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KEPPEL LAND LTD
Property developer Keppel Land said its third quarter net profit rose 28.4 percent to S$74.5 million from a year ago, driven by strong performance from its associate companies and a divestment gain. However, its revenue for July-September fell 18.6 percent to S$466.9 million due to lower property trading and investment segments.
ASCENDAS REAL ESTATE INVESTMENT TRUST
Ascendas REIT, which owns industrial assets, said its second quarter distribution per unit grew by 4.4 percent year-on-year to 3.53 Singapore cents, helped by positive rental reversion of about 12.8 percent on average.
CAPITALAND LTD
Property developer CapitaLand's wholly-owned subsidiary CapitaValue Homes Ltd said it has secured its second residential site of about 36,920 square meters in Shanghai's Pudong District for about S$33.26 million, through a government tender.
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