Property investment is a great way to make a lot of money – if you know what you’re doing. Otherwise, it can be a very risky market, one fraught with legalities and nuances. But with the right guide and a good idea of the marketplace, you can well be on your way to building a proper portfolio. So let’s get you started!
So you've got that big raise and decide it's time to move. Or perhaps your kids are all grown up and you and your wife want a smaller house in your dotage. Or maybe your neighbourhood is getting too noisy and you prefer to live someplace quieter.
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OUE Limited's third-quarter net profit surged to S$124.1 million, almost 60 times that of the S$2.1 million net profit for the year-ago period due to higher earnings before interest and taxes (Ebit) and a one-off non-cash gain of S$90.9 million arising from the merger of OUE Commercial Real Estate Investment Trust (OUE C-Reit) and OUE Hospitality Trust (OUE H-Trust).
FOLLOWING an activist fund's call for the merger of Sabana Reit and ESR Reit, sponsor ESR Cayman on Friday said it is aware of the possible conflicts of interest that may arise between the two Reits and has put in place "strict internal controls" to regulate conflicts of interest within its different business lines.