real estate

SINGAPORE (July 23): RHB is downgrading its sector “overweight” on Singapore real estate to “neutral” on expectations of transaction volumes for 2018 to fall by 10% from the 10-15% rise previously, and for prices to stay flattish over 2H18-2019.

SINGAPORE (July 17): DBS Vickers Securities and CGS-CIMB Securities are maintaining their respective “buy” and “add” calls on Keppel REIT (K-REIT) with unchanged price target estimates of $1.41 and $1.34, after the REIT’s 2Q DPU of 1.42 cents ca

SINGAPORE (July 16): Linda Chan, an office administrator, had been considering buying a second property for investment. But those plans are now on hold after the government introduced a new wave of property cooling measures.

SINGAPORE (July 11): DBS Vickers Securities is positive on Frasers Commercial Trust’s (FCOT) recent disposal of its commercial property at 55 Market Street, highlighting the move as one that unlocks value and opportunities for capital recycling.

SINGAPORE (July 10): Frasers Commercial Trust (FCOT) is divesting 55 Market Street, its 16-storey commercial property at Raffles Place, to an unnamed third party for $216.8 million.

SINGAPORE (July 2): OCBC Investment Research is reiterating its “buy” call on Frasers Commercial Trust (FCOT) while lowering its fair value estimate by a cent to $1.53 after incorporating more conservative assumptions for near-term DPU projections.

SINGAPORE (June 27): CapitaLand is acquiring a 100% stake in Chongqing Zhonghua Real Estate for RMB2.2 billion ($459 million) via the group’s wholly-owned subsidiary, Chongqing Kai Tai Industry Development.

SINGAPORE (June 22): Contrary to stereotypes of being paycheck spenders and short-term planners, millennials are the most likely generation in Singapore to be ahead of their peers in property investment in more ways than one.

SINGAPORE (June 18): DBS Vickers Securities is reiterating its “buy” call on APAC Realty with a lower target price of $1.22 compared to $1.32 previously, after accounting for the group’s partial debt financing for its new office building based on DC

SINGAPORE (June 13): CGS-CIMB Research is reiterating its “add” call on developer UOL Group with an unchanged target price of $9.65, which is based on a 20% discount to RNAV.