Pavillon buys JB commercial complex for S$16.7m
Pavillon Holdings is acquiring units in a commercial complex and land in JB for investment purposes.
ICP acquires Geo Hotel property and business in KL for S$27.5m
The proposed acquisition will enable the group to expand its Travelodge hotels in Asia from four hotels in Hong Kong and Thailand.
CapitaLand 2Q earnings double to S$579.3 mil on better operating performance
CapitaLand says the bottomline was lifted by better operating performance, higher revaluation gains from investment properties in Singapore and China...
Singapore residential prices to head higher in the next two years, says DBS
DBS also expects developers to pump more capital into the local property market which is ending a period of oversupply amid a stable environment.
Ascott acquires 80% stake in US accommodation provider Synergy Global Housing
The net asset value of the stake was valued at US$4.7 million (S$6.4 million or RM20.13) as at June 30.
Regal International to acquire Sarawak land for residential cum retail development
Regal International's Malaysian subsidiary Temasek Regal Capital signed a conditional sale and purchase agreement to acquire Wisma Majuniaga for RM11.5 million (S$3.7 million) from Twin Revenue.
Offer premium for Global Logistic Properties in line with past privatisations: UOB
The potential GLP delisting will benefit other indexed property stocks with CapitaLand as a key beneficiary as fund managers seek alternatives to allocate property funds.
Ascott on track to exceed 80,000 units in global portfolio by 2020
CapitaLand recently announced its serviced residence segment, The Ascott, will acquire for A$180 million (RM588 million) an additional 60% stake in Quest Apartment Hotels.
Singapore's Wee Hur to expand student housing footprint in Australia
Developer Wee Hur has set up a trust to fund to build 5,000 student accommodation beds in Australia’s major cities, starting with Brisbane and Adelaide.
Robust showing for CapitaLand in China
“CapitaLand China properties have strong recurrent income generation with good longer-term visibility, in our view,” says CIMB.
