News

Frasers Centrepoint Trust Q2 NPI up 6.9% to $34.8m

The revamp of Northpoint City North Wing allowed it to recover revenue.

Suntec REIT Q1 net property income up 1.9% to $62.99m

It was boosted by higher revenue from Suntec Singapore and Suntec City Mall.

Outlook on real estate reaches an 8-year high at 7.1 points

But market players are growing worried about risks like rising interest rates and oversupply.

CapitaLand Commercial Trust loses 85% of Bugis Village's value

It will be returned to the State on 1 April 2019.

Chart of the Day: COE premiums fall alongside lower transport costs

Motor traders attributed the lower COEs to the oversupply of vehicles such as taxis and private-hire cars, and new Vehicular Emissions Scheme.

Daily Markets Briefing: STI up 0.14%

Investors are urged to remain cautious today.

Frasers Logistics and Industrial Trust's European debut to boost DPU: analysts

FLIT bought 21 industrial properties in Germany and the Netherlands from its sponsor.

Singapore launches B2B app and digital system for F&B companies

It said these will help firms to get new overseas opportunities.

Mapletree Commercial Trust year-end NPI jumped 15.9% to $338.85m

VivoCity and MBC I contributed higher revenue due to step-up rents.

Bangladeshi firm Summit Power delays nearly US$300m IPO

It cited recent market volatility as the cause.

Temasek eyes opening private equity to retail investors

Sources said it plans to launch an asset-backed security through Azalea Investment Management.

ST Engineering Land Systems' Chinese unit files for bankruptcy

It failed to sell its assets due to weak industrial demand.

2 in 3 shipping bosses look to e-commerce for digitising their firms

The other sectors they looked to were the transport and fintech & banking sectors.

CapitaLand Commercial Trust NPI up 10.5% to $77.2m in Q1

It received higher income from Asia Square Tower 2, Capital Tower, and 6 Battery Road.

Mapletree Industrial Trust year-end NPI up 8.1% to $277.6m

Revenue was higher thanks to contributions from its build-to-suit project for HP.