APAC Realty

SINGAPORE (Feb 12): APAC Realty, the real estate agency, is deepening its South-East Asian presence with the acquisition of the ERA master franchise operations for Indonesia and Thailand.

SINGAPORE (Feb 11): APAC Realty said it is making headway in its Southeast Asia expansion plans.

SINGAPORE (Nov 13): RHB Research is maintaining APAC Realty at “buy” given its slight 3Q beat, stock selldown after the latest round of cooling measures in July and healthy demand shown at recent launches.

SINGAPORE (Nov 12): Real estate services provider APAC Realty saw its earnings grow 18.8% to $6.5 million for the 3Q18 ended September, from $5.5 million a year ago, o the back of higher revenue.

SINGAPORE (Aug 31): RHB Research is keeping its “buy” call on APAC Realty with an unchanged target price of 77 cents, on the back of the entry of the real estate services firm into China.

SINGAPORE (Aug 29): Mainboard-listed APAC Realty is dipping its toes into the brokerage and resale markets in Hainan, China, unfettered by the province’s latest property cooling measures.

SINGAPORE (Aug 8): DBS Group Research has upgraded real estate services provider APAC Realty to “hold” from “fully valued”, but lowered its target price by 6% to 62 cents.

SINGAPORE (Aug 7): Real estate services provider APAC Realty, which owns ERA Realty Network, saw its earnings fall 9.3% to $7.7 million for the 2Q18 ended June, from $8.5 million a year ago.

SINGAPORE (July 23): RHB is downgrading its sector “overweight” on Singapore real estate to “neutral” on expectations of transaction volumes for 2018 to fall by 10% from the 10-15% rise previously, and for prices to stay flattish over 2H18-2019.

SINGAPORE (July 13): RHB is maintaining its “buy” call on APAC Realty, but with a lower target price of 77 cents from $1.35 previously.