Commercial Property
Singapore's land sales value hits six-year high at $13b
Singapore's land sales value hits six-year high at $13b
Total value of sold residential projects alone hit $6.34b, the highest in 10 years.
Chart of the Day: 15 mortgagee residential properties sold in Q3
Sales value rose 166.8% to $31.9m amidst improving sentiments.
CDL profits fall 8.3% to $156.1m in Q3
Blame lower contributions from its property development segment.
Global Logistic Properties profits up 33.6% to US$231.26m in Q3
Thanks to higher revenue from projects and financial services in China.
Yanlord buys 80% stake in developer Chongzhou Yanlord Land
The acquisition was priced $65.74m.
Mortgagee sales reach record highs in Q3
Sales value of sold mortgagee auctioned units spiked 743.7% YoY in Q3.
UOL profits surge to $618.06m in Q3
Gains from the acquisition of 60 million UIC shares boosted earnings.
Frasers Centrepoint Limited's profits are up by 15% YoY to $689.1m in FY17.
Contributions from international markets propped up its performance.
Parkway Life REIT NPI down 1.2% to $25.9m in Q3
The weakened Japanese Yen exchange rate weighed down on its quarterly performance.
Suntec REIT issues convertible bonds worth $300m
The bonds have a $50m upsize option.
Perennial Real Estate Holdings' profits surge to $73m for the first nine months of 2017
Its acquisition of a stake in United Engineers led the boost in earnings.
Chart of the Day: Collective deals drive investment sales in Q3
Residential investment sales comprised 36% of total investment sales.
Oxley Holdings Limited acquires two freehold sites in Cyprus
The properties were purchased at $13m (EUR8.4m).
CapitaLand's profit up 28.1% to $317m in Q3
Its serviced residence components performed well.
Leong Chin Yee steps down as CapitaLand Commercial Trust Management's CEO
She assumes a new role as CapitaLand Commercial’s CEO.
Tuas South Link 3 industrial site sold for $2.51m
A construction firm's bid won against five others.
Yoma Strategic raises $82.2m in placement exercise
About 50-60% will be invested in its real estate businesses.
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