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been waiting long for it.....
Blastoff ( Date: 10-Oct-2010 14:55) Posted:
| Tomorrow can apply for IPO. |
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Tomorrow can apply for IPO.
IPO at 2.12. now 2.3; cry for?
chinton86 ( Date: 03-Oct-2010 14:19) Posted:
but from what i know, every capmall asia investor now is crying sobsob.... |
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Wonder when will the IPO application available on ATM. Anyone here got info??
But I thought GIC investment will be in oversea emerging markets?
pharoah88 ( Date: 05-Oct-2010 14:58) Posted:
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Retail real estate sluggish: DTZ
SINGAPORE
Average prime rental rates along Orchard Road and Scotts Road remained unchanged in the third quarter, the firm said.
For the third straight quarter, gross rents of prime first-storey space in the area stayed at $39.70 per square foot per month.
Rents in other areas in the city continued to decline. Prime first storey rents in these areas fell by 0.8 per cent to $24.10 per square foot per month.
Monthly gross rents of prime first-storey retail space in the suburban malls, meanwhile, were unchanged at $33.60 per square foot per month.
DTZ said the new supply of retail space last year led to a competitive environment, which did not support any increase in rentals.
Some 1.3 million sq ft of new retail space became available last year.
Other than the newly-completed and pipeline supply that have put a lid on rentals, the two new integrated resorts also had an impact, DTZ said.
The integrated resorts siphoned off some demand for shopping as more people spend time and money at the casinos instead of at the malls, it noted.
But with a robust economic recovery taking place, DTZ said retail rents should increase gradually next year as the new supply is eventually absorbed. — Singapore’s retail real estate continues to be dogged by supply pressure, according to property consultancy DTZ. |
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Retail real estate sluggish: DTZ
SINGAPORE
Average prime rental rates along Orchard Road and Scotts Road remained unchanged in the third quarter, the firm said.
For the third straight quarter, gross rents of prime first-storey space in the area stayed at $39.70 per square foot per month.
Rents in other areas in the city continued to decline. Prime first storey rents in these areas fell by 0.8 per cent to $24.10 per square foot per month.
Monthly gross rents of prime first-storey retail space in the suburban malls, meanwhile, were unchanged at $33.60 per square foot per month.
DTZ said the new supply of retail space last year led to a competitive environment, which did not support any increase in rentals.
Some 1.3 million sq ft of new retail space became available last year.
Other than the newly-completed and pipeline supply that have put a lid on rentals, the two new integrated resorts also had an impact, DTZ said.
The integrated resorts siphoned off some demand for shopping as more people spend time and money at the casinos instead of at the malls, it noted.
But with a robust economic recovery taking place, DTZ said retail rents should increase gradually next year as the new supply is eventually absorbed.
— Singapore’s retail real estate continues to be dogged by supply pressure, according to property consultancy DTZ.
Reasonable.
Blastoff ( Date: 28-Sep-2010 07:08) Posted:
| Any comments on the price range? |
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bad investment in logistic ?
chinton86 ( Date: 03-Oct-2010 14:19) Posted:
but from what i know, every capmall asia investor now is crying sobsob.... |
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but from what i know, every capmall asia investor now is crying sobsob....
btw, anyone remember that time capmall asia ipo, is how many million shares avail for the retail public to apply thru atm?
Thanks for the link. Anyone wants to give their views / comments on this? Is it worth subscribing?
jchong71 ( Date: 28-Sep-2010 08:57) Posted:
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which company is under the GIC logistic arm ?
Blastoff ( Date: 28-Sep-2010 07:08) Posted:
| Any comments on the price range? |
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Any comments on the price range?
SINGAPORE : The Government of Singapore Investment Corporation (GIC) has said its logistics arm could seek to raise as much as S$3.9 billion in its initial public offering.
This would make it the country's second-biggest IPO.
Global Logistic Properties has set an indicative price range of S$1.78 to S$1.96 per share.
According to its prospectus, the IPO will comprise up to nearly two billion shares, including for cornerstone investors and over-allotment.
The IPO opens on October 11 and the shares are expected to start trading on October 18.
The proceeds will go towards supporting growth plans in China and Japan.
Citigroup and JPMorgan are joint global coordinators and book runners with UBS, DBS and CICC.
