Property
Directors add to interests in property stocks
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Sep 13 to 19, with S$367 million of net institutional inflow, bringing total net inflows from...
Win-win investment property deals exist, but lower interest rates raise risk of bad deals
While the CLI-CICT Ion Orchard deal arguably benefits both parties, investors should be wary of Reit managers bingeing on acquisitionsSometimes, win-win deals do not exist. In trading a pair...
GIC divests Hilton hotel property in Fukuoka, Japan
The property has 1,052 guest rooms and is situated next to the Mizuho PayPay DomeGIC has divested its hotel property in Fukuoka, Japan, the sovereign wealth fund confirmed on...
UK property portal Rightmove rejects £5.6 billion takeover offer from Murdoch’s REA Group
NEWS Corp-backed property listing company REA Group said on Wednesday that Britain’s largest property portal Rightmove rejected its £5.6 billion (S$9.5 billion) buyout proposal.Rupert Murchoch-owned REA did not cite...
Property website Rightmove rejects £5.6 billion Murdoch bid
UK ONLINE property website Rightmove said on Wednesday (Sep 11) that it had rejected a multi-billion-pound takeover proposal from Australian peer REA Group, majority owned by Rupert Murdoch’s News...
Shares of Australian pub landlord Hotel Property jumps after rebuffing of buyout offer
There is no reason for an immediate sale due to its sound financial position and defensive revenue backed by long leases, an analyst says AUSTRALIAN pub landlord Hotel Property...
Iron ore tumbles back below US$100 as China property woes deepen
THE price of iron ore fell back below US$100 a tonne to snuff out a rebound, as pessimisim over China’s economic prospects weighed on industrial commodities.The steelmaking material rose...
