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SPH REIT posts unchanged 1Q19 DPU of 1.34 cents
SINGAPORE (Jan 4): The manager of SPH REIT has announced a 1Q19 distribution per unit (DPU) of 1.34 cents, which remains unchanged from a year ago and will be paid to unitholders on Feb 15.
January 04, 2018
Broker's Calls
OUE Hospitality Trust's early refinancing to result in higher DPU, says RHB
SINGAPORE (Jan 3): RHB is maintaining its “buy” call on OUE Hospitality Trust (OUE HT), while raising its target price on the REIT to 91 cents from 88 cents previously to factor in a cost of equity (COE) of -7.2% and 2% terminal growth for FY18F and F
January 03, 2018
In print this week
'Tis the season of cheer for local retailers?
SINGAPORE (Dec 25): This year’s Orchard Road light-up runs 2.88km — from Tanglin Mall to Plaza Singapura. It features a Christmas village, a 20m fairy lights passage and a Christmas countdown clock. According to the Orchard Road Business Association,
December 26, 2017
In print this week
'Tis the season of cheer for local retailers?
SINGAPORE (Dec 25): This year’s Orchard Road light-up runs 2.88km — from Tanglin Mall to Plaza Singapura. It features a Christmas village, a 20m fairy lights passage and a Christmas countdown clock. According to the Orchard Road Business Association,
December 25, 2017
Broker's Calls
5 REITs to benefit from the economic growth cycle in 2018: RHB
SINGAPORE (Dec 19): RHB Research is maintaining “overweight” on Singapore REITs (S-REITs) on expectations of selective REITs to continue remaining in favour in 2018, following what the research house sees as a stellar performance in 2017.
December 19, 2017
Startups, Entrepreneurs, Digital economy
The 36-year-old Japanese who makes US$62 bil with instant web flea market
TOKYO (Dec 5): Yusuke Mitsumoto had a hunch: what if you paid people instantly for their used goods over the internet, with no guarantee that they would hand them over?
December 05, 2017
Global Markets
Amazon seeks to conquer new continent with push into Australia
SYDNEY (Dec 5): Amazon.com Inc. launched in Australia on Tuesday, offering millions of products and one-day delivery in some areas as the web retailer seeks to seize a share of the nation’s growing online retail market.
December 05, 2017
Broker's Calls
5 consumer stocks to count on in the new age of e-commerce
SINGAPORE (Dec 4): Phillip Capital is remaining “overweight” on Singapore’s consumer sector on expectations of a continued rebound in the city state’s economic conditions as well as improving consumer sentiment.
December 04, 2017
Broker's Calls
CRCT kept at 'hold' despite slight DPU accretion from mall acquisition
SINGAPORE (Nov 30): OCBC Investment Research is maintaining its “hold” on CapitaLand Retail China Trust (CRCT) with a higher fair value of $1.63 compared to $1.61 previously, after accounting for the trust’s acquisition of Rock Square and its privat
November 30, 2017
Property
CRCT raises $103.8 mil in oversubscribed placement for joint acquisition of Guangzhou mall
SINGAPORE (Nov 29): The manager of CapitaLand Retail China Trust (CRCT) says its private placement announced yesterday has been oversubscribed, and that it has exercised an upsize option to issue a total of 64.4 million new units at $1.612 per new unit to
November 29, 2017