gross floor area (GFA)

'Buy' AIMS APAC REIT on 'banner year ahead': DBS - THE EDGE SINGAPORE

Broker's Calls

'Buy' AIMS APAC REIT on 'banner year ahead': DBS

The analysts have upped their target price to $1.50, with the projected increase in DPU and higher earnings from the acquisitions.
Asian Micro Holdings subsidiary to sell Penang commercial office unit for $169,000 - THE EDGE SINGAPORE

Property

Asian Micro Holdings subsidiary to sell Penang commercial office unit for $169,000

The net proceeds from the disposal will be placed in short-term deposits and may be used for the group’s working capital purposes.
Yoma Land to develop first suburban office property and second City Loft project in Yangon - THE EDGE SINGAPORE

Property

Yoma Land to develop first suburban office property and second City Loft project in Yangon

The targeted sites for both projects are not currently part of Yoma Strategic’s existing landbanks.
Mapletree Logistics Trust acquires Brisbane distribution centre for $109.8 mil - THE EDGE SINGAPORE

REITs

Mapletree Logistics Trust acquires Brisbane distribution centre for $109.8 mil

The acquisition is expected to be accretive at the distribution level.
Hong Leong Asia subsidiary disposes China asset for $28.3 mil - THE EDGE SINGAPORE

Property

Hong Leong Asia subsidiary disposes China asset for $28.3 mil

Shares in Hong Leong Asia closed 1.5 cents lower, or 3.2% down, at 45.5 cents on September 30.
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