real estate

SINGAPORE (Mar 5): Phillip Capital is maintaining its “buy” call on Dasin Retail Trust with a 98 cent price target after FY17 revenue and net property income (NPI) came in line with its forecasts.

SINGAPORE (Feb 23): The manager of BHG Retail REIT has declared a 4Q distribution per unit (DPU) of 1.32 cents, up 0.8% from its DPU of 1.31 cents in 4Q16.

SINGAPORE (Feb 23): United Industrial Corporation (UIC) reported earnings of $301 million for FY17, up 5% from $286 million in FY16 on higher revenue and share of joint ventures’ results.

SINGAPORE (Feb 23): Real estate services provider APAC Realty announced earnings of $7.9 million for the 4Q ended Dec 2017, up 59.7% from $4.9 million on higher revenue driven by increased real estate brokerage fees and related services.

SINGAPORE (Feb 20): RHB Research is upbeat on Singapore’s growth outlook and expects a positive “post-Budget” market reaction with a preference for exposure to the consumer, real estate, REITs and banking sectors.

SINGAPORE (Feb 2): CIMB Research is maintaining its “add” call on GuocoLand while raising its target price to $2.88 from $2.82 previously, after tweaking RNAV projections post the property developer’s 2Q18 financial results.

SINGAPORE (Jan 29): Singapore saw its outbound real estate investments soar 40% on-year to a record high of US$28.4 billion ($37.2 billion) in 2017 – upending the US$27.6 billion achieved in 2015 to emerge as the fifth largest real estate investor gl

SINGAPORE (Jan 25): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) on Thursday announced the appointment of Donald Han and Tan Cheong Hin as its new CEO and a new independent director, respectively.

SINGAPORE (Jan 23): KSH Holdings and KAP Holdings (China), an Oxley, Heeton and Lian Beng JV, are investing RMB145 million ($29.8 million) in the developer of a property project in Gaobeidian in Hebei province in China.

SINGAPORE (Jan 18): CIMB is reiterating its “hold” call on First REIT with a higher target price of $1.44 from $1.39 previously after its manager declared a FY17 distribution per unit (DPU) of 8.47 cents, in line with the research house’s expectatio