SINGAPORE sovereign wealth fund GIC has made two investments - a 465 million euros (S$741.1 million) Paris office building and a significant minority stake in a Denmark-based company for an undisclosed amount - it announced in separate statements on Tuesday morning.
JLL has appointed valuations heavyweight Lim Khee Boon as senior director for its institutional cross-border valuations for South-east Asia, as the consultancy seeks to win more cross-border portfolio valuation work across Asia.
LOWER contributions from several properties took a toll on office landlord Keppel Reit in its third quarter.
AFTER selling 7,220 private homes in the first nine months, developers are gearing up for a final burst of launch activity before taking the traditional year-end breather.
LOWER contributions from several properties took a toll on results for office landlord Keppel Reit in its third quarter.
JLL has appointed valuations heavyweight Lim Khee Boon as senior director for its institutional cross-border valuations for South-east Asia, as the consultancy seeks to win more cross-border portfilio valuation work across Asia.
BUYERS returned to the market for new private homes, after the immediate hit from the latest cooling measures and with new projects launched after the Hungry Ghost month.
WHEN it comes to big data, Singapore is going large. More companies are looking to lease existing buildings for data storage, and some tech companies are building their own facilities. With the announcement from Google and Facebook that they are setting up data centres here, this burgeoning new sector has been thrust into the limelight.
NEW reporting standards torpedoed SLB Development's first-quarter earnings, as it must now recognise project contributions progressively.
MAINBOARD-LISTED construction player Lian Beng Group saw smaller profits in the first quarter, as new accounting standards ate into its share of profits from a Catalist-listed spin-off.
CACHE Logistics Trust is selling off a dangerous goods warehouse in Shanghai, the manager said on Friday.
CATALIST-LISTED SLB Development sank into the red in the first quarter on restated numbers after the adoption of new reporting standards, according to unaudited results released on Friday.
IN what is believed to be the biggest transaction in absolute price terms in a Good Class Bungalow (GCB) Area, a two-storey bungalow in Nassim Road near the Botanic Gardens was transacted earlier this year for S$105.3 million.
SPH Reit declared a distribution per unit (DPU) of 1.43 Singapore cents for the fourth quarter ended Aug 31, 2018, 0.7 per cent higher from 1.42 Singapore cents a year ago.<br/><br/>Net property income fell 1.9 per cent to S$40.98 million as property operating expense rose at a faster pace than gross revenue. Gross revenue edged up 0.2 per cent to S$52.96 million on the back of higher rental income from The Clementi Mall and two months’ contribution from The Rail Mall, which was acquired in June this year.
THE sluggish rental market for both private and HDB properties is showing no signs of improving, going by flash data from real estate portal SRX on Wednesday.