CapitaLand sinks into the red with S$1.67b H2 loss on revaluation losses, impairments
CAPITALAND has sunk into the red with a net loss of S$1.67 billion for the second half ended Dec 31, 2020, from a net profit of S$1.26 billion a year ago.
CAPITALAND has sunk into the red with a net loss of S$1.67 billion for the second half ended Dec 31, 2020, from a net profit of S$1.26 billion a year ago.
ALL participants in the property market have a role to play in not stoking exuberant sentiments.
EC World Reit's (ECW) distribution per unit (DPU) for the fourth quarter ended Dec 31, 2020 fell 5.5 per cent to 1.427 Singapore cents, from 1.51 cents a year ago.
FRASERS Property's latest rights issue will provide much needed cash to the listed entity, but its value to shareholders, existing and potential, is questionable.
SECOND Minister for National Development, Indranee Rajah, has urged developers to remain prudent in their land bidding and not overextend themselves financially.
CROMWELL European Real Estate Investment Trust's (Cromwell E-Reit) distribution per unit (DPU) fell by 14.6 per cent to 1.744 euro cents (2.79 Singapore cents) for the second half ended Dec 31, 2020, from 2.04 euro...
BIG-TICKET sales of industrial properties continue to be buoyant.
PROPERTY developer City Developments Limited (CDL) is acquiring a 55 per cent stake in a Shenzhen technology park from its joint-venture investment Sincere Property Group and from two entities of China Ping An for RMB...
MALACCA hotel along Still Road and a two-storey residential block on Koon Seng Road have been put up for collective sale, with an indicative price tag of S$21 million.
GLOBAL logistics property player GLP has obtained its first sustainability-linked (SL) loan of US$658 million from 10 undisclosed banks that participated in the deal.
QUEEN Astrid Gardens has been relaunched for collective sale again with a lower reserve price of S$123.8 million, S$3 million less than the guide price listed in September 2020, exclusive marketing agent Knight Frank announced...
WITH working from home expected to remain a fixture going forward, some developers are exploring design tweaks to upcoming and future residential developments to support remote working.
LHN Limited on Monday signed the binding sale and purchase agreements to acquire eight flats in Beach Road for a total of S$16.8 million.
CHINESE shopping mall landlord Dasin Retail Trust's CEO Wang Qiu targets to double the market capitalisation of the business trust from about S$565.3 million (as at April 9) to S$1 billion in three to five...
WHEN a government tender closed last year for a sprawling site along Gibraltar Crescent in Sembawang near Singapore's northern coast for a proposed dementia care village, it drew just one bid, S$15 million.
Maxwell House is up for sale via a second public tender at a lower reserve price of $268 million, from $295 million in its first en bloc bid in September 2020.
More than a year has passed since the onset of the Covid-19 pandemic. While we are now more optimistic that better days are ahead, the fight is not yet over.
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