News
Strata office market slowed down to $652.9m in H1
It is a 19.8% fall from $814.1m transactions in H2 2022.
Deliveroo, Gojek ink partnership deal
They will work together on initiatives that build customer loyalty, amongst others.
Singaporeans hold 2nd most valuable property portfolio in England and Wales
The value of Singapore nationals’’ property portfolio is £7.2b.
Cromwell E-REIT clinches €165m revolving credit facility
The REIT can increase the facility up to €250m.
Lawrence Wong steps down as Singapore Labour Foundation chairman
Desmond Lee will succeed Wong.
Freehold residential land at Siglap for sale: Knight Frank
The 1,319-square-metre site is zoned as residential and has GPR of 1.4.
Frasers Logistics & Commercial Trust posts positive rental reversion in Q3 FY23
The firm also posted a high occupancy rate of 96.2%.
Fintech investments at three-year low; generative AI at 'early growth' stage
Consolidation drove fintech investments in the payments space, KPMG found.
CLAS seeks acquisition of $530.8m lodging assets in the UK, Dublin, and Jakarta
The proposed acquisition is 1.8% accretive to Distribution per Stapled Security (DPS).
Daily Markets Briefing: STI down 0.08%; The top stock is Hongkongland
The most active stock is HongkongLand, trading 3.09% up.
MPACT net property income surges 68% YoY to $179.2m in Q1 FY23/24
This was boosted by the effect of the merger and its Singapore performance.
CICT net income up 10.1% YoY to $552.3m in H1
This is supported by its acquisitions and property enhancements.
Insurance veteran to run for Singapore’s presidential seat
He became CEO of Income Insurance (formerly NTUC Income) up until 2007.
EMA seeks proposal for 600 MW combined cycle gas-turbine project
Proposals may be submitted by 31 October at 3 pm SGT.
APAC vaccine distribution hub to be established in SG
It will provide easier access to vaccines.
Recent charges linked to 2019 investigations: No Signboard CEO
The CEO faced charges over alleged price rigging.
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