A freehold hotel development site in the Orchard Road precinct is up for sale, for above $155 million. JLL’s Hotels & Hospitality Group and Cushman & Wakefield are joint exclusive advisers to Lucrum Capital for the sale of the site.
GUOCOLAND'S net profit attributable to equity holders rose 24 per cent to S$183.7 million for the fourth quarter ended June 30, up from a restated S$147.5 million in the year-ago period, it announced on Friday.
