MAJOR PROPERTY DEALS
ERA Realty marks return to SGX
AHEAD of a looming property upcycle, owners of Singapore's second-largest property agency are seizing this window of opportunity to execute a public listing...
ERA Realty to relist as APAC Realty; IPO at 66 Singapore cents per share
AHEAD of a perceived property upcycle in the horizon, the owners of Singapore's second largest property agency are seizing this window of opportunity to bring it back to the Singapore bourse...
HOCK LOCK SIEW
US Reits headed here can only be a good thing
IT was certainly good news for the Singapore market when Keppel Capital, the asset management arm of Keppel Corporation, confirmed that it was working with American real estate investment firm KBS Realty to list Singapore's second US real estate investment trust (Reit)...
CDL has its eye on a triple bottom line
FOR Singapore-listed developer City Developments Ltd (CDL), good corporate governance and sustainability are not just buzzwords or part of business ethics and responsibility, but they form the bedrock of doing business.
Braddell View hops onto en bloc bandwagon
BRADDELL View, the largest of Singapore's 18 HUDC estates and the last to be privatised in March this year, is kick-starting its en bloc journey...
Not bound by neat and tidy definition of a foreign player
HAVING operated in Singapore for the past 25 years, the neat and tidy definition of a foreign player does not seem to sit well with China Construction (South Pacific) Development Co Pte Ltd (CCDC) anymore.
China Construction eyes regional role
THE decline in the number of building projects up for grabs here and intense competition prompted even China Construction (South Pacific) Development Co Pte Ltd (CCDC), one of the top revenue earners in Singapore's construction sector, to diversify into infrastructure some five years ago...
Developers' private-home sales so far this year shoot past 2016's full-year figure
DEVELOPERS' private home sales in the first eight months of this year have already surpassed that made in the whole of last year - with buying fervour in the market having been unrestrained even in August, which coincided with the lunar Hungry Ghost Festival...
Mandarin Oriental receives bids for Excelsior hotel in HK
MANDARIN Oriental International Limited said it has received proposals from potential buyers to acquire The Excelsior hotel in Hong Kong. ...
Mandarin Oriental receives bids for The Excelsior in Hong Kong, shares surge on Friday
MANDARIN Oriental International Limited said that it has received proposals from potential buyers to acquire The Excelsior hotel in Hong Kong.
Singapore developers move 1,581 new private homes, ECs in Aug, up 98% y-o-y
SALES momentum of housing developers continued in August when there was only one project launch, with developers selling 1,581 private residential units and executive condominiums (ECs).
Pine Grove owners expect at least S$1.65b in 3rd en bloc sale bid
PINE Grove could well emerge as Singapore's largest en bloc deal, going by its indicative reserve price of S$1.65 billion - a level that would trump the record of S$1.34 billion set in 2007 by Farrer Court, another former HUDC estate...
Keppel Corp confirms news of joint efforts with KBS to list US commercial Reit
KEPPEL Corporation confirmed that efforts are ongoing to carry out an initial public offering and listing of a US commercial real estate investment trust (Reit) on the Singapore bourse.
KBS, Keppel Capital to jointly list Reit holding US offices
SINGAPORE is set to see its second US real estate investment trust (Reit), adding to an already vibrant community of listed Reits and business trusts on the local bourse.
UBS launches US$400m initiative to invest in Japanese hotel sector
UBS Asset Management's Real Estate & Private Markets (REPM) business has launched a US$400 million initiative with Mitsubishi Corp to invest in the Japanese hotel sector, focusing on key metropolitan and regional areas such as Tokyo, Osaka, Nagoya, Fukuoka and Hokkaido...
Non-landed resale prices inch up in August
NON-LANDED private residential resale prices inched up 0.7 per cent in August from July, led by the prime and suburban regions, and accompanied by a monthly increase of 19.2 per cent in transaction volumes.
Private condo resale prices up 0.7% in August, volumes up 19.2%: SRX Property
NON-LANDED private residential resale prices inched up 0.7 per cent in August from July, led by the prime and suburban regions, and accompanied by a monthly increase in transaction volumes.
Heeton-led consortium begins first phase of regeneration scheme in Leeds
A CONSORTIUM led by Heeton Holdings has started the first phase of a new regeneration scheme at Bridge Street in Leeds.
HPL subsidiary to buy land to build luxury hotel in Republic of Palau
HOTEL Properties Limited said on Wednesday that its subsidiary, HPL Properties (Pacific Ocean) Pte Ltd (HPLPPO), has incorporated a wholly owned unit to acquire land at US$8.5 million to develop a luxury hotel in the Republic of Palau.
Ipco warns of net loss for fiscal Q1
IPCO International Limited said it is expected to report a net loss for the fiscal first quarter ended July 31, mainly attributable to the translation effect of the operations of its overseas subsidiaries.
CITIC Envirotech to acquire 60% stake in CITIC Qingyuan for 378m yuan
CITIC Envirotech Ltd (CEL) said it is taking a 60 per cent stake in fully-integrated environmental and utility company CITIC Environment (Qingyuan) Technology Development Co Ltd (CITIC Qingyuan) in Qingyuan City of Guangdong Province for 378 million yuan (S$78.3 million).
China Everbright Water clinches public-private partnership project in Guangxi
CHINA Everbright Water Limited said its consortium has secured the Nanning Shuitang River integrated restoration project, a public-private partnership (PPP) in Guangxi Zhuang Autonomous Region.
Singapore developers seek to top up their landbank
THE recent pick-up in residential sites acquired by Singapore developers suggests that they have finally come around to the prospect of a more decisive recovery in Singapore's residential market, and the downside of a depleting landbank...
Singapore, Chongqing explore new frontiers for financial connectivity, innovation
FINANCIAL regulators and private-sector participants from Singapore and Chongqing took discussions on financial collaboration between the two cities to a higher level on Monday at the second Singapore-China (Chongqing) Financial Conference (SCFC) in Chongqing.
SBI Offshore reconstitutes board, appoints finance manager
SBI Offshore said on Monday that it has reconstituted its board of directors and appointed a new finance manager following a spate of departures including the chief executive officer and an independent director.