Markets & Investing
Keppel REIT's distributable income dips 1.9% YoY to $160.6m in 9M24
It attributed the decline to higher borrowing costs.
Parkway Life REIT raises $180m in oversubscribed private placement
It will use part of the proceeds to fund the acquisition of 11 nursing homes in Europe.
Keppel Pacific OAK US REIT’s NPI dips 8.8% YoY on higher financing costs
The REIT's lower NPI also contributed to the decline.
Parkway Life REIT to acquire 11 nursing homes in Europe for $159.9m
The REIT expects to complete the acquisition by Q4 2024.
Intraco issues new digital securities denominated in SGD and USD
Both were issued under the SDAX CP Facility Programme.
Manual methods still dominate Singapore's sustainability efforts despite tech advances
Five in 10 firms rely on manual processes to measure sustainability performance.
Ben Kuang Marine to redeem $3.5m bond
The company has also proposed to issue up to $3.5m bonds due 2027.
Advanced Holdings subsidiary sells Advanced CAEKSA for $1
The transaction will be completed before 31 October 2024.
Securitisation seen as key for Singapore developers to enhance returns
DBS said restructuring could increase valuations by at least 20%.
COTD: APAC deal volume falls 6.8% amidst economic uncertainties and tensions
Singapore reported a 19.1% decline.
SGX RegCo reprimands Sunrise Shares Holdings former CEO and directors
The former executives breached Catalist rules 719(1) and 703(4)(a).
Sabana REIT’s Q3 occupancy rises to 84.9% on strong logistics demand
It secured 313,953 square feet of new leases.
Boustead Singapore obtains $156m green loan for Tuas Road warehouse
It expects to complete the redevelopment of the facility by early 2025.
ESR-LOGOS secures $225m and JPY15.5b sustainability-linked term loans
It will use proceeds from both facilities for corporate funding.
Keppel DC REIT's NPI rises 4.6% YoY, driven by strong lease reversions
It also recorded an improved DPU.
Interra buys Morella shares for $772,271
Interra said this will open opportunities in AUS and USA.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform