Property
Couple sues ERA, agent and law firm for S$731,212 over alleged misrepresentation in ‘99-1’ property deal
Claimants seeking to recover additional tax and surcharge imposed for illegal stamp duty avoidance on their condominium purchase
Sert invests 50 million euros in data centre development fund AiOnX
The investment is done via a mandatory convertible loan, carrying a 7.25% annual cash coupon
Soon Hock buys industrial property Kewalram House for S$120.5 million
The purchase price for the Business 1-zoned site translates to about S$440 psf ppr
US mortgage rates highest in 3 months as war weighs on housing market
It rises to 6.22%, adding hundreds of dollars annually to loan payments
Analysts in favour of IJM investors accepting Sunway’s offer, even as adviser says reject
The independent adviser values IJM at RM5.48 to RM6.48 a share, above Sunway’s RM3.15 offer
Sert buys logistics property in the Netherlands for 35 million euros
It is the stapled group’s first property acquisition since 2022
From plastics to property, Malaysia’s Mah Sing builds its business empire on ‘trust capital’
As Mah Sing grows beyond its founder-led roots, Lionel Leong and his sisters are focused on raising standards
New Zealand home prices rise in February, sales steady
Major regions including Auckland, recorded their strongest February sales levels in about five years
Malaysia’s IJM board recommends rejection of Sunway’s ‘not fair and not reasonable’ takeover offer
Independent adviser M&A Securities says the offer price represents a 46.1-51.4% discount to IJM shares’ estimated value
Frasers Hospitality to spend S$140 million on refurbishing four assets in gateway cities
This will add more keys to the hotels and improve operational efficiency