property

SINGAPORE (Feb 27): CapitaLand has announced the first closing of its first discretionary real estate debt fund, which the group will hold a 10% stake in. 

SINGAPORE (Feb 21): CGS-CIMB Research, DBS Vickers Securities and OCBC Investment Research are maintaining “buy” on CapitaLand with the respective price targets of $3.56, $3.62 and $3.98, after the group posted 71.2% higher earnings of $476 million fo

SINGAPORE (Feb 20): CapitaLand Limited reported 4Q18 earnings of $475.7 million, up 71.2% on-year from its restated earnings of $277.8 million due to better operating performance, as well as higher gains from asset recycling and revaluation of investment

SINGAPORE (Feb 13): Regional property and lifestyle group Wing Tai Holdings has reported 1H19 earnings of $18.2 million, 14% down from $21.1 million a year ago in the absence of a one-off gain on disposal of a subsidiary.

SINGAPORE (Feb 13): Vibrant Group’s 51%-owned subsidiary, LTH Logistics, has entered into a conditional put and call option agreement to sell its logistics and warehousing facility at Jurong Island for $227.5 million to SGRE Banyan Pte. Ltd.

SINGAPORE (Feb 1): Maybank Kim Eng is maintaining its “buy” call on Frasers Hospitality Trust (FHT) with an unchanged price target of 80 cents after the REIT’s 1Q19 DPU came in line with estimates at 1.2542 cents, down 4.3% y-o-y.

SINGAPORE (Jan 30): Property developer Keong Hong Holdings saw its earnings double y-o-y to $4 million in 1Q19 from $1.8 million, mainly due to a $4.4 million share of gain from a joint venture company.

SINGAPORE (Jan 30): OCBC Investment Research continues to rate Mapletree North Asia Commercial Trust (MNACT) at “buy” with a higher fair value estimate of $1.35 compared to $1.34 previously.

(Jan 28): Malaysia is planning a sale for $7.4 billion of real estate to bridge the gap between property oversupply and lack of affordable homes, with developers asked to offer at least 10 percent discount.