STANDARD & Poor's (S&P) could raise its rating on real estate developer PT Lippo Karawaci by “one or two notches” on expected improvement in liquidity after the company completes a...

INDONESIAN real estate developer Lippo Karawaci (LPKR) has secured US$1.01 billion in funding via a rights issue and asset divestments which will be used partly to pare debt, while putting in...

OCBC Investment Research has downgraded First Reit from "hold" to "sell" as valuations are still not compelling, and concerns over the Reit's (real estate investment trust...

AN investigation into troubled Indonesian property developer PT Lippo Karawaci, controlled by South-east Asia's billionaire Riady family, is reverberating in the Singapore bond market....

HOT STOCK

FIRST Reit suffered one of the steepest selloffs for a real estate investment trust in recent memory, plunging 16 per cent in just three days, to end at S$0.975 on Tuesday. It was the healthcare...

CGS-CIMB has upgraded First Real Estate Investment Trust (First Reit) to "add" as fiscal 2018 yield hits 7.5 per cent, the highest level since 2016 following its share price decline in...

HOCK LOCK SIEW

THE recent lateral shift in the ownership of First Reit's manager, Bowsprit Capital, from Lippo Karawaci to OUE and OUE Lippo Healthcare (OUELH) may benefit the buyers more than the vendor....