OUE REIT posts 4.6% rise in quarterly income
OUE REIT reported higher third-quarter net property income as hospitality revenue climbed, ahead of its Crowne Plaza Changi Airport divestment.
Investment & Development
Acquisitions, financing, site tenders, development approvals, REITs, ownership changes
Far East Orchard to raise stake in Far East H-Trust managers
Far East Orchard has agreed to buy a further 42% stake in the managers of Far East Hospitality Trust, lifting its holding to 75%.
Frasers Property, Mitsubishi Estate to redevelop Valley Point
The two groups have formed a joint venture to turn Valley Point and Fraser Suites Singapore into a riverfront residential and serviced residence project.
OUE REIT holds four-star GRESB rating again
OUE REIT scored a record 88.7 points in the 2026 GRESB assessment, retaining its four-star rating for a third straight year.
Pan Pacific Hotels Group plans 10 projects for 2027
Singapore-headquartered Pan Pacific Hotels Group will add 10 new-build and renovation projects across Southeast Asia in 2027 as part of its Version 2.0 transformation.
CDL unveils GET+ strategy, targets S$1.8b hotel sales
City Developments Limited has set a three-year plan to deploy S$5 billion and divest S$6 billion, with S$1.8 billion of hotel divestments by FY2029.