News
Chart of the day: Strata retail gears up for a comeback
Chart of the day: Strata retail gears up for a comeback
Reopening of the retail sector spurred interest in strata retail spaces.
Market update: STI up 0.52%
City Developments Limited was at the top.
2 in 3 Singaporean financial services professionals mulling leaving jobs
Demand for financial services professionals shoots up by 76% in the country.
Prime Freehold Corner F&B unit up for sale: CBRE
The unit is located at 2 Greenwood Avenue.
Manulife US REIT’s net income rises 2.8% YoY to US$57.6m in H122
The REIT said higher car park income was amongst the factors that drove the increase.
Ascott acquires first lyf-branded co-living property in Tokyo
The property will be acquired through the Ascott Serviced Residence Global Fund.
IMDA bares 3 new 5G projects awarded under its innovation programme
These include holomedicine capabilities, cinematic AR experience, and smart glasses.
ARA H-Trust’s net income soars 131% YoY to US$21.1m in H122
The increase was on the back of the trust’s higher revenue and gross operating profit.
July posts 33 million-dollar flats sold – second-highest in a month
This number accounts for 1.4% of the total resale volume in July.
Bunker fuel contamination in SG port is unintentional: MPA
It has concluded the probe on the contamination incident.
Prime US Reit’s net property income up 9.7% in H1 22
The net property income was at $70m (US50.8m).
DBS net profit down 3% in H1, but Q2 profits second-highest in history
The bank is expected to benefit from rising interest rates, says CEO Piyush Gupta.
CBD Grade A office rents demand up by 0.4% in Q2 22
Net demand for offices amounted to 136,00 square feet.
Market update: STI up 0.46%
Top gainer is Sembcorp Industries.
Singapore, Colombia partner for carbon credits framework development
This is in line with their commitment to Article 6 of the Paris Agreement.
Keppel O&M uses maritime smart glasses solution in Singapore yard
This will improve the efficiency of the company’s remote operations.
Ascendas REIT’s net income increase 7% YoY to $476.9m in H1 22
The increase was driven by contributions from its newly acquired properties.
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