Daily Briefing: Singapore GIC acquires European warehouse group; NEA raises household garbage collection fees

And here are 3 cheapest European destinations for Singaporeans.

Singapore's wealth fund GIC has bought a top European warehouse developer and manager for 2.4 billion euros in Europe's biggest real estate transaction this year. According to a joint statement by the four companies, GIC has acquired P3 Logistic Parks from US-based TPG Real Estate and Canada's Ivanhoe Cambridge. Read more here.

The National Environment Agency is raising the refuse collecton fees for households in Singapore starting next year due to high operating costs. The monthly fees will increase to $8.25 for households living in HDB flats and condominiums that have not opted out of the public waste collection scheme, compared to the previous $7.49. Those living in landed homes will see their fees go up from the current $24.81 to $27.47. Get to know the full story here.

A trip to Europe would usually end with maxed out credit cards and pile of shopping bags. But a Euro trip doesn't have to be expensive. Get to know three of the most beautiful European destination that would not cost that much for Singaporeans by clicking this link.

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