CITY Developments Ltd (CDL) is exploring the possibility of floating a real estate investment trust (Reit) on the Singapore bourse holding UK commercial properties. This could happen as early as this year.
RELIEF measures for retailers from the government and landlords are very thoughtful, but do not address the structural issues of e-commerce, high occupancy costs and manpower shortage that continue to plague the retail sector.
TENANTS at 14 malls across Singapore will receive support from Frasers Property Retail (FPR) to tide them over the impact of the novel coronavirus outbreak on their business.
CAPITALAND posted sparkling fourth-quarter results on Wednesday, with net profit almost doubling to S$926.6 million for the three months ended Dec 31 from S$475.7 million previously.
CUSTOMERS are once again going shopping, with foot traffic - especially in the suburban malls - almost back to normal, said Lee Chee Koon, CapitaLand group chief executive on Wednesday.
OXLEY Holdings' subsidiary, Oxley Gem (Cambodia) Co, is planning to seek compensation from its former contractor Sino Great Wall International Engineering Co (SGW) for damages suffered after repeated breaches of its contract.
THE Covid-19 outbreak has impacted co-working operators in different ways, with one having closed temporarily while others have suspended community events.
SINGAPORE Press Holdings (SPH) is acquiring six aged care assets in Canada for some C$232.9 million (S$244.5 million), the media and property group said on Wednesday. This is the group's second investment in the aged care space announced this week.
TENANTS at 14 malls across Singapore will receive support from Frasers Property Retail (FPR) to tide over the business impact of the novel coronavirus outbreak.
BHG Retail Reit's fourth-quarter distribution per unit (DPU) fell 14.7 per cent to 0.93 Singapore cents, from 1.09 cents a year ago.
CUSTOMERS are once again going shopping with foot traffic especially in the suburban malls almost back to normal, said Lee Chee Koon, CapitaLand group chief executive on Wednesday.
PROPERTY giant CapitaLand on Wednesday announced a pay cut for board members and senior management, as "a show of togetherness and solidarity" with stakeholders amid the virus outbreak.
MAINBOARD-LISTED Fragrance Group posted a 70.1 per cent drop in net profit to S$79.9 million for the full year ended Dec 31, 2019, from S$267.2 million a year ago.
SINGAPORE Press Holdings (SPH) is acquiring six aged care assets in Canada for C$232.9 million (S$244.5 million), as part of its strategy to acquire cash-yielding assets in defensive sectors, the media and property group announced on Wednesday.
PROPERTY giant CapitaLand's net profit almost doubled to S$926.6 million for its fourth quarter ended Dec 31, 2019, from S$475.7 million a year ago.