News
Ascendas REIT buys Sydney logistics property for $21.1m
Ascendas REIT buys Sydney logistics property for $21.1m
The consideration is 19.8% lower than the site’s market valuation of $28.24m.
Meet Southeast Asia's game changers at SBR's Asian Business Case Studies Awards
Use cases saw a telco working on Singapore’s Night Festival as well as Thailand’s leading procurement specialist.
Daily Briefing: Electricity tariff to fall 15% from July to September; Qualee raises $1.4m from Tandem Technology Partners
And B Capital closes second fund at $1.14b.
Chart of the day: Median price for non-landed homes dips to $1.2m in May
This is said to indicate a rise in demand for more affordable units.
Daily Markets Briefing: STI up 0.78%
DBS led the gains amongst top active stocks with a 1.2% expansion.
ARA Venn raises $312.93m from institutional investors
This is the first close of its whole loan European real estate debt fund.
Cisco unveils 0% interest financing programme
The programme is said to provide SMEs access to technological enablers.
SGX to introduce FTSE Taiwan Index futures
This is said to enable global investors to gain exposure on Taiwan stocks.
ESR-REIT signs new tenants at 8 Tuas South Lane
The two tenants have leased 26.9% and 10.3% of total net leasable area.
Olam secures $522.49m European revolving credit facility
The facility has a 364-day tenor and is guaranteed by the firm.
Bharti Airtel to sell 25% of its data centre business to Carlyle Group
Terms will come once the latter’s subsidiary completes its $327.47m investment into Nxtra.
ZEDRA acquires BNP Paribas Singapore Trust
It will be renamed to Zedra Trustees (Singapore) Limited.
Top telecoms' returns down 10% YTD
Its three-year average returns also dipped 10%.
HDB resale prices up 0.2% in Q2
Prices of HDB resale flats had remained stable over the last two quarters.
Private home prices slid 1.1% in Q2: URA
This represents a second consecutive quarter decline in the prices of private homes.
Payment delays ease in Q2
The retail and services sectors continue to drag prompt payments, whilst others recover.
MatchMove, JustLogin collaborate to digitise HR solutions
This is said to enable employees to adopt digital payments.
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