News
Ascott REIT completes acquisition of 4th student accommodation property in the US
Ascott REIT completes acquisition of 4th student accommodation property in the US
The aggregate purchase consideration of the property was $39.5 m.
SGX records net profit of $221.8m in H1 FY2022
Adjusted EBITDA was at $309.6m.
Ascendas REIT total amount for distribution up 17% YoY to $630m
A record $2.1b worth of new investments were seen across the business space.
Market update: STI up 1.15%
Venture was seen with the most growth.
Fintech investments reach record-high of 191 deals in 2021
Around $5.3b of investments in the industry were recorded.
ComfortDelGro increases taxi fares for the 1st time in 10 years
The move aimed to help cab drivers defray higher operating costs.
94% of SMBs eye adoption of new payment methods in 2022
Most consider using e-wallet apps.
Singapore has the most women CEOs in the world: Deloitte Global
Of the CEOs in Singapore, 13.1% are females.
Keppel Infrastructure Trust invests in Aramco
KIT, together with two others, will invest $336.08m.
CBD Grade A office rents projected to grow 4.6% in 2022
SG's positive economic outlook pushed the office market this year.
COVID slashes $0.2m from FLCT’s distributable income
The pandemic, however, had no material impact on the REIT’s portfolio.
MAS slaps $930m additional capital requirements for DBS
This comes after the bank’s digital services went offline in November.
Market update: STI up 0.79%
Jardine Matheson Holdings was seen with the most growth.
Strata commercial market achieves record-highs in 2021
Amongst records set was the $1.2b total sales value in the strata office market.
S-REITS see shaky performance in 2022
The previous year saw 6% in total returns for 2021.
Singapore REITs vs Malaysian REITs: Which will be better to invest in this 2022?
RHB said both are financially stronger to cope with increasing interest rates.
Tenant sales in CICT’s downtown malls reach pre-pandemic levels of 85%
UOB Kay Hian said tenant sales will enhance further this year.
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