Thursday, May 25, 2017
Wednesday, May 24, 2017
Monday, May 22, 2017
Sunday, May 21, 2017
Hoosier's note: I had a great shopping experience at Sears in the 1980s when I studied in the US of A. At that time, there was a builing called the Sears Tower (name after Sears for being the biggest Tenant of the building), in Chicago, which was the world's 3rd tallest building in the 1980s. I had also visited the then Sears Tower and visited the observation deck (which had been redesigned and is now called the Skydeck Chicago).
Sunday, May 14, 2017
Saturday, May 13, 2017
Thursday, May 11, 2017
Wednesday, May 10, 2017
Tuesday, May 09, 2017
Hoosier's note: On Page 12 of the Presentation of the 1Q2017 results, PREHL reported that it had sold a number of office units, at AXA Tower, at an average price of about S$2,559 per square foot.
From the record, the AXA Tower was acquired at S$1.17 billion or S$1,735 per square foot in January 2015.
Hence, the average gross profit from the sale of the office units is S$824 (S$2,559 - S$1,735) per squre foot.
After deducting the cost relating to the AEI (Asset Enhancement Initiatives), I believe PREHL is making good money on the Strata-Title Sale of the offices at AXA Tower.