Moody’s downgrades Fraser Centrepoint Trust
Moody’s Investors Service has on Monday downgraded the Fraser Centrepoint Trust’s (‘FCT’) corporate family rating from A3 to Baa1. The rating remains on review for possible downgrade. ‘The downgrade reflects Moody’s views that FCT is unlikely to grow in the next two years to a scale and diversity that is consistent with its previous rating’, … Read more
Rent depends on their earnings
Popular eateries at East Coast Seafood Centre up in arms over NParks’ new rental scheme The more money you make, the more rent I will collect. That seems to be the message being sent out to tenants at the popular East Coast Seafood Centre by the landlord National Parks Board (NParks). And some seafood restaurants … Read more
Deferred payment scheme: Averting a crisis
Act now to contain any fallout from property purchases worth billions of dollars IN many ways, the credit crisis crippling vast tracts of the global financial system resembles a guerilla war. It is fiendishly difficult to work out exactly who the enemy is or where he might be lurking. It is deeply frustrating. Each time … Read more
