Daily Briefing: GLP to shortlist at least 3 bidders; UOL sells 200 units at The Clement Canopy

And here are five airlines with the most comfortable economy seats.

Global Logistic Properties Ltd. has shortlisted at least three groups in the bidding for the Singapore-based warehouse operator, people with knowledge of the matter said. GLP invited a management-backed consortium that includes Chinese investment firms Hillhouse Capital Management and Hopu Investment Management to study detailed information on the business, the people said, asking not to be identified as the information is private. The industrial property developer, which has a market value of $8.8 billion, also granted due diligence to Blackstone Group and a separate Warburg Pincus-led investor group, the people said. Read more here.

UOL Group and Singapore Land sold 200 of the 250 units released across all unit types at The Clement Canopy over its launch weekend. The Clement Canopy is a 50:50 joint venture between UOL Group and Singapore Land. It is the first condominium project that come to the market this year. The 99-year leasehold project comprises two 40-storey blocks with two- to four-bedroom units from 635 sq ft to 1,539 sq ft. The average price ranges from $1,330 psf to $1,360 psf. Get to know the full story here.

How often do you fly on Economy Class when jetting out of Singapore for those well-deserved holidays with your loved ones? Flying around the world in Economy cabins certainly does not have to be a subpar experience if you fly with the right airline, and hopefully the right aircraft. An extra inch of seat pitch or seat width don't sound like much, but it can make a world of a difference to travellers on long-haul flights or passengers who could do with a tad more space on board to remain comfortable. Check out the five airlines with the most comfortable economy seats here.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia