News
Cromwell E-REIT repurchases €50m in bonds due November 2025
Cromwell E-REIT repurchases €50m in bonds due November 2025
The repurchase represents 10% of the initial aggregate principal amount of the bond.
CapitaLand Ascott Trust divests 3 hotels in Osaka, Japan for $99.8m
The trust will recognise a net gain of $10.1m from the divestment.
Singapore Airlines Group’s passenger volume rises 28.6% YoY in November
SIA and Scoot carried around 3.1 million passengers during the month.
SG, Japan to establish a green and digital shipping corridor
Under the partnership, the Maritime Port Authority will work with six Japanese ports.
Non-oil domestic exports rise 1.0% YoY in November
Enterprise Singapore attributed the increase to a low base a year ago.
Developer sales soar by 286.2% MoM to 787 units in November
November saw the highest number of units launched for sale since July 2023.
SG’s deal volume drops 20.4% YoY in 11M23
Multiple APAC markets also recorded declines in deals.
Prime office, industrial rental growth to subside in 2024, says expert
Retail is poised to buck the trend.
Singapore, Shenzhen launch 14 smart city projects
The partners also inked eight MOUs.
Sheffield Green rebounds from loss with $4.6m net profit in FY23
Given the improved financial performance, it proposed a final dividend of $0.01 per share.
How did the office market perform in 2023?
In 2023, Grade A office rents grew by 1.7% YoY.
Manulife REIT shareholders greenlight recapitalisation plan
The shareholders voted on the proposed plan on 14 December.
ST Engineering unit bags contract to upgrade Formidable-class frigates of MINDEF
The company expects to complete the upgrade of the first frigate in 2028.
BSL shareholders vote in favour of acquiring Boustead Projects’ shares from Wong Fong Fui
The shareholders also approved the acquisition of the shares from Wong’s children.
Christopher Albrecht takes seat as Sun Life S’pore’s CEO
Albrecht will lead the strategic and operational aspects of Sun Life Singapore's business.
Dasin Retail Trust to hold EGM on internalisation of the trustee-manager
Fifteen investors have proposed to remove Dasin Retail Trust Management as trustee-manager of DRT.
Tee International to acquire signage specialist Carats&Co for $14m
The company will acquire all shares of Carats&Co in two tranches.
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