CapitaLand Commercial Trust (CCT)

(Oct 12): Mainland Chinese company LVGEM (China) Real Estate Investment will purchase a building from Wheelock & Co. for HK$9 billion ($1.56 billion), setting a record price per square foot for a commercial building in Hong Kong’s Kwun Tong area.

SINGAPORE (Oct 5): UBS says Singapore real estate investment trusts (SREITs) are expected to see DPU growth of 1.0% per annum from 2016 through to 2019, even as they go on the acquisition trail.

SINGAPORE (Sept 29): It seems like only yesterday that property developers were complaining about punitive property cooling measures and struggling to get unsold units off their books.

SINGAPORE (Sept 28): Singapore’s economy is on the road to recovery, led by improvements in the tech-related manufacturing industry, according to Maybank Kim Eng Research.

SINGAPORE (Sept 26): OCBC Investment Research is keeping its “hold” recommendation on CapitaLand Commercial Trust (CCT) with a lower fair value estimate of $1.65 from $1.69 previously.

SINGAPORE (Sept 25): Maybank Kim Eng expects a busy month ahead for the local property market.

SINGAPORE (Sept 22): CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 in Marina Bay from US asset management firm BlackRock for $2.09 billion, or $2,689 psf.

SINGAPORE (Sept 21): CapitaLand Commercial Trust is buying Asia Square Tower 2 from American asset manager BlackRock Inc for a total of $2.15 billion.

SINGAPORE (Aug 18): One way to play the synchronised global recovery — assuming it is not derailed by a nuclear or trade war — is through office real estate investment trusts (REITs), be they US- or Singapore-focused.

SINGAPORE (Aug 17): UOB Kay Hian has upgraded its FTSE Straits Times Index (FSSTI) target forecasts up to 3,410 from 3,250 previously on “pockets of solid outperformances”  in the 2Q17 financial reporting season, which concluded this week.