News
SPH buys UK student dorm portfolio for $237m
SPH buys UK student dorm portfolio for $237m
The portfolio spans three cities and has a total capacity of 1,243 beds.
Singaporeans' inflation expectations edged up to 3.1%: poll
Expectations across all categories of CPI-All Items inflation moved up QoQ.
2 in 5 firms fail to act on customer feedback: survey
Meanwhile, 10% of companies ignore feedback entirely.
Chart of the day: Auction listings skyrocketed 103.4% in Q1
Homeowners who found it difficult to dispose of properties following July's cooling measures turned to auction listings.
Daily Markets Briefing: STI up 0.19%
Expect muted gains today.
Daily Briefing: Grab to inject GrabFood into ride-hailing app; UOB bags $242m loan for Japan buy
And MOM eyes broadening its Adapt and Grow initiative.
SPH REIT's Q2 results get boost from Australia buy
It bought 85% of Figtree Grove Shopping Centre at a post-cost yield of 5.7%.
Property investment sales dropped 52% to $5.3b in Q1 2019
The 82% YoY drop in residential investment sales contributed the most to the decline.
STB ties up with Alibaba for Chinese traveller analytic tools
The collaboration aims to boost Chinese visitor arrivals and spending.
Hyflux sues would-be white knight SM Investments for ditching restructuring deal
The water firm is also claiming a $38.9m deposit placed into escrow.
Keppel Infrastructure Trust sinks into the red with $16.21m loss in Q1 2019
The $775m acquisition cost of Ixom hit profits hard.
DBS inks Belt and Road deal with Sinosure
Insurance firm Sinosure will provide credit insurance for DBS financing activities.
Keppel DC REIT's NPI up 26.8% to $43.23m in Q1 2019
The firm's data centre buys in Germany and Singapore pushed up earnings.
Daily Briefing: Land-starved Singapore makes room for urban farms in food security push; Hotel Properties acquires Marriott Hotel for $30.56m
And Tuas Checkpoint will soon feature a contactless immigration system.
Daily Markets Briefing: STI down 0.18%
Expect muted gains today.
Chart of the day: Visitor arrivals growth slows to 2% in January-February
Arrivals from China and the ASEAN region moderated.
New home sales ballooned 131.6% to 1,054 units in March
Ongoing projects like The Tre ver, Riverfront Residences and Parc Bottania saw strong market take-up.
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