#soilbuild

Soilbuild bags Kemaman Point with S$143m bid

Singapore

SOILBUILD Group Holdings has won the tender for the collective sale of Kemaman Point, a freehold 89-unit residential development along Balestier Road, with a bid of S$ 143.88 million.

The marketing agent for the collective sale, Knight Frank, said each owner stands to

… The Business Times

Wed, Jan 17, 2018 – 9:03 PM SOILBUILD Business Space Reit reported a 11.9 per cent drop in distribution per unit (DPU) for the fourth quarter ended Dec 31, 2017 to 1.383 Singapore cents. This came as gross revenue and net property income (NPI) fell by 4.3 per cent to S$ 20.75 million and 6 per cent to S$ 17.75 million, respectively, mainly due to lower contribution from 72 Loyang Way. For the…

Soilbuild to bolster procurement unit equity by S$8.5m

Thu, Sep 28, 2017 – 6:56 PM SOILBUILD Construction Group said after Thursday’s trading close that it has bolstered the equity of a wholly-owned subsidiary by S$ 8.5 million. Soilbuild said that it has subscribed another 8.5 million shares in SB Procurement Pte Ltd at an aggregate consideration of S$ 8.5 million. This brings the group’s total equity injection into SB Procurement to S$ 15 million.…

Soilbuild Biz Space REIT Offering a blend ofstability and growth

We initiate coverage on Soilbuild Business Space REITwith a BUY recommendation and a target price of S$0.83. Soilbuild REIT is a Singapore real estate investment trust that comprises two…