News

ESR-LOGOS REIT’s NPI soars 41.0% YoY to $244.2m in FY22

The REIT attributes the increase to contributions from ALOG Trust.

Chip Eng Seng subsidiaries bag $562m contract for Cross Island Line-Punggol Extension 

They will design and construct the Elias stations and tunnels under the CPe.

EC World extends long-stop date for divestment of 2 Chinese assets

The long-stop date will be extended to 28 February. 

Changi Airport handles 32.2 million passengers in 2022

The Singapore-Kuala Lumpur route is the world’s busiest international route based on seat capacity.

Negotiations on St Katharine Docks acquisition underway: CDL

The company clarified reports it has acquired London-based SKD. 

Lincotrade secures $35m AEI contract

The contract comprises service apartments, mall, and office spaces.

NIM moderated but still strong in Q4 22: UOBKayHian

Some banks posted 49% year-on-year growth

Top 3 cross-border destinations retailers eye for expansion

Hong Kong and Singapore are tied for second place. 

4-storey commercial property along Serangoon Road up for sale

Expression of interest ends on 7 March at 3 p.m.

Condo resale volume drops 14% in December: report

A total of 661units were resold during the month, down from over 760. 

Auction listings down 19.5% QoQ in Q4 22: Knight Frank

Almost 100 listings were recorded in the past quarter.

Competition commission clears SATS’ proposed Promontoria acquisition

The proposed transaction does not infringe section 54 of the Competition Act 2004.

CDL Hospitality Trusts NPI up 43.7% YoY to $123.7m in 2022

It was mainly driven by the Singapore market and UK Hotels.

SGX grants approval in-principle on proposed combination on Keppel, Sembcorp Marine

Sembcorp Marine said they received the approval in-principle from the bourse.