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City Developments Ltd posted a 230.7 percent year-on-year jump in attributable profit to S$301.6 million ($235.76 million) for the first half of 2026 on completions of projects including it Lumina Grand development. Half-year revenue for Singapore’s largest developer not controlled... Read More>> The post…
Centurion Corporation posted a 31 percent year-on-year rise in revenue to S$184.9 million ($144.3 million) for the six months to June, while net profit fell 36 percent to S$53.1 million as fair-value losses weighed on the Singapore-listed accommodation specialist’s bottom... Read More>> The post Singapore’s…
Singapore’s CapitaLand Investment has earmarked S$7 billion to S$9 billion ($5.5 billion to $7 billion) in non-core and legacy assets for potential sale after first-half attributable profit jumped 14 percent. The SGX-listed real asset manager said Thursday that it would... Read More>> The post CapitaLand Investment…
Singapore’s UOL Group leads today’s real estate headlines from around Asia Pacific with a 23 percent surge in first-half profit. Also making the list are ESR and Indonesia’s INA breaking ground on Jakarta logistics facilities and South Korea’s IGIS buying... Read More>> The post UOL Says Profit Jumped 23% to $197M…
Shangri-La Asia’s positive guidance leads today’s roundup, with the Hong Kong-listed hotel operator expecting a 70 percent surge in first-half operating profit. Also making headlines, Sino-Ocean’s Gemini Investments agrees to sell a Manhattan land site for $57 million and Hang... Read More>> The post Shangri-La…
Asia Pacific’s data centre development pipeline has reached 25.5 gigawatts, exceeding the region’s 16.1GW of operational capacity as developers race to keep pace with demand from artificial intelligence and cloud computing, according to Savills. The pipeline includes 3.6GW under construction... Read More>> The post…
Blue Owl’s Stack Infrastructure leads today’s real estate headlines from around Asia Pacific as it seeks a $5.9 billion loan to fund its third Melbourne data centre. Also in the news are Australia’s Mirvac circling $441 million in Sydney and... Read More>> The post Stack Seeks $5.9B Loan for Melbourne Data Centre…
Australia’s industrial markets turned in a stronger-than-expected second quarter as occupier demand rebounded, with 1.3 million square metres (14 million square feet) of space changing hands through leasing deals nationwide and vacancy declining in four of the country’s five major... Read More>> The post Australia…
Hongkong Land’s net profit jumped 470 percent to $1.26 billion in the first half of the year, driven by a $725 million gain in property values as Hong Kong’s recovering office market raised the fortunes of its Central district portfolio. ... Read More>> The post Hongkong Land Profit Jumps 470% as Central Office…