One George Street

Nuveen Real Estate buys One George Street  - THE EDGE SINGAPORE

Property

Nuveen Real Estate buys One George Street

Nuveen Real Estate acquires One George Street for its Asia-Pacific Cities Strategies
CICT to divest One George Street, to book net proceeds of $344.8 mil - THE EDGE SINGAPORE

REITs

CICT to divest One George Street, to book net proceeds of $344.8 mil

The Grade A office is sold at $2,875 per square foot

Results

CapitaLand Commercial Trust posts 13% decline in 4Q DPU to 2.08 cents on divestments

SINGAPORE (Jan 25): The manager of CapitaLand Commercial Trust (CCT) has announced a 4Q17 distribution per unit of 2.08 cents, down 13% from 2.39 cents a year ago.

Results

CapitaLand Commercial Trust posts 2.6% rise in 3Q DPU to 2.36 cents

SINGAPORE (Oct 20): The manager of CapitaLand Commercial Trust (CCT) has declared a distribution per unit (DPU) of 2.36 cents for 3Q17, up 2.6% from 2.30 cents a year ago on lower operating expenses, stronger performance from CapitaGreen as well as a one-

Broker's Calls

Should investors cash in on CapitaLand Commercial Trust or continue to ‘buy’?

SINGAPORE (July 20): UOB Kay Hian and DBS Vickers Securities are maintaining their “buy” calls on CapitaLand Commercial Trust (CCT) with the respective target price estimates of $1.90 and $1.85, post the announcement of the REIT’s 2Q results on Tues

Broker's Calls

Property divestments bode well for CapitaLand Commercial Trust’s M&A prospects

SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT) following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of $280 milli

Broker's Calls

CapitaLand Commercial Trust kept at ‘buy’ with sale of One George Street

SINGAPORE (May 2): DBS is maintaining its “buy” call on CapitaLand Commercial Trust with a target price of $1.69 after the latter announced this morning that it was divesting One George Street (OGS) to One George Street LLP (OGS LLP) a limited liabili

Property

CapitaLand Commercial Trust to divest One George Street into 50%-held JV partnership for $84.6 mil

SINGAPORE (May 2): The trustee manager of CapitaLand Commercial Trust (CCT) has entered into an agreement to divest One George Street into a concurrently-formed limited liability partnership – One George Street LLP (OGS LLP), which CCT has established w

Property

CBD property market heating up despite gloomy outlook

SINGAPORE (Nov 29): The Singapore Central Business District has just seen its fourth major office transaction in 2016, after CLSA Capital Partners acquired 77 Robinson Road for $531 million. The sale of One George Street is also said to be under negotiati

Broker's Calls

CCT’s Golden Shoe redevelopment a fitting project for value creation

SINGAPORE (Oct 19): Maybank Kim Eng is reiterating its “buy” call on CapitaLand Commercial Trust (CCT) with an unchanged target price of $1.81.
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