Markets & Investing
CLI to acquire 40% stake in SC Capital Partners for $280m
CLI to acquire 40% stake in SC Capital Partners for $280m
CLI will fully acquire SC Capital Partners by 2030.
Singaporean investors seen raising US market allocation to 22% after Trump election
Due to interest rate changes and Trump’s economic policies.
Government land sales market activity to remain steady in 2024 amidst strong developer interest
Total investment increased 30.2% to $8.2b.
Keppel DC REIT manager launches $985m equity fundraising for acquisitions
It acquired two data centres at 82 Genting Lane.
Singapore stock valuation may gain 20% with CPF fund reallocation: report
It will also likely boost returns to CPF members, Morgan Stanley says.
Singapore deal volume drop 17.6% in 10M 2024
Overall APAC deal volume dipped 4.8%.
Keppel Infrastructure Trust to buy 50% stake in Keppel Marina East Desalination
As the sponsor, this will entitle Keppel Infrastructure Trust to 100% economic benefit from MEW.
Patec Group’s offer to Broadway Industrial turns unconditional
The group’s offer has exceeded 50% of voting rights.
S’pore investors boost crypto confidence despite security and custody concerns: report
Sixty-five percent of Singapore investors reported an increased risk appetite for the asset class.
Link REIT adds two independent directors to board
One of the new directors is the manager of Mapletree Industrial Trust.
Hongkong Land’s Q3 profit rises on China build-to-sell completions
However, the company will no longer pursue new standalone build-to-sell projects.
Wavemaker Partners launches $40.37m fund for SEA Series B startups
It aims to back eight to 12 companies, investing between $4m to $10.76m.
Over 1 in 2 Singapore firms plan overseas expansion in 2024
The top markets for expansion are Vietnam, Indonesia, and Thailand.
Singapore commits US$500m to boost Asia’s green and transition projects
The government will also examine strategies for advancing carbon markets.
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.
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