News

Ascott Residence Trust's unit revenue grew 5% in 4Q2017

This was highly driven by a RevPAU growth of 22% in Belgium.

CDL Hospitality Trusts' room revenue rose 1.1% in 4Q2017

This was due to the 1.2% YoY increase to $186 in average daily room rate.

Singapore's overseas property investments surged 40% to $37.18b

It also rose to become the largest investor in the US market.

Ascott to increase global portfolio to 160,000 units by 2023

It plans to expand properties in China, Malaysia and Philippines.

Iceberg Research slams Noble debt restructuring deal

It urged creditors to "demand tougher conditions" and reject Noble's plan.

A third of workers expect salaries to climb 3-6%

Fortunately, nearly half of employers also intend to raise salaries by 3-6%.

Here's what Keppel O&M needs to come back to black

Higher demand for gas vessels in two to three years could drive contract wins to $4b-$5b.

Holland Road prime residential site for sale

The lone owner set a $110m asking price.

Parkway Life REIT's net property income inched up 0.2% in 2017

This is mainly due to a 6% decrease in property expenses.

Funan Mall's redevelopment to be completed before 4Q2019

This shows a potential boost for CMT’s 2018 profit.

Manufacturing output shrank 3.9% in December

The biomedical manufacturing cluster's output slumped by 34.7%.

Total employment shrinks for the first time in 14 years

The foreign workforce shed 32,000 due to less Work Permit Holders in construction and marine.