News
Parkway Life REIT raises $180m in oversubscribed private placement
Parkway Life REIT raises $180m in oversubscribed private placement
It will use part of the proceeds to fund the acquisition of 11 nursing homes in Europe.
Keppel Pacific OAK US REIT’s NPI dips 8.8% YoY on higher financing costs
The REIT's lower NPI also contributed to the decline.
OUE unit to issue $50m green notes at 4% due 2029
These new notes will be consolidated with the existing $150m green notes issued on 8 October.
CapitaLand Ascott Trust divests Tianjin property at above book value
After the divestment, CLAS will only have four properties in China.
Parkway Life REIT to acquire 11 nursing homes in Europe for $159.9m
The REIT expects to complete the acquisition by Q4 2024.
EMA awards Energy-Industry Scholarship to 8 engineering students
The scholarship covers tuition fees and a one-time allowance of $1,200 for course-related expenses.
EMA, NTU, and Enterprise SG develop playbook on Scope 2 emissions reduction
The first two sections of the playbook are available for digital viewing.
G.H.Y Culture & Media unit to co-produce a drama series with iQIYI
The new drama series will be a sequel to Strange Tales of Tang Dynasty
Keppel Infrastructure Trust's distributable income falls to $106.1m in 9M2024
Its environmental services segment also saw a 16.4% decrease.
Intraco issues new digital securities denominated in SGD and USD
Both were issued under the SDAX CP Facility Programme.
MPA and IRENA ink MoU to boost energy transition for maritime and port sectors
The partners will help countries to shift to clean energy via training programmes.
Singapore ranks 5th most globally connected and influential city
The city rose from 7th place last year.
UOI profit before tax decline 2% to $22.1m in 9M2024
Still, its insurance revenue rose by 14% to $79.4m.
COTD: Industrial sales volume in Q3 rises after Fed rate cut
The rising manufacturing activity may also drive industrial property sales.
Daily Markets Briefing: STI down 0.49%; Top stock is Jardine C&C
Jardine C&C is the top stock with a 1.80% increase.
SG proposes int'l committee for SICC to hear global civil appeals
The committee will have ad hoc members from foreign courts referring appeals
SG prime office rents 2nd highest in APAC at $165 per square foot
The vacancy rate stabilised at 6.6% during Q3.
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