Q1 private housing data points to a bottoming out

A SLOWER pace of decline in private residential prices in the first quarter continues to affirm the view that a bottoming out is under way - a view reinforced by volumes hitting the highest in 15 quarters and prices of non-landed properties staying flat during the...

Canada’s Home Capital secures US$2b credit line

CANADIAN alternative lender Home Capital Group Inc said on Thursday the Healthcare of Ontario Pension Plan (Hoopp) agreed to provide a US$2 billion credit line to its unit Home Trust. Home Capital earlier said it had hired bankers to help it secure additional funding...

Canada’s Home Capital secures US$2b credit line

CANADIAN alternative lender Home Capital Group Inc said on Thursday the Healthcare of Ontario Pension Plan (Hoopp) agreed to provide a US$2 billion credit line to its unit Home Trust. Home Capital earlier said it had hired bankers to help it secure additional funding...

‘Green cards for cash’ facing questionable future

THE original plan was to attract foreign investment to blighted neighbourhoods. But instead, the controversial EB-5 investor visa enabled affluent Chinese to park their cash in high-end real estate in Beverly Hills and Manhattan - benefiting developers such as Donald...

Sabana Reit unitholders vote against manager removal, wind-up

AT its much anticipated extraordinary general meeting on Friday, Sabana Reit unitholders voted overwhelmingly against removing the underperforming Reit manager (with 69.48 per cent of votes cast against) and against winding up the Reit vehicle (with 71.67 of votes...

Frasers Hospitality Trust Q2 DPS dips 4.2%

INCREASE in the number of stapled securities following a rights issue led to a lower distribution per stapled security (DPS) for Frasers Hospitality Trust (FHT) in its second financial...

Industrial rents and prices continue decline in Q1

THE recovery in Singapore's trade and manufacturing output has yet to translate into higher demand for industrial space in the first quarter of this year, JTC Corporation's latest figures on industrial property prices and rentals...

UK housing starts indicator hits 10-year high

A MEASURE of house-building plans in Britain hit a 10-year high in early 2017 and demand for commercial property improved too, industry surveys showed on Thursday, easing concerns about the impact of last year's Brexit vote on the real estate...

Corporate digest

THE independent financial adviser (IFA) to Top Global's independent directors has deemed the offer by SW International for shares in the property and education group at 33 Singapore cents apiece as "not fair but...

Victoria Park Close bungalow being sold for S$40m

BIG residential property deals continue to be sealed. The latest deals include a bungalow in the Victoria Park Good Class Bungalow Area that is transacting at S$40 million, an apartment at The Marq on Paterson Hill that has fetched S$21.8 million and a couple of...

AA Reit’s Q4 DPU falls 5.8% to 2.78 cents

AIMS AMP Capital Industrial Real Estate Investment Trust (AA Reit) registered a distribution per unit (DPU) of 2.78 Singapore cents in its fourth financial quarter, 5.8 per cent lower compared to the corresponding quarter a year...
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