Frasers Property offers virus relief measures for Singapore mall tenants



TENANTS at 14 malls across Singapore will receive support from Frasers Property Retail (FPR) to tide over the business impact of the novel coronavirus outbreak.



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BHG Retail Reit's Q4 DPU slips 14.7% to 0.93 S cent



BHG Retail Reit's fourth-quarter distribution per unit (DPU) fell 14.7 per cent to 0.93 Singapore cents, from 1.09 cents a year ago. 



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Singapore malls foot traffic almost back to normal: CapitaLand



CUSTOMERS are once again going shopping with foot traffic especially in the suburban malls almost back to normal, said Lee Chee Koon, CapitaLand group chief executive on Wednesday.



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CapitaLand senior management, board members to take pay cut amid virus outbreak



PROPERTY giant CapitaLand on Wednesday announced a pay cut for board members and senior management, as "a show of togetherness and solidarity" with stakeholders amid the virus outbreak.



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Fragrance's fiscal 2019 profit tumbles 70.1% to S$79.9m



MAINBOARD-LISTED Fragrance Group posted a 70.1 per cent drop in net profit to S$79.9 million for the full year ended Dec 31, 2019, from S$267.2 million a year ago.



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SPH expands aged care business with C$232.9m Canadian acquisition



SINGAPORE Press Holdings (SPH) is acquiring six aged care assets in Canada for C$232.9 million (S$244.5 million), as part of its strategy to acquire cash-yielding assets in defensive sectors, the media and property group announced on Wednesday. 



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CapitaLand Q4 profit almost doubles; buys UK business park for £126.7m



PROPERTY giant CapitaLand's net profit almost doubled to S$926.6 million for its fourth quarter ended Dec 31, 2019, from S$475.7 million a year ago.



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City Developments' Q4 profit up 12.5% to S$87.7m



CITY Developments Limited (CDL) posted a 12.5 per cent rise in net profit to S$87.7 million for the fourth quarter ended Dec 31, up from S$77.9 million a year ago.



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Long leases 'protect Cromwell's Italy assets from Covid-19 impact'



CROMWELL European Reit CEO Simon Garing believes Covid-19's impact on its Italian properties will be limited, given long leases locked in at its logistics, industrial and office buildings, which would be less affected compared to retail and hospitality establishments.



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United Hampshire US Reit prepares to list on SGX



UNITED Hampshire US Real Estate Investment Trust (Reit) has lodged a preliminary prospectus to list a US-focused Singapore Reit on the Singapore Exchange, the Reit manager said on Tuesday.



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Park Hotel bags S$237m green loan from UOB



HOSPITALITY player Park Hotel Group has secured a S$237 million green loan from United Overseas Bank (UOB) to refinance the refurbishment of Grand Park City Hall, a hotel it owns and manages.



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JTC launches two industrial sites



JTC launched two sites on Tuesday under the industrial government land sales (IGLS) programme, one for tender and the other for application.



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JTC launches two industrial sites



JTC on Tuesday launched two sites under the industrial government land sales (IGLS) programme, one for tender and the other for application.



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Park Hotel obtains S$237m green loan from UOB



HOSPITALITY player Park Hotel Group has secured a S$237 million green loan from United Overseas Bank (UOB) to refinance the refurbishment of Grand Park City Hall, a hotel it owns and manages.



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HDB issues S$700m notes due in 2027



THE Housing and Development Board (HDB) has issued S$700 million worth of seven-year notes carrying a fixed coupon rate of 1.76 per cent per annum.



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