Mapletree

Expect muted issuing activity, slow uptake of MAS’s SGD Credit Rating Grant: OCBC
SINGAPORE (July 10): A further pickup in Singapore’s fundamentals and market activity remains tied to the upcoming actions of the US Federal Reserve in 2H17 and the resultant flow-on effect of SGD rates, says OCBC Bank. In its Singapore Mid-Year 2017 Credit Outlook report issued on Saturday, OCBC’s Asia credit research team notes that the city state’s credit outlook for the second half ...
'Recession-proof' student housing attracts Singapore investors
SINGAPORE (April 20): GIC and Mapletree Investments are going back to school. Singapore’s sovereign wealth fund and the city-state-based real estate investor helped fuel a record US$16.2 billion of student-housing acquisitions last year, and a further US$3.3 billion of deals were struck in the first quarter of 2017, according to Real Capital Analytics Inc. Student accommodation offers ...
Is the office property market poised for a turnaround?
SINGAPORE (Nov 10): The depressed office property market appears to be turning a corner after the Central Boulevard white site tender saw keen interest from property developers. The site has a potential gross floor area of 1.52 million sq ft for commercial use, and the highest bid came from IOI Properties at $2.6 million, or $1,689 psf. According to DBS Group Research analyst Mervin Song, ...