Welcome!
Washington DC
US Economy
Traders brace for more S&P 500 volatility after jobless claims
Traders are looking to weekly jobless claims figures for clues as to whether the US' labour market is weakening further.
August 08, 2024
US stocks
Markets unsettled by violent insurrection in Washington despite 'blue wave' cheer
Before the pro-Trump rioters invaded the capitol, financials hit a 1-year high and were still higher on the day.
January 07, 2021
M&A
Manulife US REIT acquires Virginia asset for US$122 mil; proposes US$94 mil private placement to fund deal
SINGAPORE (April 29): Manulife US REIT has agreed to acquire a freehold 11-storey Class ‘A’ office asset at the Washington Metropolitan area in Fairfax, Virginia, for a consideration of US$122 million ($166.1 million) from Carr Properties.
April 29, 2019
Broker's Calls
Why RHB is nothing but positive on Manulife US REIT's latest acquisitions
SINGAPORE (Apr 16): RHB is maintaining its “buy” on Manulife US REIT but raising its target to US$1 from 98 US cents to factor in 1-2% higher FY18-20 DPU forecasts on contributions from its latest acquisitions.
April 16, 2018
GIC announces joint acquisitions of $1.05 bil Washington DC office portfolio
SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.1 million sq ft of office assets in the Washington DC metro, with a total of more than $1.05 billion in aggrega
February 23, 2017