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May Property Market Review

[May - 4 - 2017] Global Logistic Properties (GLP) said it had signed 275,000 square metres of new leases in China over the past three months to the new tenants

[2017 - May - 2] CapitaLand Commercial Trust Management entered into a limited liability partnership agreement with OGS, an vehicle owned by insurer FWD Group to sell 50% stake in One George Street, for SGD1.18 billion. Upon the transaction completion, CCT and OGS LLP will each hold 50% of the stake of the property

Briefings

[May - 17 - 2017] HK developer Henderson Land buys central commercial land for record high price [ July - 2 - 2017] China developer Cifi and Hong Kong developer Henderson Land joint acquired lands in Suzhou China for new residential project HK government sold a car park site for record high price -HK developer Henderson Land buys central commercial land for record high price [May - 9 - 2017]Crown Resorts is selling its roughly USD 1 billion stake in the Malco's Macau resort [[May - 9 - 2017]Crown Resorts is selling its roughly USD 1 billion stake in the Malco's Macau resort [May - 13 - 2017] Malaysia entertainment group Genting Singapore's Q1 net profit for 2017 was 16.7 times higher than in the first quarter of 2016, standing at SGD181.1 million for the quarter ended March 31 [April - 28 - 2017] Resort developer Landing International said it had entered into agreement to sell an entire stake in a light-emitting diode company Ace Winner Holdings and the loan it had previously granted to Ace Winner for a total consideration of HKD50million

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