Chinatown Point Mall

Broker's Calls

Perennial's latest divestment could signal more to come, says DBS

SINGAPORE (April 24): DBS Vickers Securities is maintaining its “buy” rating on Perennial Real Estate Holdings (PREH) with an unchanged target price of 83 cents as it continues to expect near-term earnings to be driven by further divestment or fair va
Perennial-led consortium to fully divest stake in Chinatown Point Mall for $520 mil; expects 2Q to turn profitable

Property

Perennial-led consortium to fully divest stake in Chinatown Point Mall for $520 mil; expects 2Q to turn profitable

SINGAPORE (Apr 22): Perennial Real Estate Holdings, together with its consortium of investors, is fully divesting its 100% stake in entities that own the retail mall and four strata office units in Chinatown Point, for a consideration of $225 million.

Property

CBD property market heating up despite gloomy outlook

SINGAPORE (Nov 29): The Singapore Central Business District has just seen its fourth major office transaction in 2016, after CLSA Capital Partners acquired 77 Robinson Road for $531 million. The sale of One George Street is also said to be under negotiati

SPH raises stake in Chinatown Point Mall to 27.35%

SINGAPORE (Nov 28): Singapore Press Holdings is increasing its stake in Chinatown Point Mall located along New Bridge Road which has a retail mall and four strata office units
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