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Broker's Calls
One likely developer to benefit from acquisition of Asia Square Tower 2
SINGAPORE (March 27): RHB is raising its target price of CapitaLand by 24 cents to $3.84 if reported talks to acquire Asia Square Tower 2 from Blackrock reaches a successful conclusion.
March 27, 2017
BlackRock said to explore sale of Asia Square Tower 2
(Nov 4): BlackRock Inc., the world’s largest asset manager, is exploring a sale of its second office tower in Singapore’s central business district, people with knowledge of the matter said.
November 04, 2016
India remains BlackRock’s largest ‘overweight’
SINGAPORE (Sept 7): Blackrock says India remains its largest “overweight” in terms of credit while it continues to be “overweight” and “neutral” in Indonesia and China respectively.
September 07, 2016
Broker's Calls
Maybank keeps Singapore office REITs at ‘neutral’, remains cautious over falling rents
SINGAPORE (June 23): Maybank is maintaining its “neutral” stance on Singapore’s office REITs with continued concerns over falling rents.
June 23, 2016
Brexit or Bremain, BlackRock expects ‘far-reaching market implications’
SINGAPORE (June 8): Stay, or go? That is the question on the lips of billions around the world on the topic of Brexit – especially with the UK’s June 23 European Union (EU) referendum looming in the weeks ahead, which will determine whether Britain wi
June 08, 2016
BlackRock to sell Asia Square Tower 1 for $3.4 bil
SINGAPORE (June 6): Qatar’s sovereign wealth fund, Qatar Investment Authority (QIA), has agreed to purchase the Asia Square Tower 1 office building from global investment management firm BlackRock for a sum of $3.4 billion.
June 06, 2016