Sydney

(Jan 7): Asia is finally succumbing to the global property slowdown that’s jolted homeowners and investors from Vancouver to London, with markets in Singapore, Hong Kong and Australia showing fresh signs of softening.

SINGAPORE (Oct 17): RHB Research is maintaining its “buy” call on MindChamps Preschool with an unchanged target price of 94 cents based on a blended valuation methodology comprising a target EV/EBITDA of 18 times, in line with the peer average, and DC

SINGAPORE (Aug 8): Land transport operator ComfortDelGro (CDG) is acquiring privately-run family bus and coach operator FCL Holdings, two freehold depot sites and a coastal operator for a total of A$134.45 million ($136.2 million) as part of its expansion

SINGAPORE (Aug 7): The manager of Keppel DC REIT (KDC REIT) intends to build a new shell and core data centre on vacant land within the Macquarie Business Park precinct in Sydney, Australia, as an expansion of the Macquarie Telecom data centre campus.

SINGAPORE (Aug 6): MindChamps Preschool saw a near doubling of 2Q earnings to $1.3 million from $0.7 million in 2Q17 on higher revenue.

SINGAPORE (May 4): Roxy-Pacific Holdings says its 50%-owned subsidiary, Feature-Roxy, has entered into a non-binding agreement sell its freehold property at 117 Clarence Street, Sydney, Australia, for A$153 million ($153.4 million).

SINGAPORE (Apr 26): MindChamps PreSchool has inked agreements to acquire four more early learning centres in Sydney, Australia, for a total of A$13 million ($13.1 million).

SINGAPORE (Dec 13): CWG International’s 95.8%-owned subsidiary, Bluesky Parramatta, is selling a plot of land in Sydney, Australia to Parkes 88 for A$40 million ($40.6 million).

SINGAPORE (Aug 18): Ascendas-Singbridge is acquiring 66 Goulburn Street, a Grade ‘A’ commercial building in Sydney’s central business district, for A$252 million ($270 million) from Australia-listed GDI Property Group.  

SINGAPORE (June 6): Straits Real Estate, a subsidiary of Straits Trading Company, is investing roughly A$119 million ($122.7 million) for a stake in a 32-storey office building located at 320 Pitt Street in Sydney, Australia.