Property
Industrial Reits maintain resilience despite slowdown in industrial property market
IN JTC’s latest market report for the second quarter of 2024, it noted that industrial rents rose 1 per cent quarter on quarter, recording the slowest rate of increase...
Property groups should sell low-yielding investment properties, go slow in raising debt
ACCESS to debt appears fine for Singapore-listed property groups. Frasers Property announced in July that it had secured a sustainability-linked loan amounting to around S$904 million, comprising an Australian...
Some eurozone banks too optimistic in valuing commercial property, ECB finds
SOME of the eurozone’s top banks may be inflating the value of commercial real estate, potentially masking a deterioration of loans to a sector struggling with a sharp downturn,...
Stocks to watch: DBS, SGX, Frasers Property, Sasseur Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Aug 8):
Frasers Property sees challenging operating environment for its business in Thailand
FRASERS Property said that it is managing its residential business in Thailand with “agility amid a challenging operating environment”, in a business update on Wednesday (Aug 7) for the...
Parkway Life Reit acquires Osaka nursing home property for 2.4 billion yen
Parkway Life Real Estate Investment Trust (Reit) is acquiring a nursing home property in Osaka, Japan, for 2.4 billion yen (S$20.7 million), its manager said on Tuesday (Jul 30). The...
CDL Hospitality Trusts H1 net property income up 5.9% at S$66.5 million
CDL Hospitality Trusts’ (CDLHT) net property income (NPI) for the first half ended Jun 30, 2024, rose 5.9 per cent to S$66.5 million, from S$62.9 million in the year-ago...
