TripleOne Somerset

SINGAPORE (May 8): Perennial Real Estate Holdings saw its earnings plunge 86.7% to $5.1 million for the 1Q ended March, from $38.7 million a year ago.

SINGAPORE (Apr 25): Perennial Real Estate Holdings announced that IWG, a provider of flexible workspace solutions, has leased over 35,000 sf of space at TripleOne Somerset to operate its Spaces co-working space concept.

SINGAPORE (May 23): Property group SingHaiyi reported a 6.1% rise in FY17 earnings to $31.1 million from a year ago on gain from TripleOne Somerset.

SINGAPORE (May 9): DBS Vickers Securities is maintaining its “buy” rating on Perennial Real Estate holdings with a target price of $1.05, following its strong 1Q17 set of results boosted by gains from its partial divestment of TripleOne Somerset in Ja

SINGAPORE (May 4): RHB is maintaining its “buy” call on Breadtalk Group with a higher target price of $1.60 on margins improvements for all three of its business and a special dividend.

SINGAPORE (Feb 8): Perennial Real Estate Holdings, the integrated real estate and healthcare company, reported 37.8% lower earnings of $25.6 million in 4Q16.

SINGAPORE (Jan 26): Perennial Somerset Investors (PSIPL), a consortium led Perennial Real Estate Holdings (Perennial), has agreed to divest a 70% stake in TripleOne Somerset to Simply Swift Limited, an indirect wholly-owned subsidiary of Hong Kong-listed

SINGAPORE (Nov 10): DBS is maintaining a “buy” call on Perennial Real Estate with a target price of $1.32, excited over the developer’s medium- to long-term plans in Singapore and China, the company’s biggest markets.

SINGAPORE (Aug 5): Property and healthcare group Perennial Real Estate Holdings saw 2Q16 earnings fall 93.2% to $0.6 million from $8.8 million a year ago on lower revenue.