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Real Estate Development

Results

Sinarmas Land announces 55% rise in 1Q earnings to $43.3 mil on revenue growth, lower expenses

SINGAPORE (May 13): Sinarmas Land has reported 54.6% higher 1Q earnings of $43.3 million from $28 million in 1Q18, which came on the back higher revenue and margins as well as lower expenses.

M&A

Mapletree acquires Oakwood Worldwide, appoints new Oakwood CEO

SINGAPORE (Feb 17): Mapletree Investments has acquired Oakwood Worldwide, a US-based provider of housing and serviced apartment solutions, for an undisclosed sum. Read more at: http://www.dealstreetasia.com/stories/65220-65220/ a real estate devel

Results

Rowsley swings back to profitability with 3Q earnings of $5.4 mil

SINGAPORE (Nov 2): Rowsley, the company controlled by Singapore billionaire Peter Lim, swung back into the black in 3Q16 with earnings of $5.4 million, compared to a loss of $4.2 million a year ago.
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