The Leading Professional and Representative Body for the Real Estate Industry

The Leading Professional and Representative Body for the Real Estate Industry

DAILY NEWS

 

Daily News – 17 February 2016

Singapore Real Estate

Oxley to launch 207-room hotel, 590-key residence in KL
Real estate developer Oxley Holdings will launch a 207-room hotel and a 590-key serviced residence in Kuala Lumpur. The hotel and the residence will be operated by AccorHotels under the So Sofitel brand.
http://www.businesstimes.com.sg/real-estate/oxley-to-launch-207-room-hotel-590-key-residence-in-kl

Companies’ Brief

Mapletree Industrial Trust
FY18E DPU growth of 9 per cent to 12 Singapore cents should be well supported by major project with Hewlett-Packard contributing. Thus we roll-over our valuations to that year, pegged to a 7 per cent yield target, tightened from 7.25 per cent to reflect the higher quality portfolio of Mapletree Industrial Trust, as net property income (NPI) contributions from high-spec and business parks are expected to rise to 42 per cent from 33 per cent.
http://www.businesstimes.com.sg/companies-markets/brokers-take-226

Global Economy & Global Real Estate 

Former HK deputy leader, tycoon lose graft appeal bids
http://www.businesstimes.com.sg/real-estate/former-hk-deputy-leader-tycoon-lose-graft-appeal-bids

‘Once in a lifetime’ sale of religious group’s Brooklyn HQ draws top investors
http://www.businesstimes.com.sg/real-estate/once-in-a-lifetime-sale-of-religious-groups-brooklyn-hq-draws-top-investors

China’s new yuan loans surge to record high in January
http://www.businesstimes.com.sg/real-estate/chinas-new-yuan-loans-surge-to-record-high-in-january

University of Michigan Endowment Adds to Real Estate Investments
http://www.bloomberg.com/news/articles/2016-02-16/university-of-michigan-endowment-adds-to-real-estate-investments

British Columbia Imposes Citizenship Disclosure for Home Buyers
http://www.bloomberg.com/news/articles/2016-02-16/british-columbia-imposes-citizenship-disclosure-for-home-buyers

Citadel Leases Anchor Space at New Tower on NYC’s Park Avenue
http://www.bloomberg.com/news/articles/2016-02-16/citadel-leases-anchor-space-at-new-tower-on-nyc-s-park-avenue

Local & Overseas Real Estate – Full Article
http://www.stproperty.sg/articles-property/singapore-property-news/c/11
http://business.asiaone.com/property/news
http://www.propertyguru.com.sg/market-news
http://www.btinvest.com.sg/property

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