Mapletree Industrial Trust posts 2.4% rise in Q4 DPU

INDUSTRIAL landlord Mapletree Industrial Trust (MIT) reported a 2.4 per cent year-on-year rise in distribution per unit (DPU) to 2.95 Singapore cents for the fourth quarter ended March 31, 2018.

Keppel Corp Q1 profit up 34% buoyed by property division

UNDERPINNED by its property business, Keppel Corporation's net profit for the first quarter ended March 31 jumped 33.7 per cent to S$337.5 million...

Keppel Corp's Q1 net profit jumps 34%, buoyed by property division

KEPPEL Corporation reported a 33.7 per cent jump in net profit for the first quarter ended March 31 to S$337.5 million, underpinned by stronger contributions from its property division.
BT EXCLUSIVE

Widening public-private home price gap may not dent upgrading demand

IS THE growing divergence in prices of resale public housing flats and private homes snuffing out the Singaporean dream of owning a condominium?

Keppel-KBS US Reit posts DPU of 2.32 US cents

US OFFICE landlord Keppel-KBS US Reit delivered distribution per unit (DPU) of 2.32 US cents for the period since listing from Nov 9, 2017, to March 31, 2018, beating its forecast by 0.4 per cent.

Keppel-KBS US Reit posts 2.32 US cents in DPU post-listing

KEPPEL-KBS US Reit delivered distribution per unit (DPU) of 2.32 US cents for the period since listing from Nov 9, 2017 to March 31, 2018, beating its forecast by 0.4 per cent.
BT EXCLUSIVE

Multi-dimensional study unveiled for Orchard Road redux

ONCE a magnet for global tourists and regional shoppers, Orchard Road is today losing its draw as stores along the world-famous shopping belt battle disruption from online shopping to overseas shopping.

Two weekend property launches see keen take-up rates

STRONG buying momentum continued in last weekend's property launches, for which robust take-up rates bode well for upcoming launches this year...

SPH Reit maintains Q2 DPU at 1.4 cents

SPH Reit has declared a distribution per unit (DPU) of 1.40 Singapore cents for the second quarter ended Feb 28, unchanged from a year ago.

Midas directors to travel to China to meet firm's subsidiaries

BELEAGUERED railway-parts maker Midas Holdings said its board of directors will be travelling to China to meet the relevant subsidiaries next week to obtain relevant information, including cash validation, litigations and undisclosed subsidiaries.

Global Dragon buying Katong Omega Apartments for S$46.3m in en bloc deal

CATALIST-listed Global Dragon Limited, the former TMC Education Corporation that recently changed its core business from education to property development and property investment, has dipped its toes into the collective sales market as well.

MAS reminds FIs to be on alert for fraudulent fund transfers

THE Monetary Authority of Singapore (MAS) has issued an advisory to remind financial institutions (FIs) to remain vigilant, following recent reports of cyber incidents overseas, where attackers have attempted fraudulent fund transfers using the SWIFT telecommunications system, through which...

Midas Holdings' board to travel to China for due diligence, to hold shareholders dialogue

BELEAGUERED railway-parts maker Midas Holdings said its board of directors will be travelling to China to meet the relevant subsidiaries next week to obtain information, including cash validation, litigations, and undisclosed subsidiaries.

Global Dragon acquires Katong Omega Apartments for S$46.31m

SINGAPORE-LISTED Global Dragon Limited, the former TMC Education Corporation, said it has agreed to acquire Katong Omega Apartments in a collective sale for S$46.31 million at the close of its public tender on April 5.

SPH Reit maintains Q2 DPU at 1.40 Singapore cents

SPH Reit has declared a distribution per unit (DPU) of 1.40 Singapore cents for the second quarter ended Feb 28, unchanged from a year ago.

MAS reminds financial institutions to stay vigilant against fraudulent fund transfers

THE Monetary Authority of Singapore (MAS) has issued an advisory to remind financial institutions to remain vigilant, following recent reports of cyber incidents overseas where attackers attempted fraudulent fund transfers using the SWIFT system.

Dairy Farm joins billion-dollar en bloc list with asking price of over S$1.68b

ANOTHER residential development that could smash the collective sale record currently held by Farrer Court is The Dairy Farm, if it obtains the requisite approval from owners and is successfully sold.

Kingsford allowed to start work in some areas of condo project

CHINESE developer Kingsford Development, which was slapped with an order to stop building works at its condominium project in Upper Serangoon View, has been permitted to resume works at areas that do not require rectification.

Tiong Seng-Ocean Sky JV bags Cairnhill Heights in S$72.6m en bloc deal

A JOINT venture between Singapore-listed construction and engineering firm Tiong Seng Holdings and civil engineering company Ocean Sky International has agreed to acquire Cairnhill Heights condominium for S$72.6 million, less than the sellers' initial asking price of more than S$80 million...

Developers send Q1 property investment sales to new high

A FLURRY of land-banking activities by developers propelled Singapore's property investment sales market to its strongest quarter in the first three months this year...

SPH, Kajima break ground on landmark Bidadari project

THE first private residential-cum-retail project in the new Bidadari estate will offer some 680 residential units and close to 28,000 sq m of retail gross floor area.

Kajima hopes to double S'pore revenue contribution

JAPAN-LISTED Kajima Corporation is looking to double revenue contribution from Singapore within three years, mainly driven by construction and engineering contracts.

SPH and Kajima break ground on 680-unit The Woodleigh Residences at landmark Bidadari project

THE first private residential-cum-retail development that is shaping up in the new Bidadari estate will offer some 680 residential units and close to 28,000 square metres of retail gross floor area.

Singapore shares resumed trading on Monday afternoon in negative territory; STI down 0.8%

SINGAPORE shares resumed trading on Monday afternoon in negative territory, with the benchmark Straits Times Index down 27.84 points or 0.8 per cent at 3,393.55 at 1.07pm.

Technics Oil and Gas gets extension to hold AGM by Sept 15

THE judicial manager of Technics Oil and Gas Ltd said the company has been granted an extension of time from the Accounting and Corporate Regulatory Authority (Acra) to hold its 2018 annual general meeting (AGM) by Sept 15.