News
Singapore ranks 19th in global luxury retail rents in 2024
Singapore ranks 19th in global luxury retail rents in 2024
The city-state also ranked fifth in new store openings.
Daily Markets Briefing: STI up 0.72%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 4.04% increase.
Stoneweg EREIT secures unitholders’ approval for proposed stapling
The proposal will combine Stoneweg EREIT and Stoneweg European Business Trust.
Moneyhero Group narrows net loss by 78% in FY2024
This was driven by higher revenue from insurance and wealth products.
First REIT”s Q1 DPU down 3.3% to $0.0058
NPI dropped 2.8% YoY.
Far East Hospitality Trust’s NPI drops 8.3% in Q1
Gross revenue also declined by 6.8% YoY.
ST Engineering unit issues US$750m notes due 2030
This will be used to refinance existing loans.
Wilmar International's net profit grows 13.5% YoY in Q1
Revenue also increased by 3.3% to $20.9b (US$16b).
Keppel DC REIT subsidiary acquires green loan facility
Mandatory prepayment will be triggered if the company ceases to be a Keppel subsidiary.
Starhill Global REIT’s NPI up 0.5% YoY in Q3 2024/25
NPI for the period was $37.9m.
Singapore SMEs face highest borrowing costs in 2024
Approvals for loans above $300,000 accounted for only 3% in 2024.
JTC launches two new sites under the 2025 IGLS Programme
The sites were launched with an additional three-year tenure.
IREIT Global’s occupancy up 88.7% in Q1
The company linked this to new leases within its Spanish portfolio.
FIH posts $3.8m net loss in FY2025
Gross profit dropped 22.4% YoY.
Grab posts $10m profit in Q1
This improved from a $115m loss in the same quarter in 2024.
Daily Markets Briefing: STI up 0.01%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 2.64% increase.
Owner property listings dip in Q1 with weaker office and industrial supply
Retail listings remained stable.
Read Here
Advertise
Sign Up
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape