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Struggling Changi Business Park deals blow to Singapore's regional hub ambitions
Overall vacancy rates across 10 commercial properties have more than doubled in the past three years to nearly 40%
June 06, 2024
Broker's Calls
CGS-CIMB bullish on Frasers Property Limited despite Covid-19 hospitality headwinds
FPL plans to launch Fernvale Lane executive condominium in 4QFY2021 and redevelop Bedok Point into a residential project.
February 10, 2021
Broker's Calls
Australian acquisitions could bring DPU upside to Frasers Logistics Trust: CIMB
SINGAPORE (Aug 1): CIMB Research is maintaining its “add” call on Frasers Logistics & Industrial Trust (FLT) with an unchanged $1.10 target price estimate, after its manager last week declared 3Q results in line with the research house’s estimates.
August 01, 2017
Broker's Calls
Maiden acquisition keeps Frasers Logistics a favourite ‘buy’ pick among brokers
SINGAPORE (June 7): Four brokerages have expressed positive sentiment on news of Frasers Logistics & Industrial Trust’s (FLT) latest announcement of its maiden portfolio acquisition, and are thus unanimously reiterating their recommendations to buy the
June 07, 2017
Vibrant announces termination of proposed sale of Changi South property to Sabana REIT
SINGAPORE (May 9): The proposed sale and leaseback of a four-storey light industrial building at 47 Changi South Ave 2, which Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) was originally intending to acquire from Vibran
May 09, 2017
Sabana REIT's purchase of Changi South property from Vibrant draws scrutiny
SINGAPORE (Feb 28): Sabana Shari’ah Compliant Industrial Real Estate Investment Trust is proposing to acquire a four-storey light industrial building at 47 Changi South Ave 2 from its sponsor, Vibrant Group, at a per-square-foot price that is well above
February 28, 2017
Broker's Calls
This REIT is loaded with acquisition ammo
SINGAPORE (Feb 7): DBS Vickers Securities is reiterating its “buy” recommendation on Frasers Industrial & Logistics Trust (FLT) with a price target of $1.10, on the belief that the REIT offers steady returns with the “firepower” to make further ac
February 07, 2017
Frasers Centrepoint to invest $520 mil in Thai developer TICON
SINGAPORE (Oct 10): Property company Frasers Centrepoint Limited (FCL) says its subsidiary, Frasers Property Holdings (Thailand) (FPHT), on Friday signed an agreement to subscribe for up to 735 million new shares of TICON Industrial Connection Public Comp
October 10, 2016