Singapore
Chart of the Day: Will hospitality REITs recover in the next 2 years?
Chart of the Day: Will hospitality REITs recover in the next 2 years?
Distribution per unit is expected to grow 4%.
Daily Briefing: WeWork eyes more flex work spaces in Singapore; Singapore to benefit from buyout fever in SEA
And here's a crypto exchange that is putting everything on the blockchain.
Daily Markets Briefing: STI down 0.44%
Don't expect gains today.
Singapore's flexible office market jumped 17%
Average desk rates hit $558.
JLL to grant $133.3m to global proptech startups
Startups that venture on management and leasing may apply.
Financial firms are willing to pay business planners $98,000
About 95% of employers could raise salaries by 10% to keep talent.
Gilstead Court in District 11 up for en bloc sale at $168m
It can be redeveloped into a five-storey boutique development.
Elizabeth Towers in Orchard Area up for en bloc sale at $610m
It can be redeveloped into a 36-storey residential property.
Entertainment spending to grow 3.5% to US$6.7b in 2022
But growth is still below the GDP’s pace and competition keeps getting tougher.
Philips and Singapore Institute of Advanced Medicine Holdings open $100m biomedical hub
Its facilities are set to be completed by end-2019.
Asia's M&A deals jumped 27.2% to US$451.8b
China's outbound deals jumped 124.9% and boosted regional growth.
ComfortDelGro bookings jumped 9% after Uber's exit
The number hit a three-year high.
Far East Hospitality to open 3 Sentosa hotels in 2019
The three properties will have 839 keys in total.
Temasek arm launches first listed PE bonds for retail investors
Three classes are available at 4.35%, 5.50%, and 6.75% fixed interest rates per annum, respectively.
Ascendas-Singbridge and Temasek co-invest $400m in Indian industrial assets
They launched a programme that aims to buy 15 million sqft of space.
APAC Realty buys $72.8m Toa Payoh property as HQ
The property will have training theatres, a premium VIP lounge, and more office spaces.
Market crash could cost Singapore US$1.3b: report
It is the biggest threat that the city could face.
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