office buildings

SINGAPORE (Feb 20): CIMB Securities is reiterating its “add” recommendation on CapitaLand with an unchanged price target of $4.19, after the property developer’s recent announcement of some $620.1 million worth of acquisitions in Japan.

SINGAPORE (Jan 26): Perennial Somerset Investors (PSIPL), a consortium led Perennial Real Estate Holdings (Perennial), has agreed to divest a 70% stake in TripleOne Somerset to Simply Swift Limited, an indirect wholly-owned subsidiary of Hong Kong-listed