News
ESR China REIT raises $390m in Shanghai Stock Exchange IPO
ESR China REIT raises $390m in Shanghai Stock Exchange IPO
It had 800 million shares offered at $0.48 (RMB2.628) per share.
Construction demand could reach $53b in 2025: BCA
This is due to the expected awarding of contracts for large-scale developments.
Ascott expands Oakwood brand with 16 new property signings in 2024
The Oakwood portfolio now comprises nearly 100 properties.
Keppel DC REIT DPU climbs 13.2% YoY in H2 2024
This was driven by the acquisition of Tokyo Data Centre 1.
MAS eases monetary policy as core inflation forecasts drops to 1% to 2%
CPI-All Items inflation will average 1.5% to 2.5% in 2025.
Starhill Global REIT DPU up by 1.1% in H1 2024
It was due to higher contributions from Singapore and Perth Properties.
SCA and PSD2 compliance hurts Singapore business conversion rates: report
67% of affected businesses reported a decline in conversion rates by 11-20%.
ST Engineering secures five-year MRO contract with Korean Air
ST Engineering will provide quick-turn maintenance from its MRO facility in Singapore.
Most finance leaders worry about nonfinancial data integrity: EY
43% of Singapore finance leaders citing inconsistencies and 30% reporting difficulties related to data formats.
MAS extends Global-Asia bond grant scheme through 2029
Significant changes have been introduced to the scheme, including a per-issuance cap for eligible expenses.
Singapore office market growth to slow amidst occupier caution, rising supply
The influx of new developments may lead to a more competitive leasing environment and potential pressure on rental growth.
Sembcorp, DBS seen exceeding Q4 forecasts: report
Downside risks are anticipated for companies such as Wilmar International, and Singapore Exchange.
Daily Markets Briefing: STI up 0.63%; Top stock is SGX
SGX is the top stock with a 3.66% increase.
Singapore leads growth of APAC’s commercial real estate transaction volume
The country has a key position in APAC’s real estate market.
Singapore CPI records 2.4% increase in 2024
Expenses in healthcare and food went up significantly.
Industrial rents up 3.5% in 2024
This was a sharp decline from the previous year according to JTC.
China to lead inbound bookings to Singapore this Lunar New Year
The primary departure cities in China remain Shanghai, Beijing, and Guangzhou.
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