News

CapitaLand Malaysia Trust posts RM33.2m NPI for Q4 2021

The NPI was marginally lower than the previous year.

Keppel posts highest net profit in 6 years of $1.02b

As a result, Keppel proposed a final cash dividend of 21 cents per share.

CDL Hospitality Trusts NPI up 24.1% YoY to $49.13m for H2 2021

Distribution per stapled security and total distribution faced dips of 11% and 10.6%, respectively.

Occupancy rate stands at 90.1% in Q4 2021: JTC

This was unchanged compared to the previous quarter.

7 in 10 SG workers feel unready with working digitally: Salesforce

However, only 29% were actively involved in digital skills training.

Ascott Residence Trust DPS up 43% YoY to 4.23 cents for FY2021

Distribution income in the same period also jumped by 46% YoY to $137.3m.

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.

CICT’s net profit rises to $478.92m in H2 2021

This pushed the trust’s distributable income to $259.7m.

DBS acquires Citi’s Taiwan consumer banking business

DBS will pay Citi in cash for the net assets plus a premium of S$956m.

Industrial prices and rent to increase between 3% to 5% in 2022

In 2021, price and rent indices increased by 4.4% and 2%, respectively.

4 of 5 Singapore employees want four-day workweek and flexibility

More than half of the professionals are working beyond the 44-hour workweek standard.

Market update: STI down 0.38%

Sembcorp Industries was seen with the most growth.

Keppel REIT YoY unit distribution grows 9%

Units distributed amounted to $212.1m, including capital gains distribution of $2.0m.

Keppel DC REIT DPU up 7.4% to 9.85 cents for FY 2021

The group’s portfolio remained stable throughout the year with an occupancy rate of 98.3%.

ESR-REIT gross revenue grows 5% for FY21

The amount available for distribution also increased 15.4% YoY to $114.4m.