Singapore Real Estate

Oxley to launch 207-room hotel, 590-key residence in KL

Real estate developer Oxley Holdings will launch a 207-room hotel and a 590-key serviced residence in Kuala Lumpur. The hotel and the residence will be operated by AccorHotels under the So Sofitel brand.

Companies' Brief

Mapletree Industrial Trust

FY18E DPU growth of 9 per cent to 12 Singapore cents should be well supported by major project with Hewlett-Packard contributing. Thus we roll-over our valuations to that year, pegged to a 7 per cent yield target, tightened from 7.25 per cent to reflect the higher quality portfolio of Mapletree Industrial Trust, as net property income (NPI) contributions from high-spec and business parks are expected to rise to 42 per cent from 33 per cent.

Global Economy & Global Real Estate

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