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Broker's Calls
Melbourne acquisition does little to boost estimates for Roxy Pacific
SINGAPORE (Nov 22): OCBC Investment Research is maintaining its “hold” call on Roxy Pacific with an unchanged fair estimate of 52 cents following news of its acquisition of a freehold property in Melbourne, Australia, for A$74.14 million ($76.1 millio
November 22, 2017
Property
Mandarin Oriental continues to review options for The Excelsior despite setback
SINGAPORE (Sept 27): Mandarin Oriental International is continuing its review of its long-term strategic options with the potential sale of its hotel property in Hong Kong, The Excelsior, and its possible redevelopment into a commercial building.
September 27, 2017