Ho Bee Land

SINGAPORE (Aug 24): Ho Bee Land has been diversifying away from Singapore and into Europe, China and Australia. In June, the property group made its latest acquisition, paying $1.16 billion for Ropemaker Place in London.

SINGAPORE (Aug 12): Ho Bee Land saw its earnings jump to $71.5 million for the 2Q ended June, nearly doubling from earnings of $36.1 million a year ago.

SINGAPORE (June 22): Maybank KimEng is raising Ho Bee Land’s FY18-20 EPS by 7-22% after incorporating the developer’s recent acquisition of Ropemaker Place in the UK.

SINGAPORE (June 20): Maybank Kim Eng is remaining positive on Singapore’s property sector on expectations of the recent home-price rally to continue, with buying opportunities arising from the current share price weakness among developers.

SINGAPORE (June 17): Property group Ho Bee Land's total investment in London properties has risen to $2.4 billion, thanks to its latest acquisition -- Ropemaker Place.

SINGAPORE (Apr 30): Phillip Securities is staying positive with Ho Bee Land given the property group is planning to relaunch its Sentosa properties with a total 151 unsold units at the Turqoise and Seascape expected to be put on sale this year.

SINGAPORE (Apr 26): Property group Ho Bee Land reported a 12.3% fall in 1Q earnings ended March to $49.4 million, or 7.42 cents per share, from a year ago, due primarily to the gain of $7.4 million on the sale of an investment property in London in 1Q17.

SINGAPORE (Mar 26): Ho Bee Land, which has property investments and developments in Australia, China and the United Kingdom, is investing up to EUR 90 million ($146.3 million) in cash to diversify geographically and to optimise returns on its available f

SINGAPORE (Mar 5): Phillip Capital is maintaining its “accumulate” call on Ho Bee Land with a target price of $2.98.

SINGAPORE (Mar 2): Maybank Kim Eng is maintaining Ho Bee Land at "buy" as the developer trades at an undemanding 47% RNAV discount.