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Broker's Calls
Keppel REIT to benefit from lease renewals, Australia portfolio going forward: UOB
SINGAPORE (Mar 7): UOB Kay Hian is maintaining its “buy” call on Keppel REIT with a target price of $1.35 on expectations of the REIT to benefit from the full-year impact of leases, which were renewed in 2018, this year.
March 07, 2019
Property
Frasers Property acquires Dutch warehouse for $39.3 mil
SINGAPORE (May 25): Frasers Property has agreed to acquire a 100% stake in Dutch-incorporated company LocMeppel BV for a consideration of 25 million euros ($39.3 million).
May 25, 2018
Results
Manulife US REIT 1Q DPU beats projections by 8.6% at 1.65 US cents
SINGAPORE (May 2): The manager of Manulife US REIT has announced a distribution per unit (DPU) of 1.65 US cents (2.3 cents) for the first quarter ended March 31, exceeding its projected DPU of 1.52 US cents by 8.6%.
May 02, 2017
Brexit
Goldman, Morgan Stanley signal London job moves ahead of Brexit
LONDON/NEW YORK (March 22): Senior Goldman Sachs Group Inc. and Morgan Stanley executives said they’re preparing to shift staff and operations from London to elsewhere in the European Union as Prime Minister Theresa May sets up the UK’s exit from
March 22, 2017
China dominates property portfolio deals in 3Q
SINGAPORE (Nov 8): Commercial real-estate transaction volumes in Asia Pacific fell by 1.1% in 3QFY16 to US$30.4 billion ($42.2 billion), while development site sales fell 17% to US$76.3 billion.
November 08, 2016