CDL Hospitality Trust buys two hotels for $799m

22 Nov 2019 - Singapore Business Review
This move is part of its Liang Court Site redevelopment plans. CDL Hospitality Trust (CDLHT) is acquiring the W Singapore Sentosa Cove hotel and another new hotel for a combined price of $799m, the company announced. CDLHT is also selling its hotel Novotel Singapore Clarke Quay for $375.9m to a consortium ...
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Industrial REITs lead Q3 NPI growth amongst S-REITs

22 Nov 2019 - Singapore Business Review
ESR-REIT’s NPI doubled from its merger with Viva. Industrial REITs saw the strongest net property income (NPI) growth at 5-101% YoY in Q3 2019, according to Maybank Kim Eng. This was mainly attributed to higher contributions from earlier acquisitions. In particular, Ascendas REIT saw a 12.0% YoY jump ...
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Singapore shares slide 1.2% amid jitters over trade deal uncertainty

21 Nov 2019 - The Business Times
US-CHINA trade headlines continue to cast a pall over Asia's equity markets, which were also done no favours by Wall Street's dour performance on Wednesday. Singapore's Straits Times Index (STI) may have fared better than its regional brethen on Wednesday, but the opposite held true this time round, ...
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Singapore stocks: STI resumes Thursday afternoon down 0.82% on day

21 Nov 2019 - The Business Times
SINGAPORE shares resumed trading still deep in negative territory on Thursday, with the Straits Times Index down 26.38 points, or 0.82 per cent to 3,203.40 as at 1pm. Losers outnumbered gainers 228 to 104, after about 973.7 million shares worth S$664.8 million changed hands. Among the most heavily ...
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Singapore shares decline at Thursday's open; STI down 0.86%

21 Nov 2019 - The Business Times
SINGAPORE stocks opened weaker on Thursday following news of the government narrowing its full-year GDP growth forecast for 2019 to 0.5 to 1 per cent. It was also announced that non-oil domestic export (NODX) growth and total trade also continued to fall in the third quarter – prompting the government ...
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Stocks to watch: CapitaLand, CDL, Ascott Reit, CDLHT, SPH Reit, GDS Global

21 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Thursday: CapitaLand, City Developments Limited (CDL), Ascott Residence Trust (Ascott Reit): A consortium of real estate heavyweights CapitaLand, CDL, and Ascott Reit will redevelop the Liang Court site, according ...
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CapitaLand sells The Star Vista to Rock Productions for $296m

21 Nov 2019 - Singapore Business Review
The mall comprises three levels of retail space with an NLA of 162,500 sqft. CapitaLand has entered into an agreement to sell The Star Vista to Rock Productions, the owner of The Star Performing Arts Centre, for $296m, according to a press release. Located next to the Buona Vista MRT Interchange, The ...
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Daily Markets Briefing: STI down 0.28%

21 Nov 2019 - Singapore Business Review
CapitaLand led the gains amongst top active stocks with a 0.3% climb. The Straits Times Index ended 9.09 or 0.28% lower at 3,229.78. The top active stocks were Singtel, which rose 2.51%, DBS, which slipped 0.98%, YZJ Shipbuilding, which diminished 3.77%, UOB, which fell 1.05%, and OCBC which remained ...
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Interested In CapitaLand Limited (SGX:C31)? Here’s What Its Recent Performance Looks Like - Simply Wall St

20 Nov 2019 - Simply Wall St

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Singapore stocks: STI resumes Wednesday afternoon down 0.19% on day

20 Nov 2019 - The Business Times
SINGAPORE stocks resumed trading on Wednesday afternoon in negative territory, with the Straits Times Index edging down 0.19 per cent or 6.09 points to 3,232.78, on the day as at 1.05pm. Decliners outnumbered advancers 202 to 112, after about 542.5 million securities worth S$489.3 million changed hands. ...
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