Data centre industry to continue its growth, riding waves of AI demand
SINGAPORE – Surging demand for artificial intelligence (AI) and expanding digital infrastructure is driving massive investment in the local data centre industry, noted experts. The good times being ...
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Analysts like FEHT for its higher 2HFY2024 hotel RevPAR and potential to conduct M&As
The analysts from DBS and Citi also like FEHT for its relatively high yield of around 6%. DBS’s revised DPU of 3.7 cents and ...
ESR-LOGOS REIT (OTC:CGIUF) Shares Down 25.4% – Here’s What Happened
ESR-LOGOS REIT (OTC:CGIUF – Get Free Report)’s share price dropped 25.4% on Wednesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 8,333 shares traded hands during ...
Ong Beng Seng’s HPL to focus on Orchard Road properties after exiting Cuscaden consortium
SINGAPORE - Hotel Properties Limited (HPL), the real estate company owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after exiting a Temasek-backed consortium that owns ...
CapitaLand Ascott Trust is the only lodging trust in Asia Pacific included in the S&P Global Sustainability Yearbook 2025
Recognition further strengthens CapitaLand Ascott Trust’s sustainability leadershipSingapore, February 12, 2025 -- CapitaLand ...
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First REIT Trust’s DPU down 4.8% YoY in FY2024
The total distributable amount fell by 4.1% YoY. First REIT Trust’s distribution per unit (DPU) dropped by 4.8% year-on-year ...
Temasek-Backed Cuscaden To Delist Singapore’s Paragon In Deal Valuing Shopping Mall REIT At $2.1 Billion
Cuscaden Peak Investments—backed by Singapore state-linked investor Temasek Holdings—is seeking to take Paragon REIT private ...
Singapore's Temasek-Backed Sponsor Plans to Take Retail REIT Private in $2 Billion Deal
Singapore's Temasek-backed sponsor of Paragon REIT offered to take the retail investment trust private, valuing it at more than $2 billion, in a bid to renovate its flagship shopping mall in the heart ...
Singapore's Paragon REIT gets buyout offer valuing it at $2 billion
Singapore's Paragon REIT said on Tuesday that it had received a privatisation offer from its top shareholder Cuscaden Peak, valuing the real estate firm at S$2.78 billion ($2.05 billion).
Cuscaden Peak offers to take Paragon REIT private in $2 billion deal
Singapore's Paragon REIT said on Tuesday that it had received a privatisation offer from its top shareholder Cuscaden Peak, valuing the real estate firm at S$2.78 billion ($2.05 billion). Cuscaden ...
Temasek-Backed Cuscaden Seeks to Take Paragon REIT Private
A unit of Cuscaden Peak Pte. is seeking to take Paragon REIT private, in a growing sign of the headwinds facing Singapore’s ...
CapitaLand Ascendas REIT Driving Growth Through Active Portfolio Management
CapitaLand Ascendas REIT invests in properties used for industrial, logistics and business activities in Singapore, Australia, Europe, and the US Its portfolio is well diversified, consisting of ...