Frasers Hospitality to its grow presence in China, India and Vietnam

Frasers Hospitality to its grow presence in China, India and Vietnam
 
SINGAPORE : Frasers Hospitality – the property arm of mainboard-listed Fraser & Neave – is planning to grow its presence in the emerging markets of China, India and Vietnam.
 
Revealing this at a news briefing on Thursday, Frasers said it plans to add about 5,000 [...]

Frasers Hospitality planning global expansion

Frasers Hospitality planning global expansion
 
Frasers Hospitality is planning an aggressive expansion globally, with 5,000 serviced apartment units slated for China, India and Vietnam by 2010.
 
The property arm of mainboard-listed Fraser & Neave then plans to expand its presence in the Middle East, Australia and Europe, and maybe even enter the US.
 
Among the service apartments that [...]

Retail property market remains stable in Q2: DTZ

Retail property market remains stable in Q2: DTZ
Turnover rents rise; limited growth for fixed gross rents
 
BUOYED by positive consumer sentiment and the Great Singapore Sale period, the retail property market remained stable in the second quarter of this year, according to a market report by real estate consultancy DTZ.
 
Turnover rents in Q2 rose, but there [...]

It pays to ask the women

It pays to ask the women
Property developer gets women focus group to help design mixed-use centre
 
IN designing shopping centres and mixed-use properties, Trademark Property Co of Fort Worth, Texas, used to do what many developers do: put together teams of professionals like architects, designers and building consultants; send out surveys; and hold community meetings. But [...]

Hi-tech rents, occupancy rates up

Hi-tech rents, occupancy rates up
Insufficient and expensive offices drive tenants to business parks, leading to 6.8% rise q-o-q
 
RENTS and occupancy rates for hi-tech and business park space were lifted in the second quarter of this year by spillover demand for office space, property consultants say. And rents for factories and warehouses have edged up too.
 
According [...]

CentraLand takes the lead

CentraLand takes the lead
 
CENTRALAND has become the first diamond sponsor of the Singapore Exchange’s Bull Charge 2008 – the first time the company is contributing to the cause. Bull Charge 2008 is the fifth charity fun run organised by Singapore Exchange (SGX) and the only charity fun run in the central business district.
 
A record 19 [...]

Mapletree full-year earnings dip 3%

Mapletree full-year earnings dip 3%
But operating profit rises 35%; revenue jumps 69% to $365.6m
 
MAPLETREE Investments posted a 3 per cent dip in net earnings for the year ended March 31, 2008 to $1.04 billion because of lower net revaluation gain and higher net finance cost.
 
Operating profit, however, rose 35 per cent to $146.9 million on [...]

Rentals making gentle waves at Sentosa Cove

Rentals making gentle waves at Sentosa Cove
They could hold firm despite gloom elsewhere and offer decent yields
 
(SINGAPORE) Close to 300 homes at Sentosa Cove, including 200 condominium units, have received Temporary Occupation Permit (TOP) and the exclusive enclave is starting to bustle.
 
DTZ Debenham Tie Leung, which is the property manager of the 200-unit The Berth [...]

Business parks and high-tech sites gaining popularity

Business parks and high-tech sites gaining popularity
 
BUSINESS parks and other high-tech industrial sites in Singapore have become increasingly popular among eligible tenants.
According to a new report released yesterday by CB Richard Ellis (CBRE), the overall occupancy rate at business parks probably hit a new high of 90 per cent last month, up from 88 [...]

Mapletree planning $682m fund in Vietnam

Mapletree planning $682m fund in Vietnam
 
REAL estate firm Mapletree Investments is setting up a US$500 million (S$682 million) fund to invest in properties in fast-growing Vietnam, to be launched within 12 months.
The Temasek Holdings unit said it is setting up the fund to ‘harness Vietnam’s rising development cycle, and to tap into the growing [...]