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A Brand NEW Home That Fits Your Lifestyle At Frankel Estate
Prestigious Location for a 3.5 Storey Inter Terrace with Lift
5 5 1,718 / 4,000 sqft
Real Estate News
05 June 2020
THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times.-
MAS, CAD investigating Eagle Hospitality Trust directors, officers
THE Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force have launched a joint investigation into current and former directors as well as officers responsible for managing Eagle Hospitality Trust (EHT).
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CapitaLand proposes scrip dividend scheme, opens star attraction at China mall
PROPERTY giant CapitaLand has proposed a scrip dividend scheme which will allow shareholders to receive their cash dividends in the form of new shares.
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Oxley unit disposes of stake in UK developer Galliard for £30m
PROPERTY developer Oxley Holdings on Friday said its wholly-owned subsidiary, Oxley Bright, has disposed of its entire 18.77 per cent stake in Galliard Group for some £30 million (S$52.9 million).
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Tech firms, startups likely to still drive demand for CBD space
AS TECH companies and startups continue to make public their plans for remote work, market watchers remain optimistic that the technology sector will not downsize offices.
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Added reliefs for landlords, tenants positive for S-Reits sentiment: Jefferies
FURTHER reliefs for landlords and tenants are likely to "invigorate the current positive sentiment" for Singapore real estate investment trusts (S-Reits), while hospitality Reits are expected to take the lead in the sector, with the implementation of the Singapore-China fast-lane arrangement, according to Jefferies Singapore.
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Eagle H Trust locked into exclusive talks with Far East Consortium
THE special committee taking charge of the restructuring and the strategic review of Eagle Hospitality Trust's (EHT) business has had to abandon expressions of interest from "credible and reputable asset management companies and/or institutional investors" because of a letter of intent that EHT's sponsor Urban Commons (UC) had signed with Hong Kong-listed property conglomerate Far East Consortium International (FECIL) providing for a 90-day exclusivity period that expires on July 14, 2020.
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EHT's sponsor in talks to change control of manager to Far East Consortium
THE special committee taking charge of the restructuring and the strategic review of Eagle Hospitality Trust’s (EHT) business has had to abandon expressions of interest from “credible and reputable asset management companies and/or institutional investors”, because of a letter of intent providing a 90-day exclusivity period that the real estate investment trust's (Reit) sponsor, Urban Commons, had signed with Hong Kong-listed property conglomerate Far East Consortium International (FECIL).