Business
CDL upgraded to ‘buy’ by RHB on Singapore residential market strength, divestments
RHB has upgraded City Developments Limited (CDL) to “buy” from “neutral”, citing a strong momentum in Singapore’s residential property…
Tag
divestments
Business
SingPost H1 profit down 12.8% at S$19.7 million amid divestments, tough e-commerce business
Singapore Post (SingPost) posted a 12.8 per cent drop in net profit to S$19.7 million for its first half year ended Sep 30, from S$22.6…
Business
Mapletree Logistics Trust’s China asset divestments could pick up as interest rates fall
MLT is targeting divestments of S$100 million to S$150 million across its portfolio in FY2026 Mapletree Logistics Trust (MLT) is seeing…
Business
Suntec Reit rules out retail acquisitions in Australia; to focus on divestments
The manager of Suntec Real Estate Investment Trust (Suntec Reit) has ruled out acquiring retail assets in Australia, even as its peer,…
Business
Suntec Reit rules out retail acquisitions in Australia, will focus on divestments
The manager of Suntec Real Estate Investment Trust (Suntec Reit) has ruled out acquiring retail assets in Australia, even as its peer,…
Business
Metro Holdings says ‘no definitive agreement’ entered on Boustead Singapore’s proposed divestments
Property investment and development group Metro Holdings said on Thursday (Sep 18) that it has not made any decision nor entered into any…
News
Sembcorp receives court judgment validating its South African water asset divestments
In November of 2020, Sembcorp announced that it had entered into legal proceedings over the matter THE South African Supreme Court ruled…
Business
S-Reits remain active in acquisitions and divestments as managers eye growth
SINGAPORE-LISTED real estate investment trusts (S-Reits) have been active in their portfolio management activities in the fourth quarter…
Business
CapitaLand Ascott Trust’s divestments could help it buffer against higher-for-longer interest rate scenario
It should seize opportunities available in market, as long as exit yields remain favourable THE managers of CapitaLand Ascott Trust (Clas)…