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The prominent Clementi Mall in Singapore has changed hands, with Cuscaden Peak Investments selling the property to The Elegant Group for a hefty sum of S$809 million. The Elegant Group’s Expanding Portfolio The Elegant Group, a business entity associated with…
Cuscaden Peak Investments has made the decision to put the Clementi Mall, located in Singapore, on the market. The asking price for the suburban, mid-range shopping hub is expected to be around S$750 million, as per sources privy to the matter. Property…
Higher rental income has helped boost first-quarter turnover at SPH Reit, which owns two malls, Paragon in Orchard and The Clementi Mall in Clementi. Both properties continued their track record of full occupancy amid headwinds in the retail environment, says…
Singapore-based Japanese restaurant chain Japan Food Holding achieved 10.8 per cent growth in net profit for the six months to September 30. This took its net profit to S$2.7 million (US$1.95 million) on the back of a 5.5 per cent increase in revenue to…
