M&G Real Estate signed a sale and purchase agreement to acquire Four Car Showrooms in Singapore from Jardine Cycle & Carriage Limited (SGX:C07) on October 23, 2022. The four properties include 201,057 SF JC&C's regional headquarters at 239/241 Alexandra Road in Bukit Merah, seven-storey facility at 301 Alexandra Road, a 356,803 square foot industrial complex near Jurong Lake District and a two-level Pandan Loop facility located within an industrial estate near Singapore's west coast. The four properties generated an annual income of SGD 25.9 million.
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5-day change | 1st Jan Change | ||
26.22 SGD | -0.61% | -2.49% | -11.90% |
Mar. 01 | Norway wealth fund sells stakes in 3 Jardine firms on environment concerns | RE |
Feb. 28 | Jardine Cycle & Carriage's 2023 Attributable Profit Nearly Doubles on Record Astra Unit Growth | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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-11.90% | 7.66B | |
+13.05% | 878B | |
0.00% | 239B | |
+24.73% | 174B | |
-7.11% | 127B | |
+30.14% | 81.93B | |
-3.89% | 75.21B | |
-15.83% | 50.92B | |
-24.15% | 39.43B | |
+19.91% | 33.5B |
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- M&G Real Estate signed a sale and purchase agreement to acquire Four Car Showrooms in Singapore from Jardine Cycle & Carriage Limited.