Welcome!
Perennial Real Estate Holdings (PREH)
Property
Chip Eng Seng to acquire minority interest in 8 Shenton Way for $2.13 mil
The proposed acquisition is said to allow Chip Eng Seng to acquire a meaningful stake in a prime real estate site in the CBD
April 05, 2022
Broker's Calls
938 Brokers' Digest
Here are three stocks to watch for the week: Koufu Group, ARA LOGOS Logistics Trust and Perennial Real Estate Holdings
June 19, 2020
Company in the news
Perennial's controlling shareholders launch privatisation offer at 95 cents per share
HOPU will fund the balance 17.57% of shares to be acquired from the minority shareholders
June 13, 2020
Debt and defaults
Debt danger lurks in Covid-19 shadow
More companies in danger of default given higher leverage, weaker balance sheets and greater risk of liquidity crunch amid the pandemic
May 29, 2020
Broker's Calls
Perennial poised to thrive on divestment of AXA Tower despite bleak economic outlook: DBS
Analysts at DBS Group Research say the partnership marks a win not just for Perennial, but also Alibaba Singapore and the broader local office market.
May 08, 2020
Contracts
Alibaba buys 50% stake in AXA Tower, assumes 50% of loan
A consortium of investors led by Singapore-listed Perennial Real Estate Holdings announced on May 6 that they are selling a 50% stake in AXA Tower and transferring 50% of the outstanding loan to Alibaba Singapore.
May 08, 2020
Contracts
Alibaba buys 50% stake in AXA Tower, assumes 50% of the loan
A consortium of investors led by Singapore-listed Perennial Real Estate Holdings announced on May 6 that they are selling a 50% stake in AXA Tower for and transferring 50% of the outstanding loan, to Alibaba Singapore.
May 06, 2020
Stocks To Watch
Yanlord's offer for UE is not priced to attract acceptances — but what if it does?
SINGAPORE (Nov 4): On Oct 25, Yanlord Land Group announced that it had acquired the 51% in Yanlord-Perennial Investment (Singapore) that it did not own and renamed the company Yanlord Investment (Singapore). Of this 51%, 45% belonged to Perennial Real E
November 01, 2019