Property Investments

(Jan 4): Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in more money from its insurance operations in the region.

SINGAPORE (Oct 12): Construction firm and property developer Lian Beng Group reported earnings of $8.9 million for the 1Q18, down 29.4% from $12.7 million in 1Q17 due to lower profits from its construction segment.

SINGAPORE (Aug 4): Property group OUE swung back into the black with 2Q earnings of $25.7 million from a loss of $16.3 million a year ago.