Markets & Investing
EC World REIT net property income down 7.8% in Q3
EC World REIT net property income down 7.8% in Q3
Revenue for the quarter also decreased by 7.1%.
Frasers Hospitality Trust's distributable income down 0.8% YoY despite higher NPI
NPI rose 5.5% YoY in H2 FY 2024.
BlackRock and MAS to launch debt program for decarbonization projects in SEA
They seek to raise around US$5b from public and private sources.
DBS CEO Piyush Gupta sells 300,000 shares for $12.6m
The CEO sold the shares in two separate transactions.
Singapore dominates SEA’s largest PE deals in Q3
Private equity deal value across the region went up 8% to U$6.1b QoQ.
Winking Studios proceeds with LSE listing at $0.26 IPO
The placing price per share represents an 11.3% discount.
Second Chance Properties to delist on 13 November
It was privatised by its founder and CEO.
Paragon REIT’s gross revenue climbs 3% despite tenant sales dip
Tenant sales in Singapore fell 3% YoY.
DHLT’s NPI rises 2.8% YoY to JPY3.7b in 9M FY24 on portfolio strength
Despite higher NPI, DLHT reported a 5.5% YoY lower distributable income.
United Hampshire US REIT's NPI slips 3.4% YoY as tenant transitions continue
NPI for the period was US$37.4m.
Bahrain draws US$100m Singapore investment
Firms invested in Bahrain’s finance, ICT, and tourism sectors.
Cohen & Steers buys 722,400 Digital Core REIT shares for US$437m
The acquisition increased Cohen & Steers’ stake in the REIT to 8.01%.
CapitaLand Investment revenue hits $2.10b in 9M 2024
Its Fee Income-Related Business drove the increase.
Manulife US REIT divests property in California for US$117m
Divestment proceeds fully repaid the REIT's US$130.7m loan due 2025.
SIA Engineering’s H1 profit rises 16% YoY as MRO demand recovers
The company declared an interim dividend of $0.020 per share.
APAC tech M&A values poised for growth, recent Singapore deals suggest
Singapore tech deals from Q1 to Q3 were valued at $3.0b, despite a 13% volume decrease.
Singapore leads APAC data center investments as AI drives demand
APAC data center investment volumes reached $3.7b in YTD Q3 2024.
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