retail

Broker's Calls

SPH REIT to ride on expected retail uptick in FY18, say analysts

SINGAPORE (Jan 8): CIMB is reiterating its “hold” call on SPH REIT with an unchanged target price of $1.06, after the trust’s 1Q18 distribution per unit (DPU) came in within expectations at 23.8% of the research house’s forecast with a total retur

CapitaLand divests stakes in companies holding 20 retail assets for $75 mil gain

SINGAPORE (Jan 5): CapitaLand has agreed to divest its share of interest in a group of companies that hold an agreed value of RMB8.37 billion ($1.7 billion) through 20 retail assets in China, each with an average gross floor area (GFA) of about 40,000 sqm

Results

SPH REIT posts unchanged 1Q19 DPU of 1.34 cents

SINGAPORE (Jan 4): The manager of SPH REIT has announced a 1Q19 distribution per unit (DPU) of 1.34 cents, which remains unchanged from a year ago and will be paid to unitholders on Feb 15.

Broker's Calls

OUE Hospitality Trust's early refinancing to result in higher DPU, says RHB

SINGAPORE (Jan 3): RHB is maintaining its “buy” call on OUE Hospitality Trust (OUE HT), while raising its target price on the REIT to 91 cents from 88 cents previously to factor in a cost of equity (COE) of -7.2% and 2% terminal growth for FY18F and F

In print this week

'Tis the season of cheer for local retailers?

SINGAPORE (Dec 25): This year’s Orchard Road light-up runs 2.88km — from Tanglin Mall to Plaza Singapura. It features a Christmas village, a 20m fairy lights passage and a Christmas countdown clock. According to the Orchard Road Business Association,

In print this week

'Tis the season of cheer for local retailers?

SINGAPORE (Dec 25): This year’s Orchard Road light-up runs 2.88km — from Tanglin Mall to Plaza Singapura. It features a Christmas village, a 20m fairy lights passage and a Christmas countdown clock. According to the Orchard Road Business Association,

Broker's Calls

5 REITs to benefit from the economic growth cycle in 2018: RHB

SINGAPORE (Dec 19): RHB Research is maintaining “overweight” on Singapore REITs (S-REITs) on expectations of selective REITs to continue remaining in favour in 2018, following what the research house sees as a stellar performance in 2017.

Startups, Entrepreneurs, Digital economy

The 36-year-old Japanese who makes US$62 bil with instant web flea market

TOKYO (Dec 5): Yusuke Mitsumoto had a hunch: what if you paid people instantly for their used goods over the internet, with no guarantee that they would hand them over?

Global Markets

Amazon seeks to conquer new continent with push into Australia

SYDNEY (Dec 5): Amazon.com Inc. launched in Australia on Tuesday, offering millions of products and one-day delivery in some areas as the web retailer seeks to seize a share of the nation’s growing online retail market.

Broker's Calls

5 consumer stocks to count on in the new age of e-commerce

SINGAPORE (Dec 4): Phillip Capital is remaining “overweight” on Singapore’s consumer sector on expectations of a continued rebound in the city state’s economic conditions as well as improving consumer sentiment.
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