Suntec REIT’s acquisition of an Adelaide, Australia, office building looks “compelling,” even for a secondary city, Daiwa said in a note Tuesday.
CGS-CIMB downgraded Keppel DC REIT to Hold from Add, saying the positive industry fundamentals and potential catalysts are fully priced in.
Analysts weigh in on how Keppel REIT’s second-quarter results shaped up.
These are Singapore companies which may be in focus on Wednesday, 17 July 2019: Keppel, KORE, Keppel DC REIT, JUMBO, Yangziajiang and Maxi-Cash.
Frasers Property said Wednesday it secured a A$750 million five-year term loan, including a A$500 million five-year green loan tranche with reduced pricing.
Co-working space provider WeWork entered a deal to lease all of the 21 Collyer Quay property from CapitaLand Commercial Trust, the trust said Wednesday.
CapitaLand Commercial Trust entered a deal to acquire 94.9% of Main Airport Center (MAC) in Frankfurtfor 251.5 million euros, the trust said Wednesday.
CapitaLand Commercial Trust reported Wednesday its 2Q19 net property income increased 0.8% on-year to S$78.38M. The result missed a forecast from Daiwa.
Global fund managers were a tad less pessimistic, but they continued to fret over economic risks, the BofA-ML fund manager survey for July found.
Maxi-Cash said Tuesday it plans to issue an additional S$23.5 million of 6.35 percent notes due 2022 after receiving interest from its investors.
Keppel DC REIT reported second quarter net property income rose 13.6 percent on-year to S$43.26 million, getting a boost from the two acquisitions in 2018.
Keppel-KBS US REIT reported Tuesday its second quarter net property income was US$17.99 million, up 30.4 percent on-year on two acquisitions.
JUMBO Group has opened its first franchised JUMBO Seafood outlet in Seoul’s Gangnam district, the chili crab restaurateur said in a filing to SGX Tuesday.
Yangzijiang has completed the acquisition of Singapore-based Odfjell Terminals China Holding for US$46.23 million, the shipbuilder said Tuesday.
These are Singapore companies which announced share buybacks on Tuesday, 16 July 2019: SPH, Olam, Duty Free, Straits Trading and Trek 2000.
Keppel said Tuesday it obtained contracts worth around S$130 million from repeat customers for a newbuild dredger and to modify an FPSO vessel.
These are Singapore stocks which may be in focus on Tuesday, 15 July 2019: Keppel REIT, SGX, Suntec REIT, Kingsmen Creatives and KIT.
These are Singapore companies which announced share buybacks on Monday, 15 July 2019: Olam, Straits Trading, CDW Holding and Global Investments.
Keppel Infrastructure Trust reported Monday it swung to a 2Q19 net profit of S$8.30M from a year-ago loss as its Ixom acquisition began to contribute.
Singapore Airlines’ group passenger carriage increased by 8.5 percent on-year in June, outpacing capacity growth of 6.5 percent, the carrier said Monday.
SGX RegCo is seeking feedback on potential changes to its auction mechanism to prevent extreme price dislocations, the exchange said in a statement Monday.
Kingsmen Creatives said Monday it entered a deal with Vision High (HK) to open NERF family entertainment center attractions in China.
Suntec REIT entered a deal to acquire a 12-storey office building in Adelaide, South Australia, for A$148.3 million, the REIT’s manager said Monday.
Keppel REIT reported Monday its 2Q19 net property income dropped 28.1% on-year amid the divestment of a stake in Ocean Financial Centre.
A JV between Koh Brothers Eco and China Harbour (Singapore) Engineering has obtained a S$668.2M contract from PUB, the Singapore company said Monday.