MAIN-BOARD listed Thomson Medical Group unveiled a proposal before trading opened on Monday, to spin off its real estate business to existing shareholders via a distribution in specie by way of capital reduction.
REAL estate investment trust Sasseur Reit on Monday announced a distribution per unit (DPU) of 1.542 Singapore cents for the third quarter ended Sept 30.
OXLEY Holdings' wholly-owned subsidiary, Oxley Docklands Quay One and National Asset North Quays DAC, has sold a 300-year lease on No 2 Dublin Landings in Ireland for 106.5 million euros (S$166.5 million).
REAL estate services group Cushman & Wakefield is turning its focus to building its service lines in its existing markets as well as acquisitions to facilitate its growth across the Asia-Pacific.
THE Woodleigh Residences sold 60 per cent of the 50 units released for sale during the soft launch, which prompted joint developers Kajima Development and Singapore Press Holdings to release another 50 units.
SINGAPORE-BASED hospitality group Naumi Hotels is expanding its footprint in the region with the acquisition of two hotels in Wellington, New Zealand.
LIPPO Malls Indonesia Retail Trust (LMIRT) has posted a distribution per unit (DPU) of 0.49 cent in the third quarter, down 43 per cent from the same period a year earlier, on the back of higher operating expenses and a weak rupiah.
FAIR-value gains, the timing of sales settlements of development projects in Singapore and Australia, and maiden contributions from the business parks in the United Kingdom lifted results for Frasers Property for its 2018 financial year.
Households can save on their power bills by switching their electricity retailer online in just a few clicks with a new service launched on Friday by real-estate services provider SRX Property .
FAIR value gains of S$637 million on Frasers Property’s investment properties, as well as the timing of sales settlements of development projects in Singapore and Australia, and maiden contributions from the business parks in the United Kingdom lifted results for the group for its 2018 financial year.
BOOSTED by higher share of profits of associates, property developer Ho Bee Land's third quarter net profit rose nearly 25 per cent year on year to S$67.75 million.
LOWER revenue and higher interest expenses dampened results for OUE Commercial Reit (OUE C-Reit) for its third quarter ended Sept 30.
CITY Developments (CDL) said strong contribution from property development, especially its New Futura condo in Leonie Hill Road in Singapore, helped to boost the group's third quarter net profit by 10.4 per cent to S$161.8 million from the previous year.
MAPLETREE Logistics Trust (MLT) plans to acquire Wonjin Logistics Centre in South Korea from Wonjin Logistics for 37.85 billion won (S$46.4 million).
CITY Developments Ltd (CDL) posted a 10.4 per cent rise in third-quarter net profit to S$161.8 million from the previous year, the group said in a Singapore Exchange filing on Thursday evening.