2 Jan 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday: United Industrial Corporation (UIC) and UOL Group: Property group UIC on Tuesday announced the rebranding of Marina Mandarin Singapore to Parkroyal Collection Marina Bay, Singapore with effect from Jan ...
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6 Dec 2019 - Singapore Business Review
Frasers is one of the recent casualties after the merger of its logistics and commercial trusts. The consolidation amongst real estate investment trusts (REITs), especially between firms with the same sponsor, are expected to continue given a limited potential for organic growth and the benefits in having ...
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28 Nov 2019 - Singapore Business Review
The combined company will manage almost 100 properties worth $4b. Frasers Logistics & Industrial Trust and Frasers Commercial Trust are planning to merge, according to sources privy on the matter, as consolidation among Singapore’s real-estate investment trusts gathers pace, according to Bloomberg. The ...
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27 Nov 2019 - Singapore Business Review
City Developments (CDL) leads the pack at 35.7% YTD. The three best-performing real estate developer stocks (excluding REITs) have posted an average total return of 30.1% YTD, according to an SGX report. These firms have a market cap exceeding $200m. City Developments (CDL) leads the pack at 35.7% YTD, ...
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26 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Tuesday: Olam International: Olam is selling the real estate assets of its onion and garlic processing facility in California to Chicago-based investment management firm, Mesirow Financial, for US$110.3 million as ...
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