing Kai Tai Industry Development.

SINGAPORE (Jan 2): Chip Eng Seng’s subsidiary in Vietnam, Viet Investment Link Joint Stock (VietLink) is acquiring a 60% stake in a Vietnam development known as Soai Kinh Lam Apartment – Commerce Center, in District 5 of Ho Chi Minh City, for US$19.7

SINGAPORE (Oct 9): OCBC Investment Research is maintaining its “buy” call on City Developments Limited (CDL) while raising its fair value estimate to $12.90 from $12.39 previously after factoring in its recent site acquisition as well as firmer reside

SINGAPORE (Sept 19): Keppel Land is acquiring a prime site in Jakarta, Indonesia, for IDR586 billion ($60 million) from Bank Central Asia via its wholly-owned subsidiary, PT Sukses Manis Tangguh.

SINGAPORE (Sept 15): Lian Beng Construction (1988), a wholly-owned subsidiary of Lian Beng Group, has been awarded a contract worth approximately $162 million to construct a condominium housing development at Martin Place.

SINGAPORE (Aug 3): Maybank Kim Eng Research is keeping its “hold” call on CapitaLand with an unchanged price target of $3.75 after the real estate group this morning posted its set of financial results for 2Q17, which was overall in line with the rese