ARA Asset Management

John Lim-led consortium mulls ARA Asset Management buyout

SINGAPORE (Nov 4): A consortium led by ARA Asset Management’s founder John Lim is said to be considering a buyout of the company, according to people familiar with the situation.

Century Link investment a feather in ARA’s cap

SINGAPORE (Oct 27): ARA Asset Management on Wednesday closed its Harmony VI fund which will be used to invest up to RMB 20 billion ($4.1 billion) in Century Link, a brand new integrated commercial development in Shanghai, in what is being touted as “ARA

Stocks To Watch

OCBC, ARA, Lum Chang, Sheng Siong, CITIC, Tritech, Ntegrator

SINGAPORE (Oct 27): Here are some factors and stocks that could move the market this Thursday morning:

ARA sets up Harmony 6 fund to invest in $4 bil Shanghai development

SINGAPORE (Oct 26): ARA Asset Management has established its ARA Harmony VI fund on Wednesday, to invest in a newly-completed premium grade integrated commercial property, Century Link, worth RMB 20 billion ($4.1 billion).

ARA said to clinch deal to purchase Capital Square office tower stake

SINGAPORE (Sept 15): ARA Asset Management has won the bid for a stake in Capital Square office tower in Singapore's central business district, according to people familiar with the matter.

Broker's Calls

ARA ‘well positioned’ to grow

SINGAPORE (Aug 3): DBS Vickers Securities is keeping its “buy” recommendation on ARA Asset Management with a target price of $1.76 on the back of strong growth in the first half of 2016.

Results

ARA posts 7% rise in half-year net profit to $36.5 mil

SINGAPORE (Aug 2): ARA Asset Management posted a 9% rise in 1H16 earnings ended June to $38.7 million from $35.4 million a year ago.

Fortune REIT posts 6% rise in DPU to 24.78 HK cents on higher revenue

SINGAPORE (July 25): Hong Kong retail real-estate investment trust Fortune REIT posted a distribution per unit of 24.78 HK cents (4.3 cents) for the six months ended 30 June 2016 (1H16), 6% higher from its DPU of 23.38 HK cents in 1H15.  

Broker's Calls

Hunt for yields and safe havens as Brexit could trigger contagion: DBS Vickers

SINGAPORE (June 28): Despite the Brexit’s limited economic impact on Singapore, DBS Vickers is warning of a potential contagion scenario, where the Brexit triggers a chain reaction among other EU nations demanding to hold their own referendums breaking

ARA Asset said to bid for Capital Square tower stake

SINGAPORE (June 22): ARA Asset Management is bidding for a stake in Singapore's Capital Square office tower in the city's central business district, according to people familiar with the matter.
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