Apartment sales and rental income accounted for a quarter of SPH’s $1.4 billion operating revenue last financial year, and the firm is currently building a mall in a western suburb of Singapore that will open early next year. Full story
SPH eyes malls, says magazines a growth business
Theedgesingapore.com, 30 Dec 2010
Singapore Press Holdings (SPH) (SPRM.SI) is eyeing further investments in real estate, in particular shopping malls that will provide recurring income, but media will remain the firm’s core business, its chief financial officer said.
Apartment sales and rental income accounted for a quarter of SPH’s $1.4 billion operating revenue last financial year, and the firm is currently building a mall in a western suburb of Singapore that will open early next year. Full story
Apartment sales and rental income accounted for a quarter of SPH’s $1.4 billion operating revenue last financial year, and the firm is currently building a mall in a western suburb of Singapore that will open early next year. Full story
