a-iTrust to buy 2 office blocks in Hyderabad's HITEC City
ASCENDAS Property Fund Trustee, the trustee-manager of Ascendas India Trust (a-iTrust), has agreed to acquire two office buildings in aVance Business Hub 2, a business park located in Hyderabad's HITEC City...
a-iTrust to acquire two buildings in India
ASCENDAS Property Fund Trustee, the trustee-manager of Ascendas India Trust (a-iTrust), has agreed to acquire two office buildings in aVance Business Hub 2, a business park located in Hyderabad's Hi-Tec City...
Real estate game changer
IMAGINE you are looking for office space that can accommodate 500 workstations in the central business district of Paris. Previously you would likely engage a real estate agent who might take you to see 10-20 buildings before you make a decision. A new technology now allows you to shortlist...
Sabana Reit declares 1.2% higher DPU for Q2
SABANA Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit), an industrial landlord, is giving out 1.2 per cent more distribution per unit (DPU) for the second quarter ended June 30 than a year ago at 0.82 Singapore cents...
Sabana Reit declares 1.2% more DPU in Q2
SABANA Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) is giving out 1.2 per cent more distribution per unit (DPU) for the second quarter ended June 30 than a year ago at 0.82 Singapore cent...
Unbound by rules
IT'S a few minutes past the appointed time when Adrian Cheng strides into the Andaz Hotel lobby, nonchalant in a round-neck tee, track pants and sneakers. Caught by surprise, this reporter quickly reminds the Hong Kong businessman - scion of the family behind the world's biggest jewellery...
Privatisation bid for Wheelock could boost other developer stocks
THE Hong Kong-listed parent of Wheelock Properties Singapore has launched a S$600 million offer - at S$2.10 a share - to take the Singapore-listed unit private.
Building trust, the DBS way
TEN years since the onset of the global financial crisis, the global financial system is probably safer, simpler and fairer as a result of regulatory reforms. But global banks and financial institutions still continue to grapple with a trust deficit.
After July spike, developers seek clues in next few months
NEW home sales in June dropped almost half from May - but the numbers will jump back up this month with the last-minute buying frenzy the night before a new round of cooling measures kicked in on July 6.
Singapore developers sold over 40% fewer homes in June than in May
SUBDUED sales in new residential launches in the month of June resulted in over 40 per cent fewer homes being sold by developers than a month ago.
Latest curbs could see developers lower prices up to 10%
DEVELOPERS may trim prices of new launches by as much as 10 per cent from their earlier indications in response to the latest round of property cooling measures, with high-end homes likely to see bigger adjustments, analysts say.
SPH Reit posts flat Q3 DPU of 1.37 cents
RETAIL landlord SPH Reit has declared distribution per unit of 1.37 Singapore cents for the third quarter ended May 31, unchanged from a year ago.
SPH Reit's Q3 DPU held steady at 1.37 cents
RETAIL landlord SPH Reit declared distribution per unit of 1.37 Singapore cents for the third quarter ended May 31, unchanged from a year ago.
HOCK LOCK SIEW
More visibility needed in renewal of land tenure for industrial Reits
THE government's move to shorten industrial land leases has clearly served its purpose well in keeping costs down for end-users. On the other hand, it has been a bane for industrial Reits, which have found limited room for expansion locally and sought out greener pastures overseas in recent...
Oxley sold homes worth S$1b; expects 12-19% net margins for new launches
OXLEY Holdings, one of the most highly-geared developers listed in Singapore, has sold S$1 billion worth of residential units from five project launches here so far this year.
Over 1,000 condo units sold in one night as buyers race the clock
IN JUST one night, over a thousand units were sold in three condominium projects, which were launched in knee-jerk reaction to the announced changes to the additional buyer's stamp duty (ABSD) and loan-to-value (LTV) limits...
No rationale for tough cooling measures: Redas
THE government's latest measures to cool the private residential market drew a sharp response from the Real Estate Developers Association of Singapore (Redas)...
Property curbs: Ahead of the curve but too much?
THE government has deemed it fit to curb the steep rise in private home prices in recent quarters with a surprise tightening of cooling measures on Thursday. The tough measures shocked many and also raised the pertinent question - why use a sledgehammer on a market that may be showing signs of...
Govt raises ABSD, tightens LTV limits to cool Singapore property market
IN a bid to cool the residential property market and prevent prices from running ahead of economic fundamentals, the Singapore government has decided to raise the additional buyer's stamp duty (ABSD) and tighten loan-to-value (LTV) limits on residential property purchases...
Horizon Towers back on collective sale market with S$1.1b reserve price
IN 2009, the S$500 million collective sale bid of Horizon Towers fell apart following a rancorous dispute among the owners, and the Court of Appeal's finding that the sales process was improperly handled. ...
Two small condos launched for collective sale
TWO small condominiums suitable as sites for boutique developments were launched for collective sale on Tuesday, adding to the growing list of sites in the private en bloc market looking for a buyer.
Two more residential sites up for collective sale
TWO more residential sites have been launched for collective sale on Tuesday (July 3), which their marketing agent says are suitable for boutique developers.
New peak in Singapore private home prices expected by the end of 2018
IT TOOK 15 quarters of market corrections to bring private residential prices down by 11.6 per cent in the second quarter of 2017, but it may take only five to six quarters of market recovery to bring prices back up if the current momentum holds.
BreadTalk's JV firm partners Song Fa Holdings to grow in Shenzhen, Guangzhou
BREADTALK Group Limited said on Monday that a new partnership has been forged between its joint venture company BTG-Pindao Venture and Song Fa Holdings to operate and manage the Song Fa brand of restaurants in Shenzhen and Guangzhou.
Singapore private home prices up 3.4% in Q2: URA flash estimates
PRIVATE home prices rose 3.4 per cent in the second quarter, keeping pace with the 3.9 per cent increase in the first quarter, flash estimates from the Urban Redevelopment Authority (URA) shows.