News
Auction listings rise 10% QoQ to 132 in Q3
Auction listings rise 10% QoQ to 132 in Q3
By property type, residential listings made up the majority at 77 (58.3%).
Daily Markets Briefing: STI down 0.23%; Top stock is Mapletree Logistics Trust Limited
Mapletree Logistics Trust Limited is the top stock with a 2.26% increase.
Asset manager Lighthouse Canton to invest $1.5b in India: report
It’s $1b in private credit and $500m in real estate over the next 3-4 years.
First REIT cites weak foreign exchange rates for 9M income drop
The firm’s investment decreased to $1.07b from $1.12b due to weakening Rupiah, Yen against Singapore Dollar.
JTC opens Pejuru Road site for three-year lease tenure
The lot is confirmed under the government land sales programme.
Keppel REIT posts $204.5m net property income in 9M
This is thanks to contributions from the firm’s Sydney, Australia portfolio.
Singapore’s focus areas for a resilient energy grid
New technologies are being developed for a sustainable grid.
Jardine Cycle & Carriage appoints new Group Finance Director
Fredy Lee will succeed Amy Hsu, who will serve as CFO of Astra International in Indonesia.
Mapletree Logistics Trust's NPI falls 3.2% YoY in Q2
This was mainly due to foreign exchange impact from weaker regional currencies.
iX Biopharma upsizes placement to raise $6.7m
It will fund expanses from its US expansion and purchase of new equipment amongst others.
IRENA launches new platform accelerating clean energy transition in ASEAN
APRESA will serve as a platform to mobilise financing for relevant projects.
CapitaLand Ascott Trust's Q3 profit up as income, occupancy steady
Its reinvestment into higher-yield assets offset mixed market performance.
Mapletree to build 33-storey commercial tower at HarbourFront
The redevelopment is expected to be completed by 2031
Cordlife writes response to MoH on blood bank suspension
The MoH plans to suspend Cordlife's blood banking licence for a year.
Daily Markets Briefing: STI up 0.23%; Top stock is Wilmar International
Wilmar International is the top stock with a 3.28% increase.
COTD: Real estate investment sales surge in Q3
It was dominated by the Residential sector.
iX Biopharma to raise at least $5m via OCBC share placement
Proceeds from the placement will be used for three key purposes, including 40% for U.S. market expansion.
Commentary
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The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections