IN tandem with the improving Singapore private housing market, the government has upped development charge (DC) rates for the landed and non-landed residential use groups for the half-year period starting March 1.
THE Singapore government has cut the development charge (DC) rates for the commercial use group by an average of 1.5 per cent for the period March 1, 2021 to Aug 31, 2021.
INVESTOR watchdog Securities Investors Association (Singapore), or Sias, has called for GL's offeror to " seriously reconsider" improving the offer price to reflect the true value of GL.
SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted an 18.8 per cent rise in its distribution per unit (DPU) to 1.935 Singapore cents for the fourth quarter ended Dec 31, 2020, from 1.629 cents a year ago.
CITY Developments Limited (CDL) is focusing on a new chapter of growth and transformation, having booked substantial impairment losses on Sincere Property Group, hotels and investment properties.
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has raised 100 million euros (S$160.5 million) from a private placement of 232.6 million new units, its manager said on Thursday.
Singapore’s iconic shopping belt Orchard Road has always been a popular haunt among tourists. As such, the vacancy rate has generally risen when tourism spend takes a hit.
JTC on Tuesday launched one site for application under the first half of the 2021 industrial government land sales (IGLS) programme, announced the government agency on Wednesday.
THE manager of Cromwell European Real Estate Investment Trust (Cromwell E-Reit) on Wednesday proposed a private placement of between 200 million and 209.3 million new units, at an issue price of 43 to 45 euro cents per new unit, to raise at least 90 million euros (S$144.3 million) in gross proceeds.
ARA US Hospitality Trust (ARA H-Trust) posted a net property loss of US$3 million and no distributable income for the second half ended Dec 31, 2020, after taking fixed costs into consideration.
REAL estate agency PropNex reported a fall in net profit to S$7.5 million for the fourth quarter of FY2020, 8.9 per cent lower from S$8.2 million for the same period a year ago.
CAPITALAND has sunk into the red with a net loss of S$1.67 billion for the second half ended Dec 31, 2020, from a net profit of S$1.26 billion a year ago.
FRASERS Property's latest rights issue will provide much needed cash to the listed entity, but its value to shareholders, existing and potential, is questionable.
EC World Reit's (ECW) distribution per unit (DPU) for the fourth quarter ended Dec 31, 2020 fell 5.5 per cent to 1.427 Singapore cents, from 1.51 cents a year ago.