Singapore
Outlook on real estate reaches an 8-year high at 7.1 points
Outlook on real estate reaches an 8-year high at 7.1 points
But market players are growing worried about risks like rising interest rates and oversupply.
The Ascott Limited ramps up expansion efforts to tap corporate travel market
The serviced residence operator has over 2,000 units in 13 properties in its portfolio.
Serviced Residences Rankings: Foreign housing demand kept serviced-residences running
This is despite tougher competition against sharing economy-rooted services.
CapitaLand Commercial Trust loses 85% of Bugis Village's value
It will be returned to the State on 1 April 2019.
Daily Briefing: ComfortDelGro held talks with Indonesia's Go-Jek for collaboration; PM appoints new trade minister in Cabinet reshuffle
And here are two sites that launched en bloc sale this week.
Chart of the Day: COE premiums fall alongside lower transport costs
Motor traders attributed the lower COEs to the oversupply of vehicles such as taxis and private-hire cars, and new Vehicular Emissions Scheme.
Daily Markets Briefing: STI up 0.14%
Investors are urged to remain cautious today.
Frasers Logistics and Industrial Trust's European debut to boost DPU: analysts
FLIT bought 21 industrial properties in Germany and the Netherlands from its sponsor.
Singapore launches B2B app and digital system for F&B companies
It said these will help firms to get new overseas opportunities.
Mapletree Commercial Trust year-end NPI jumped 15.9% to $338.85m
VivoCity and MBC I contributed higher revenue due to step-up rents.
Flawed innovation system dents Singapore's preparation for automation
It trailed behind South Korea and Germany in terms of automation readiness.
Oxley and SLB Development buy Pei Fui industrial building for $76.25m
They intend to redevelop the property.
ESR REIT buys ramp-up logistics facility for $95.8m
This boosted the REIT’s exposure to the logistics sector to 27.1%.
JTC launches two sites in Tuas South Link 3
It also began the tender for a reserve list site in Tuas South Link 1.
Bangladeshi firm Summit Power delays nearly US$300m IPO
It cited recent market volatility as the cause.
Temasek eyes opening private equity to retail investors
Sources said it plans to launch an asset-backed security through Azalea Investment Management.
ST Engineering Land Systems' Chinese unit files for bankruptcy
It failed to sell its assets due to weak industrial demand.
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