News

Anti-money laundering bust affects shophouse sales

In 1Q24, shophouse deals rose 31% QoQ but fell 34% YoY.

Investment volume drops 34.7% YoY to $4b in 1Q24

GLS tenders played a significant role in the investment volume.

APAC Realty partners with Upper Room Realty for Philippine expansion

The Philippines is APAC Realty’s 13th country in its Asia Pacific portfolio, and the 40th globally.

United Overseas Insurance revenue rises 6% YoY in Q1’24

The company saw its net earnings reach $8m during the quarter.

CLCT's net property income hit by lower logistics park earnings

The REIT reported a 7.7% YoY lower NPI of RMB313m in 1Q24.

CapitaLand Ascott Trust's profit up 15% YoY in 1Q24

The REIT attributed the increase to stronger operating performance.

SGX-listed Aztech Global’s earnings up 18.7% in Q1

The growth was recorded despite a 20.4% decline in revenue.

OUE REIT secures $600m sustainability-linked loan

The REIT will use the loan to repay debt due in 2025.

First REIT DPU down 3.2% in Q1

Foreign exchange rates and interest rates impacted First REIT’s financials in the first quarter of 2024.

2 in 3 Gen Z firms on remote work requirement

The sentiment extends across all age groups.

Daily Markets Briefing: STI up 1.47%; Top stock is DBS

DBS is the top stock with a 1.614% increase.

Singapore strikes a balance in logistics supply per capita, trade: report

The capital value of warehouses is still one of the highest in the region.

SGX RegCo aims to expedite shareholder-requisitioned meetings

The public can submit their feedback on the proposal until 23 May.