Reits & Property

The board has proposed a dividend of S$0.08 a share, to be paid out on Nov 18

Might other groups inject premier Singapore commercial properties into private platforms?

Anand Chandran, currently head of Asia-Pacific data centres at Mapletree Investments, will succeed her

This is mainly from a S$47 million impairment linked to an associate affected by China’s property downturn

S$0.06 a share dividend comes on 61% surge in revenue to S$2.72 billion

Group will not let its CAReit stake fall below 30%, says CEO Kong Chee Min

Revenue grows 0.7% to S$603 million, driven by higher commission income from agency services

It will make its entry into the Republic by acquiring a 2.5% interest in Digital Loyang 2 for S$87.4 million

NPI rises 8.7% to S$630.5 million; contributions from Paragon seen as among income drivers for rest of year