Markets & Investing

CapitaLand Investment’s revenue dips 3% YoY to $2.1b in 9M23

CLI’s real estate investment business weakened during the period.

CapitaLand Investment’s revenue dips 3% YoY to $2.1b in 9M23

CLI’s real estate investment business weakened during the period.

EC World REIT’s distribution per unit drops 32.8% YoY in 3Q23

The REIT also reported lower net property income and gross revenue during the period.

Singaporean investors pour more capital on APAC properties in 1H23

Inbound capital flow in APAC from SG in 1H23 was 3% higher than its three-year average.

Frasers Hospitality Trust's DPS rises 49.3% YoY in FY23

Gross revenue and NPI also improved during the period.

Early-stage companies account for 78% of deals in SG in 9M23

There have been 358 deals in the first three quarters of the year.

Niks Professional's IPO subscribed 1.8 times

The company received 213 valid applications for 1 million public offer shares.

Far East Hospitality Trust's net property income soars to $28.1m in 3Q23

The 3Q23 NPI is 42.4% higher than the 3Q22 record of $19.7m.

Singapore’s IPO scene under threat from US, Australia

In 2023, homegrown firms such as Simpple and Ohmyhome chose to list in the US.

Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23

Given the decline, the REIT proposed a 14.0% YoY lower DPU.

Yangzijiang CEO Vincent Toe to end term on April 2024

Executive Chairman Ren Yuanlin will replace Toe.

4 key goals wealthy families are prioritising

Fifty-nine per cent of family offices in Asia are in Singapore, according to KPMG.

Data centre S-REITs take the spotlight as investors ride AI wave

There are two REITs with substantial data centre assets in Singapore.