page contents

Real Estate

Fragrance Group buys Britain's 300-year-old Crown Hotel

MAINBOARD-LISTED property company Fragrance Group has acquired the 300-year old Crown Hotel in Britain for £7.2 million (S$ 12.7 million). Announcing the acquisition in a Singapore Exchange filing on Monday, the group also said it has incorporated a wholly-owned subsidiary in Britain, called Fragrance UK-Harrogate, which is principally a property investment holding company and has a paid-up capital of £1 ...

Read More »

Hong Kong banks checked on loans to HNA, Wanda, Daily says

[HONG KONG] The Hong Kong Monetary Authority is tightening scrutiny over banks’ exposure to HNA Group and Dalian Wanda Group, according to a report by Apple Daily. The city’s de facto central bank asked Chinese banks and major lenders in Hong Kong for details on their loans to HNA and Wanda Group, Apple Daily reported, citing unidentified people. Banks were required ...

Read More »

Too many deals, too few en bloc lawyers

Singapore EN BLOC lawyers are having to turn down deals because their plates are full. Such is the renewed fervour in the residential collective sale market, a contrast from the past couple years when few deals were launched and even fewer succeeded. Dentons Rodyk & Davidson Let’s block ads! (Why?) … The Business Times

Read More »

Houston home prices may rise, post-Harvey

Austin IT MIGHT seem like Houston’s historic flood would make America’s fourth-largest city a less desirable place to live, but it’s going to get more expensive, real estate experts say. The supply of houses and apartments is expected to drop sharply with tens of thousands of homes Let’s block ads! (Why?) … The Business Times

Read More »

Call to slap property tax on China homes to curb prices

Beijing CHINA’S property market has become a major source of financial risk and Beijing cannot rely on adjustments to monetary policy alone to resolve the “serious” problems caused by the sector, a central bank official wrote. Xu Zhong, head of the People’s Bank of China’s research Let’s block ads! (Why?) … The Business Times

Read More »

Hain Celestial Group Inc. Finishes 2017, Has High Expectations for 2018

Hain Celestial Group Inc. (NASDAQ: HAIN) released its fourth-quarter and fiscal-year 2017 results on Aug. 29. And while the company reported that revenue declined 2% from the year-ago quarter, a closer look at the results — particularly details about what management has already started doing to improve both sales and profits — indicate that the future could be looking up. ...

Read More »

Keppel Land on the hunt for new chief

KEPPEL Corporation on Sunday announced that Ang Wee Gee, chief executive officer (CEO) of Keppel Land, will be leaving the company on Dec 31 December this year to pursue other interests, after more than 26 years of service. Loh Chin Hua, CEO of Keppel Corporation, who is concurrently chairman of Keppel Land, will assume the role of executive chairman of ...

Read More »

Another blow from Harvey: Houston home prices, rents likely to rise

[HOUSTON] It might seem like Houston’s historic flood would make America’s fourth-largest city a less desirable place to live, but it’s going to get more expensive, real estate experts say. The supply of houses and apartments is expected to drop sharply with tens of thousands of homes destroyed and uncertain prospects for future flood insurance costs. Following a pattern seen ...

Read More »

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close