office

SINGAPORE (Jan 8): Credit Suisse is recommending Singapore investors stick with a portfolio of quality, high-yield stocks and stocks with low embedded expectations to ride out any volatility in 2019 while positioning for a market recovery.

SINGAPORE (Jan 8): OCBC Bank is expecting Singapore office REITs to strengthen further in the near-term this year – and possibly, in the process, demand higher rents to bring about positive rental reversion.

SINGAPORE (Dec 11): DBS Group Research is maintaining its “buy” on Starhill Global REIT (SG REIT) with an unchanged target price of 75 cents, which reflects more conservative discount rate assumptions due to a less-optimistic outlook of the trust’s

SINGAPORE (Oct 2): CapitaLand has, through its subsidiary CL Kingdom Investment (CKI), subscribed for a 50% stake in The Work Project Kingdom (TWPK) for $13.5 million, with the intention of extending shareholder loans through CKI to TWPK.

SINGAPORE (July 26): CGS-CIMB Research and DBS Vickers Securities are maintaining their “add” and “buy” calls with the respective price targets of $2.08 and $2.30, after the REIT manager on Wednesday posted a 2Q DPU of 2.47 cents which came in lin

SINGAPORE (May 4): Roxy-Pacific Holdings says its 50%-owned subsidiary, Feature-Roxy, has entered into a non-binding agreement sell its freehold property at 117 Clarence Street, Sydney, Australia, for A$153 million ($153.4 million).

SINGAPORE (Apr 16): RHB is maintaining its “buy” on Manulife US REIT but raising its target to US$1 from 98 US cents to factor in 1-2% higher FY18-20 DPU forecasts on contributions from its latest acquisitions.

SINGAPORE (Apr 13): Manulife US REIT is acquiring two office properties – namely 1750 Pennsylvania Avenue (Penn) in Washington DC and Phipps Tower (Phipps) in Buckhead, Atlanta – from its sponsor’s indirectly wholly-owned subsidiary, John Hancock L

SINGAPORE (Apr 5): OCBC Investment Research is upgrading Frasers Commercial Trust (FCOT) to “buy” from “hold” with an unchanged fair value of $1.51 on expectations of an impending recovery of Grade B CBD Core office rental rates.

SINGAPORE (Oct 17): Singapore Exchange (SGX) today announced the official launch and office opening of SGX America in Chicago, US.