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Property Investment
Fintech
ARA ventures into Fintech with Minterest acquisition
ARA and Minterest will launch their first real estate secured mezzanine debt financing product on 15 May in a co-investment with Straits Real Estate.
May 05, 2020
Broker's Calls
Pollux to enjoy greater income stability from recurring income of serviced apartments, rentals
SINGAPORE (July 10): Pollux Properties, the premier luxury property developer, holds several investment properties following its acquisition of Pollux Alpha Investments in Nov 2017.
July 10, 2018
Property
Pollux Properties to undertake $145 mil new share issuance to acquire PAI Group
SINGAPORE (Aug 8): Pollux Properties has agreed to purchase British Virgin Islands (BVI) incorporated property investment company, Pollux Alpha Investments (PAI) Group, from its parent company Pollux Holdings for a total consideration sum of $201 million.
August 08, 2017
Australia's property market is cooling down
(August 4): One of the key engines of Australia’s five-year housing boom is losing steam.
August 04, 2017
Property
Fragrance Group sets up Australian subsidiary to acquire Tasmania property
SINGAPORE (May 18): Property developer Fragrance Group has entered into a contract to acquire a property with a combined land area of approximate 4,868 sq m in Hobart, Tasmania, Australia, for an undisclosed consideration sum.
May 18, 2017
Results
Roxy-Pacific posts 39% fall in 3Q earnings to $8.1 mil
SINGAPORE (Oct 28): Roxy-Pacific saw 3Q earnings tumble 39% to $8.1 million from a year ago as cost of sales outstripped revenue growth.
October 28, 2016