Luxury in the heart of the city
Boulevard 88 - An exclusive integrated development on Orchard Boulevard
Original article on Edgeprop.com.sg By Bong Xin Ying/ EdgeProp Singapore March 20, 2019 4:48 PM SGT City Developments Limited (CDL) and its joint venture partners – Hong Leong Holdings Limited and Lea Investments – has sold 20 out of 25 released units to date since...
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MacPherson Road industrial building up for sale with S$21m guide price
by Vivienne Tay on July 13, 2020 at 3:09 am
A SEVEN-STOREY light industrial building at 463 MacPherson Road is up for sale with a guide price of S$21 million, marketing agent Savills Singapore said on Monday.
Property bellwethers CDL, Ascott sound warning on H1 profit hit
by Rachel Mui on July 13, 2020 at 3:09 am
TWO property bellwethers, City Developments Limited (CDL) and Ascott Residence Trust (ART), warned on Monday of dour performance in their first-half results, having been stung by lockdowns and other safe-distancing measures in various cities that were imposed as a result of the Covid-19 pandemic.
CDL's hotel operations segment to sink into red with 'significant' loss
by Rachel Mui on July 13, 2020 at 1:18 am
CITY Developments Limited (CDL) on Monday said it expects the group's pre-tax profit for the first half this year to reduce "substantially" from a year ago, dragged by its hotel operations segment amid the novel coronavirus pandemic.
Ascott Residence Trust H1 2020 DPS expected to fall by 65-75%
by Vivienne Tay on July 13, 2020 at 12:49 am
ASCOTT Residence Trust's (ART) distribution per stapled security (DPS) for the six months ended June 30 is expected to fall by 65 per cent to 75 per cent from the 3.43 Singapore cents recorded in the first half of 2019, the managers said.
Cromwell E-Reit to invest in London, Frankfurt data centres
by Fiona Lam on July 13, 2020 at 12:48 am
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has signed a heads of terms agreement with its sponsor and Stratus Data Centres, to co-invest directly into 50 per cent stakes in two European data centre projects, subject to various milestones.