The Ramford at Rambai Road, located in Marine Parade is an upcoming freehold development slated to be launched by Centra Holdings. It is designed classically english, and the architecture is inspired after London Mews houses. This post will give you a review of The Ramford, pricing, floor plans, site plans,...
Fourth Avenue Residences is an upcoming condo project at the heart of Bukit Timah, developed by leading Singapore property developer Allgreen Properties. Its location is highly sought after as it is located right next to Sixth Avenue MRT station of the Downtown MRT Line. It is in the vicinity...
Capitaland and Ascott CapitaLand (CAPL) acquires US$835m (S$1.14b) US multi-family portfolio of 3,787 multifamily apartments (average price: US$220,000/unit) across suburban communities in Seattle, Portland, Greater Los Angeles and Denver. The acquisition is in-line with CAPL’s strategy to diversify outside Singapore and China to developed markets and to grow new businesses. CAPL...
10 Evelyn is an upcoming attractive boutique 5 stories condominium at Newton with a site area of 2,814 meter square of land and an estimated total of 56 units of 1,2 and 3 bedrooms. It is located in the prestigious area of District 11 along Evelyn Road, just off...
Uptown at Farrer, located along Perumal Road is a mixed development slated to be launched by Low Kheng Huat. The developer had won the site via an aggressive land sale bidding in the first quarter of 2017 at S$174.08 million, translating to S$1,000.71 per square foot per plot ratio...
Dasin Retail Trust, a China retail focused real estate trust, recently held an investor presentation for clients of Phillip Capital. Here are the key takeaways from the presentation. Geographic focus Dasin Retail Trust's focus is on the Guangdong-Hong Kong-Macau Great Bay Area. According to the REIT manager, this bay area is comparable to...
Keppel DC REIT (KDCREIT) has announced a new shell and core (S&C) data centre in Sydney, Australia, which will be constructed on the vacant land within the Macquarie Business Park precinct. The development will be undertaken by Macquarie Telecom, which is the current master lessee of KDCREIT’s S&C data...
UOL’s 2Q18 core PATMI of S$94.1m (-6% YoY) came in slightly below projections/consensus, which is attributed to the uneven recognition of profits from development property. We estimate that sold residential units surged 5x QoQ, to 145 units, helped by solid sales at 62%-sold Amber 45. Despite cooling measures, UOL has not...
The following is an excerpt from JP Morgan's daily property intelligence report covering key developments in the property market. HEADLINES The Competition & Consumer Commission of Singapore (CCCS) has issued a proposed infringement decision (PID) against the owners and operators of certain hotels in Singapore, in relation to the alleged discussion...
The following is an excerpt of a research report from CIMB. 2Q/1H18 DPU of 1.06 Scts/2.18 Scts was in line with our estimates, at 24%/49% of our FY18 forecast. Slight dip in committed portfolio occupancy to 95.2%. OUEB and LP enjoyed positive rental reversion on the back of rising...
Accor to manage EL Development hotel in Hill St EL Development has signed a memorandum of understanding with Accor for the French hotel chain to manage a new hotel that the Singapore property developer will build in Hill Street. Accor will manage the hotel under its Pullman brand - this...
CapitaLand Commercial Trust (CCT) made its maiden acquisition outside of Singapore with the purchase of a majority stake in a Frankfurt property known as Gallileo. Situated in the central business district (CBD) of Frankfurt, Gallileo will be 94.9% owned by CCT, with CapitaLand holding the remaining 5.1%.
Keppel DC REIT recently announced their intention to purchase a 99% interest in Kingsland Data Centre (DC) for S$295.1 million. The deal is expected to be 100% funded by equity, and is both DPU and NAV accretive, indicating that the REIT's share price and deal consideration amount is favourable to...
5 top office Reits deliver minus 3.2% return in 2018 THE five largest office real estate investment trusts (Reits) on the local bourse with assets in Singapore have brought home an average negative total return of 3.2 per cent year-to-date as of May 3. This brings their one-year and three-year total...
The Mapletree family of REITs reported their year to 31 Mar 2018 results which were generally positive. The following sums up the key points from the results presentations for each REIT. (adsbygoogle = window.adsbygoogle || ).push({}); Mapletree Logistics Trust (MLT) MLT's fourth quarter distribution...
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