Markets & Investing
CICT NPI rises 6.3% YoY to $293.7M in 1Q24
CICT NPI rises 6.3% YoY to $293.7M in 1Q24
Gross rental income growth and lower operating expenses drove the uptick.
Singapore tops SEA fintech funding with US$372M
The city accounts for 70% of SEA's total funds raised.
Keppel DC REIT divests Sydney data centre for $152.1m
The agreed value is 148.6% higher than the original investment.
Higher financing costs impact Keppel Pacific OAK US REIT's income
The REIT's income available for distribution fell to US$11.9m in 1Q24.
Enterprise SG, Temasek, and BE launch funding for SEA climate tech
Participating researchers will receive an initial USD$500,000 grant.
Staple bags US$4m in pre-series A funding round
The company will use the funds for its expansion.
Three investment strategies to boost Singapore’s green lead
In 2023, Singapore made US$913m worth of private green investments.
Residential sector dominates 1Q24 investment with $1.79B
The sector's investment sales, however, dropped 48.5% QoQ.
Safe haven assets and equities draw Singapore investors' interest
Investors over 40 prefer Singapore stocks.
Elite REIT expands into UK living sector assets
The REIT will also change its name in due course as part of its expansion.
Mapletree Investments acquires 8,192 student beds in UK, Germany
The $1.7b deal will boost Mapletree's UK portfolio bed count to over 17,000.
Temasek opens Paris office to expand Europe footprint
With the addition of the Paris location, Temasek now has 13 offices in nine countries.
Sabana REIT aims for manager internalisation by 3Q24
The REIT has made progress in its Order 32 application.
Frasers Property Limited braces for profit dip, points to UK property woes
It expects to record fair value losses and impairment in 1H24.
IPO activity in Singapore still anemic in Q1
Southeast Asia only saw 38 new listings in Q1.
Investment sales to surpass $25b in 2024
Rising investor confidence drove higher transaction volumes in the retail and hospitality sectors.
Which sector received the most investments in Q124?
Shophouses mainly appealed to high-net-worth investors.
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