Markets & Investing
Far East Hospitality Trust's NPI climbs 6% to $25.1m on strong hotel growth
Far East Hospitality Trust's NPI climbs 6% to $25.1m on strong hotel growth
The hotel segment posted an 8.4% YoY higher revenue in 1Q24.
Don Agro International's Tetra to Dispose Shares Worth $67.1m
Tetra’s shares in four companies will be sold to Agroholding Prostory and DonTK.
Dasin Retail Trust receives property possession notice over outstanding debt
This refers to the offshore facility worth $430m.
Temasek Trust introduces TTFA for philanthropy advisory services
The initiative allows clients access to Temasek Trust’s ecosystem entities, such as CIIP and ACC.
MapleTree Industrial Trust’s NPI rises 0.6% on new acquisitions, leases
Despite higher NPI, MIT saw a 1.0% YoY dip in DPU.
CLI reports lower revenue of $650m in 1Q24
Its real estate investment business (REIB) revenue fell 4% YoY.
Digital Core REIT's net property income drops 9.5% in 1Q24
Distributable income also declined, dropping 2.4%.
CapitaLand India Trust's net property income surges 18% YoY in 1Q24
The REIT attributed the increase to higher property income.
Suntec REIT's distributable income dips 1.1% YoY in 1Q24
With lower income, the REIT also reported a 1.8% dip in DPU.
CapitaLand Malaysia Trust reports a 36.8% YoY jump in DPU
The firm’s distributable income also improved, rising 69.8% in 1Q24.
Singapore properties boost OUE Commercial REIT’s NPI by 6.9% YoY
These properties include Hilton Singapore Orchard.
FCT's net property income declines 8.4% YoY amidst asset changes
With lower NPI, FCT also recorded a decline in its DPU.
Ren Yuanlin steps in as Yangzijiang Financial CEO
He will succeed Teo Teow Heng.
Sustainability and agrifood sectors fuel Singapore startup growth
The verticals closed 16 and 13 deals, respectively, in 2023.
Tech startup incorporations drop to 25 in 2023 amid economic uncertainties
In 2022, there were 35 new company incorporations.
Investment volume drops 34.7% YoY to $4b in 1Q24
GLS tenders played a significant role in the investment volume.
Mapletree Pan Asia Commercial Trust NPI rises 15.2% to $727.9m in FY23/24
The REIT's Singapore portfolio helped boost its NPI.
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