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In print this week
SPH opts for higher-yielding properties; PREH to report 1QFY2019 loss as cash flow remains in the red
SINGAPORE (May 6): On April 22, Singapore Press Holdings announced it had entered into an agreement to sell its stake in the retail podium and four office strata units (Chinatown Point mall) at the Chinatown Point integrated development in Singapore’s C
May 06, 2019
M&A
SPH acquires additional 3.33% stake in Perennial Chinatown Point
SINGAPORE (Nov 3): Singapore Press Holdings and Perennial Real Estate are increasing their respective stake in Chinatown Point retail mall.
November 03, 2017
Broker's Calls
What acquisition of extra 20% stake in Chinatown Point means for SPH
SINGAPORE (Dec 1): Singapore Press Holdings has acquired an additional 20% stake in Chinatown Point for $30.9 million, increasing its stake in the property to 27.35% from 7.35%.
December 01, 2016
Broker's Calls
Perennial Real Estate's enlarged stake in Chinatown Point a welcome addition
SINGAPORE (Nov 30): CIMB is maintaining its “add” call on Perennial Real Estate with a target price of $1.11 after it increased its stake in Chinatown Point to make it its largest owner.
November 30, 2016