Real Estate

China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
April 28, 2025
Published Mon, Apr 28, 2025 · 08:32 PM[BENGALURU] China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish...
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents 
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents 
April 28, 2025
[SINGAPORE] The distribution per unit (DPU) of Stoneweg European Real Estate Investment Trust (SERT) declined 3.7 per cent to 3.374 euro cents for the first quarter ended Mar 31,...
LMIRT Q1 net property income dips 2.4% to S.2 million
LMIRT Q1 net property income dips 2.4% to S$29.2 million
April 28, 2025
[SINGAPORE] Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for the first quarter ended...
Singapore stocks close lower on Monday; STI falls 0.3%
Singapore stocks close lower on Monday; STI falls 0.3%
April 28, 2025
The biggest decliner on the index is UOB, and the top gainer is Yangzijiang Shipbuilding[SINGAPORE] Shares on the Singapore market ended lower on Monday (Apr 28), after the city-state’s...
Latest NZ.80-per-share offer by CDL unit still ‘too low and inadequate’: M&C New Zealand
Latest NZ$2.80-per-share offer by CDL unit still ‘too low and inadequate’: M&C New Zealand
April 28, 2025
[SINGAPORE] The independent directors of Millennium & Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase of CDL Hotels Holdings New Zealand’s (CDLHH...
US shoppers pay for Trump tariffs on Temu, doubling some prices
US shoppers pay for Trump tariffs on Temu, doubling some prices
April 28, 2025
Published Mon, Apr 28, 2025 · 04:12 PM[BEIJING] Discount Chinese retail app Temu appears to be passing on nearly all of US President Donald Trump’s new import taxes to...
Hwa Hong, Wing Tai, Teo family consortium launches bid to take Amara private at Salt=
Hwa Hong, Wing Tai, Teo family consortium launches bid to take Amara private at S$0.895 a share
April 28, 2025
[SINGAPORE] Amara on Monday (Apr 28) received a voluntary conditional general offer at S$0.895 per share from a consortium led by property company Hwa Hong, which was formerly listed...
Singapore election 2025: Losing three, four ministers would weaken both the government and Singapore, says PM Wong at the Fullerton rally
Singapore election 2025: Losing three, four ministers would weaken both the government and Singapore, says PM Wong at the Fullerton rally
April 28, 2025
[SINGAPORE] Losing three or four ministers would weaken both the government and the country, at an already challenging time, said Prime Minister Lawrence Wong on Monday (Apr 28).A vote...
Airbus to take over Spirit asset as part of Boeing reintegration
Airbus to take over Spirit asset as part of Boeing reintegration
April 28, 2025
[LONDON] Airbus reached a final agreement to take over some assets and sites from Spirit AeroSystems Holdings, clearing the way for the struggling US aerospace supplier to be acquired...
If OCBC wants to keep Chulia Street properties, it should partner a property group to redevelop them
If OCBC wants to keep Chulia Street properties, it should partner a property group to redevelop them
April 28, 2025
IN this column on Mar 31, I advocated that OCBC should sell its Chulia and Church Street properties so that the assets can be redeveloped to create a new...