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How can SREITs keep up as international competition intensifies?
How can SREITs keep up as international competition intensifies?
A new REIT association was officially launched today.
New private condo sales jumped 18% in October
Discover last month’s best performer.
Stagnant condo sales drag Wheelock’s profit down 7.2% in Q3
High expenses and FX losses are also to blame.
ThaiBev’s net profit dipped 10% to $143m in Q3
Earnings slipped 11.5% to $232m.
Singapore’s electronic exports fell for 27th straight month in October
Exports slipped 3.6% last month.
Oxley Bizhub boosts Oxley’s 1Q15 profits with add’l $250m
The firm has become even more aggressive overseas.
Hotel Properties' profit plunged 70% in Q3 to $15.1m
There were no contributions from Tomlinson Heights.
Temasek amasses 1.03% stake in Alibaba
As it seeks to benefit from rising consumption in Asia’s biggest company.
Olam’s operating profit crashed 29% to $32.2m in Q1
Its hazelnut business was the main drag.
CapitaLand injects $220m into its maiden Indonesian integrated development
The project will be in Jakarta’s CBD.
Chart of the Day: Almost 500% spike in Singapore’s 2014 warehouse supply to pressure rental rates
Coupled with stagnant demand.
Daily Briefing: Raffles Place stabbing victim had $800,000 in cash and valuables; Top rental yield projects mostly located in suburbs;
And Bedok Integrated Transport Hub opens 30 Nov.
Daily Markets Briefing: STI up 0.3%
Expect more good news today.
First Resources’ profit down 15% in Q3 as palm oil prices plunge
Earnings per share dipped 16%.
Resilient office rents propped up Ho Bee’s profits in Q3
Net profit jumped 83.2% last quarter.
Motor vehicle sales surged 30% in September
Overall retail sales went up 5.5%.
Year-long earnings drought awaits local casinos as high-rolling tourists vanish
Can the gaming giants withstand it?
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