office space

Broker's Calls

Keppel REIT to benefit from lease renewals, Australia portfolio going forward: UOB

SINGAPORE (Mar 7): UOB Kay Hian is maintaining its “buy” call on Keppel REIT with a target price of $1.35 on expectations of the REIT to benefit from the full-year impact of leases, which were rene

Property

Frasers Property acquires Dutch warehouse for $39.3 mil

SINGAPORE (May 25): Frasers Property has agreed to acquire a 100% stake in Dutch-incorporated company LocMeppel BV for a consideration of 25 million euros ($39.3 million).

Results

Manulife US REIT 1Q DPU beats projections by 8.6% at 1.65 US cents

SINGAPORE (May 2): The manager of Manulife US REIT has announced a distribution per unit (DPU) of 1.65 US cents (2.3 cents) for the first quarter ended March 31, exceeding its projected DPU of 1.52

JP Morgan Chase & Co.

Brexit

Goldman, Morgan Stanley signal London job moves ahead of Brexit

LONDON/NEW YORK (March 22): Senior Goldman Sachs Group Inc. and Morgan Stanley executives said they’re preparing to shift staff and operations from London to elsewhere in the European Union as Prim

China dominates property portfolio deals in 3Q

SINGAPORE (Nov 8): Commercial real-estate transaction volumes in Asia Pacific fell by 1.1% in 3QFY16 to US$30.4 billion ($42.2 billion), while development site sales fell 17% to US$76.3 billion.

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