Accordia Golf Trust reported Thursday the number of players on its 88 golf courses in September rose 12.2 percent on-year to 521,068.
Thakral’s joint venture, GemLife, has acquired 4.4 hectares of land in Australia, to develop an over-50s lifestyle resort, the property company said Monday.
Genting Singapore has filed to issue as much as 350 billion yen in yen-denominated bonds in Japan, the integrated casino-resort operator said Monday.
KGI kept an Outperform on Uni-Asia after visiting its Japan hotels and residential properties, amid upcoming catalysts for the country’s hospitality sector.
Straits Trading said Thursday it increased its investments in Japan residential property via the Savills IM Japan Residential Fund.
Mapletree Logistics Trust said Tuesday it entered a conditional deal to acquire an under-development logistics warehouse in Australia for A$18.4 million.
Fund managers’ recession expectations have hit levels last seen during the Global Financial Crisis, according to the BofA-ML September survey Tuesday.
Ascendas Hospitality Trust said Friday it terminated its deal to acquire the serviced apartment component of UEM Sunrise’s development in Australia.
These are Singapore companies and news which may be in focus on Thursday, 12 September 2019: HKEx, SGX, Keppel DC REIT, Sunpower Group and Synagie.
Accordia Golf Trust reported Tuesday the number of players on its courses in August rose 5.8 percent on-year to 511,886.
Starhill Global REIT said Tuesday it submitted a non-binding expression of interest to Isetan Singapore for the potential purchase of its Wisma Atria stake.
Starhill Global REIT is seeking to buy Isetan Singapore’s stake in Wisma Atria for more than S$290.7M, the Business Times reported, citing an unnamed source.
S&P downgraded Starhill Global REIT to BBB from BBB-plus Thursday as the REIT faces pressure from rent reversions in its key Singapore assets.
Singapore companies which may be in focus on Thursday, 29 August 2019: OUE, Citic Envirotech, CRCT, Silverlake Axis and Starhill Global REIT.
These are Singapore companies which may be in focus on Monday, 26 August 2019: Yangzijiang, SPH REIT, Silverlake Axis, UOL, Far East Orchard and SATS.
Uni-Asia Group reported Wednesday its second quarter net profit jumped 52 percent on-year to US$2.96 million on higher investment returns and hotel income.
Accordia Golf Trust reported Wednesday its fiscal 1Q net profit fell 3.2 percent on-year 2.32 billion yen on higher interest and income tax expense.
Accordia Golf Trust reported Tuesday the number of players on its 88 courses rose 7.2 percent on-year in July to 497,808.
Far East Orchard reported Tuesday its 2Q19 net profit rose 53.7 percent on-year to S$2.39 million, partly on better performance of the hotels in Germany.
Ascendas Hospitality Trust reported Thursday its fiscal 1Q net property income rose 13.6% on-year to S$21.3M, mainly on the acquisition of five hotels.
Parkway Life REIT reported Wednesday its 2Q19 net property income rose 2.3 percent on-year to S$26.81 million on a Japan property acquisition.
Frasers Hospitality Trust reported Tuesday its fiscal 3Q net property income fell 11% on-year on a weaker performance from the Australia portfolio.
Starhill Global REIT reported Tuesday its fiscal fourth quarter net property income slipped 0.4 percent on-year. The results missed a forecast from Daiwa.
Analysts weigh in on Mapletree Logistics Trust’s fiscal first quarter earnings report.
Mapletree Logistics Trust reported Monday its fiscal1Q net property income increased 18.2%on-year on the redevelopment of Mapletree Ouluo Logistics Park.
These are Singapore stocks which may be in focus on Tuesday, 15 July 2019: Keppel REIT, SGX, Suntec REIT, Kingsmen Creatives and KIT.
CapitaLand’s lodging unit The Ascott said Monday it signed 26 properties, with 23 under management contracts and three on franchise agreements.
These are Singapore companies which may be in focus Friday, 12 July 2019: Hyflux, Keppel, CapitaLand, Hi-P International and SPH REIT.
These are Singapore companies which may be in focus on Thursday, 11 July 2019: Sembcorp, UOB, SGX, Ascendas India Trust, Accordia Golf and Cordlife.
Daiwa downgraded Mapletree Logistics Trust to Sell, saying valuations are “increasingly unattractive” and underlying DPU growth has been “negligible.”
Frasers Hospitality Trust said Monday it is in talks with unnamed parties over a potential sale of the Sofitel Sydney Wentworth.
These are Singapore companies which may be in focus on Monday, 8 July 2019: ThaiBev, Singtel, CapitaLand, Frasers Hospitality Trust and Sunpower.
Ascott Residence Trust and Ascendas Hospitality Trust said Wednesday they entered a deal to combine into what would be the largest hospitality trust in Asia Pacific.
Thakral said Monday it acquired the 10-storey Nikke Yotsubashi Building in Osaka, bringing its portfolio of Japan real estate investments to 11 properties.
These are Singapore companies that may be in focus on Monday, 1 July 2019: Banks, Temasek, Singapore Airlines and Hyflux.
Roxy-Pacific entered into a joint venture to acquire a retail building in Tokyo, Japan, for 6 billion yen, the Singapore-listed property company Thursday.
Genting Singapore’s shares are “cheap as chips,” despite potential positives from the RWS revamp and potential Japan integrated resort bid, CGS-CIMB said Friday.
These are Singapore companies which may be in focus Friday, 21 June 2019: UOB, Cromwell European REIT, Keppel, Thai Beverage, Wing Tai and Straits Trading.
These are Singapore companies which may be in focus on Tuesday, 11 June 2019: CapitaLand, CRCT, SGX, Kingsmen Creatives, Ascendas REIT and Accordia Golf.
These are Singapore companies which may be in focus on Monday, 10 June 2019: City Developments, Singapore Airlines, Oxley and SPH.