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 | ||
26.26 SGD | +0.15% | -0.91% | -11.76% |
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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-11.76% | 7.62B | |
+12.70% | 876B | |
0.00% | 239B | |
+26.35% | 177B | |
-7.96% | 126B | |
+32.50% | 78.86B | |
-5.26% | 74.14B | |
-16.38% | 50.58B | |
-24.57% | 38.71B | |
+19.71% | 32.18B |
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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.