3 Things You Need To Know About The Property Market This Week

Welcome to Sunday evening! Here are three things about Singapore’s property stocks and investing in general that you might want to look at today and over the next week.

1. Global Logistic Properties Ltd (SGX: MC0) had just announced a huge US$4.55 billion acquisition earlier in the week which will see the firm become the second largest modern logistics facilities provider in the U.S. With this important development, it may be a good time to see whether Global Logistic Properties might be a company that could interest a super investor like Peter Lynch. .

2. Hongkong Land Holdings Limited  (SGX: H78) had announced its first-half results on Thursday evening. The owner of some of the most prestigious commercial and retail real estate in Hong Kong saw a 9% decline in its net income despite a 50% surge in revenue. Here are more highlights from the firm’s latest earnings.

3. One of the newer stapled trusts in Singapore’s stock market is Frasers Hospitality Trust (SGX: ACV), which owns hotels and serviced apartments in seven major cities in Asia, Australia, and the United Kingdom. The trust had announced its fiscal third-quarter results on Wednesday. Despite earning revenue that’s lower than forecasted, the trust was still able to achieve a higher distribution per unit than was previously estimated. Find out more in here.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Stanley Lim doesn’t own shares in any companies mentioned.