Commercial Property
Centurion’s profit climbs 125% YoY in FY2024
Centurion’s profit climbs 125% YoY in FY2024
The company has recommended a final dividend of $0.02 per share.
Ching Shine Industrial Building for collective sale at $113m
The freehold industrial property consists of 52 strata units.
JTC launches two sites under IGLS Programme
The sites are open for tender until 22 April.
CDL’s PATMI sinks 36.5% YoY in FY2024
Revenue for the period dropped 32.6% YoY.
City Developments Limited requests a trading halt
It was requested on 26 February, 8:02 am.
PropNex’s FY2024 net profit drops 14.4% YoY to $40.2m
The decline was due to lower commission income from project marketing services.
CapitaLand unveils Community Resilience Initiative
The initiative will operate across China, India, Singapore, and Vietnam.
CapitaLand India Trust to buy 1.13 million sq ft office project in Bangalore
Net profit from the acquisition is expected to be $7.7m.
ESR-REIT prices $100m fixed rate notes
The offer will be issued under the $750m Multicurrency Debt Issuance Programme.
Heeton Holdings posts profit for FY2024
The company saw a double-digit increase in revenue.
Prime US REIT’s distributable income drops 48% YoY in H2 2024
The REIT credited the drop to divestments and lower property contributions.
United Hampshire US REIT's NPI slips 1.6% YoY in H2 2024
NPI for the period was $32.7m (US$24.4m).
Two District 1 properties along Hongkong Street up for sale
The properties are located at 7 and 36 Hongkong Streets.
Manulife US REIT divests New Jersey property for US$40m
Divestment proceeds will repay 19% of 2026 debt.
Manulife US REIT’s FY2024 NPI drops 30.3% YoY
DPU also dropped 43.9%.
Retail vacancy rate falls to 10-year low with strong demand in 2024
Demand may rise with tourist arrivals in 2025 but could be offset by outbound travel.
Commentary
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To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’