real estate

SINGAPORE (April 3): Following recent years of relatively stagnant performance, tourism arrivals in Singapore are expected to finally see an uptick on the back of a surge in intra-regional tourism, according to a new report from Colliers International, th

SINGAPORE (March 27): Real estate developer TEE Land has reported a 95.1% decline in 3Q17 earnings to $0.66 million from $1.34 million a year ago on higher cost of sales and lower margins.

SINGAPORE (March 23): DBS Vickers Securities is positive on Vibrant Group’s recent asset sale transaction, but thinks the logistics firm still lacks the cash to perform the redemption of its upcoming bond maturities.

SINGAPORE (March 20): NRA Capital is remaining “overweight” on Regal International Group and giving the stock a fair value estimate of 30 cents, following the group’s recent announcement of its 4Q16 results.

SINGAPORE (March 17): Shanghai Richmont Equity Investment Management (Richmont Capital), the wholly-owned fund management subsidiary of property developer CWG International, will be launching a US$20 million ($28 million) overseas property fund to invest

SINGAPORE (March 14): UOB Kay Hian is starting coverage of Hatten Land with a “buy” call and a target price of 43 cents.

SINGAPORE (March 3): Alvin Cheng, deputy CEO of EC World REIT’s manager, thinks the trust is not garnering the market valuations it deserves as it is being compared to other traditional REITs.

SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.1 million sq ft of office assets in the Washington DC metro, with a total of more than $1.05 billion in aggrega

SINGAPORE (Feb 16): UOB Kay Hian and OCBC Investment Research are maintaining their “buy” calls on CapitaLand with a target price and fair value of $4.05 and $3.68 respectively.

SHANGHAI (Feb 14): Steelmakers aren’t out of the woods yet. A year-long resurgence risks cooling as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a U.S.-based hedge fund manager and former Citigr