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OCBC on Tuesday said it has adopted the Equator Principles, an internationally recognised risk-management framework for financial institutions worldwide.
SCCPRE Hospitality Reit Management has been identified as the proposed new manager for the troubled Eagle Hospitality Real Estate Investment Trust (EH-Reit), which is part of the stapled group Eagle Hospitality Trust (EHT).
CAPITALAND has divested three malls in Japan and an office building in Korea for a total of S$448.7 million, as part of its ongoing portfolio reconstitution strategy, it said Tuesday morning in an exchange filing.
KEPPEL Corp's property arm, Keppel Land, is divesting its remaining 30 per cent interest in Dong Nai Waterfront City (DNWC) for about 1.95 trillion dong (S$115.9 million) in cash.
AHEAD of voting on the controversial merger between Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) and ESR-Reit, the deal's key opponents Quarz Capital Management and Black Crane Capital have raised concerns that the voting process involving custodi...
CITY Developments Ltd (CDL) expects to sink into the red in 2020 with a full-year loss, reversing from a S$564.6 million net profit in 2019, dragged by the prolonged impact of the coronavirus outbreak.
SINGAPORE'S commercial property investment volumes have plunged as expected this year, with US$2.7 billion achieved in the first nine months, against US$8 billion for the same period in 2019.
POST-COVID-19, Singapore's workforce is adapting to the new normal of flexible working. As in other parts of the world, 2020 has laid bare some truths: office work can be done from home, and workers' wellness is indispensable to business continuity and the economy.
THE Monetary Authority of Singapore (MAS) on Monday ordered the removal of the manager of Eagle Hospitality Reit (EH-Reit). MAS has also directed DBS Trustee, in its capacity as trustee of EH-Reit, to appoint a new manager "as soon as practicable".
CITY Developments Limited (CDL) expects to fall into the red in 2020 with a full-year loss, reversing from a S$564.6 million net profit in 2019, dragged by the prolonged impact of the coronavirus outbreak.
MYANMAR-FOCUSED conglomerate Yoma Strategic Holdings' real estate arm, Yoma Land, plans to develop its first suburban commercial property at StarCity, and a second residential project under the City Loft brand in another part of Yangon.
THE proportion of loss-making residential transactions in the secondary market has eased in recent months after climbing in the second quarter (Q2) of the year, although some analysts say the situation may bear monitoring as policy stimulus and support measures progressively taper off.
IT is not often that minority shareholders get the chance to determine the outcome of a significant corporate deal, but the proposed merger between Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) and ESR-Reit is one such instance since substantial shareho...
A 5,253 square foot (sq ft) unit at freehold development Rajah Towers was sold for S$4.5 million last month - more than four times the purchase price of S$960,000 - earning the seller a handsome profit.