News
Acrophyte Hospitality Trust’s NPI down 4.0% YoY in 9M 2024
Acrophyte Hospitality Trust’s NPI down 4.0% YoY in 9M 2024
The decline was attributed to recent divestments and asset enhancement initiatives.
Cohen & Steers buys 722,400 Digital Core REIT shares for US$437m
The acquisition increased Cohen & Steers’ stake in the REIT to 8.01%.
KSH Holdings warns of net loss in H1 2025
The company attributed the loss to losses from property development projects of associates and joint ventures.
F&B sales up 1.6% YoY in September
Total sales value reached $978m.
Private resale prices may rise as housing stock declines, says expert
Condo completions will decline to around 5,300 units in 2025.
Daily Markets Briefing: STI up 0.6%; Top stock is ST Engineering
ST Engineering is the top stock with a 2.42% increase.
Manulife US REIT occupancy rate drops to 77% in Q3
The decline was due to the lower occupancies in Secaucus and Jersey City properties.
Rental market sees private demand rise and public leases weaken
HDB leasing volumes to decline to around 36,500-38,000 units in 2024.
LTA to test autonomous minibuses on complex routes
The government said it is also open to deploying robotaxis.
Amos Group loses free float as PeakBayou and allies hold 91.06%
PeakBayou aims to take the company private.
High-zone office in GB Building hits market for $12.7m
The guide price translates to approximately $2,350 psf on the strata area.
Transit-oriented developments reshape land use, drive demand for integrated spaces
It creates demand for mixed-use environments.
Frasers Hospitality opens first hotel residence in Northern Vietnam
The development comprises 88 fully furnished serviced apartments.
CapitaLand Investment revenue hits $2.10b in 9M 2024
Its Fee Income-Related Business drove the increase.
GuocoLand prices $200m notes due 2027 at 3.307%
The developer plans to issue the notes on 15 November on SGX-ST.
OCBC taps LTA for blockchain payment pilot in construction projects
Over S$22m has been disbursed under the pilot.
Manulife US REIT divests property in California for US$117m
Divestment proceeds fully repaid the REIT's US$130.7m loan due 2025.
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Commentary
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