Commercial Property
CityDev in a sweet spot to capitalize on market turbulence, say analysts
CityDev in a sweet spot to capitalize on market turbulence, say analysts
Five years of active diversification is paying off.
UOL’s net profit slumps 43% to $391.4m as hefty one-off gains vanish
Lower fair value gains also had an impact.
Chart of the Day: Property investment sales feared to slow as demand wanes
But bargains will arise as prices drop.
Banyan Tree posts worst loss in its history with $28.5m loss in FY15
Due to doubtful debts provisions, absent fair value gains.
Ho Bee’s earnings tumble 23% to $242.2m in FY15
Fair value gains were disappointing.
CityDev’s net profit rises by 6.6% to record $410.5m in Q4
Its prime office assets delivered huge gains.
Daily Briefing: Office rents down 1.4% in Q4; HDB launches 4,170 new flats
And which HDB type can you buy from your monthly wage?
Roxy-Pacific’s net profit falls 12% to $85.2m in FY15
Blame it on absent profit recognition from a sale.
OKP’s net profit skyrockets 175.7% to $7m in FY15
It bagged seven public sector projects during the year.
OUE hikes stake in OUE C-REIT with $166m cash injection
Its stake will rise to 65%.
LMIRT’s FY15 distributable income surges 25.8% to $85.56
Thanks to positive rental reversions.
Are co-working spaces becoming the ultimate Singapore work setting?
Over 7 in 10 workers say it’s perfect for start-ups.
Centurion’s net profit down 69% to $34m in FY14
Due to the absence of a one-off gain.
Tiong Seng back in the black with $14.75m in FY15 profits
Boosted by property development, construction segments.
Ascott widens China footprint as it partners with the country’s largest construction firm
The country is also Ascott’s largest market.
Capitaland cuts the ribbon on landmark integrated development project in Orchard Road
It will feature Singapore’s largest hanging garden.
Alastair Hughes to step down as JLL Asia Pacific CEO
Anthony Couse will succeed him.
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