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Singapore to see flying taxi demo flight at Marina Bay this month
(Oct 7): A British company says it’s building the world’s first “vertiport” for electric aircraft in Singapore, an early step towards a global network for flying taxis.
October 07, 2019
Broker's Calls
UOL upgraded to 'buy' on timely acquisition of Marina Centre
SINGAPORE (Apr 16): DBS Group Research is upgrading UOL Group to “buy” from “hold” and raising its target price by 20% to $8.58, after UOL’s 50%-owned subsidiary United Industrial Corporation (UIC) raised its stake in Marina Centre.
April 16, 2019
CapitaLand Commercial Trust to buy Asia Square Tower 2 for $2.15 bil
SINGAPORE (Sept 21): CapitaLand Commercial Trust is buying Asia Square Tower 2 from American asset manager BlackRock Inc for a total of $2.15 billion.
September 21, 2017
Singapore’s Marina Bay land gets record bid of $2.6 bil from IOI Properties unit
SINGAPORE (Nov 8): The first sale of land in Singapore’s Marina Bay in nine years generated healthy bidding from developers, with a plot in the sought-after financial district attracting a top bid of $2.6 billion.
November 08, 2016
Broker's Calls
Office REITs could shrug off falling rents
SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.
September 09, 2016
In print this week
Tender of Central Boulevard 'white site' could reinforce office REIT turnaround
SINGAPORE (Sept 9): On Aug 12, a “white site” at Central Boulevard was triggered by a developer, and market watchers say the bid prices could reinforce a turnaround in sentiment towards office property trusts like CapitaLand Commercial Trust and Keppe
September 09, 2016
Singapore sale of rare Marina Bay land set to fetch bumper price
SINGAPORE (Sept 2): The first sale of land in Singapore’s Marina Bay in nine years is set to fetch a bumper price as developers jockey for a piece of the sought-after financial district.
September 02, 2016