News
Rental prices of prime logistics and warehouses to grow at slower pace
Rental prices of prime logistics and warehouses to grow at slower pace
In 2022, rents grew by 10.2% YoY and 6.6%, respectively.
Real estate investment volumes down 55.6% QoQ in Q4 22
Total preliminary real estate investment volumes were at $3.194b.
Rental growth in Core CBD Grade A office market to slow in 2023
CBRE expects rents to only increase by 1.0% YoY.
SingPost acquires additional 37% stake in Australian subsidiary for $161.4m
The acquisition will increase SingPost’s stake to 88%.
Investment sales for real estate rebounded in 2022
Transactions totalled at $31.9b with majority from commercial deals.
Daily Markets Briefing: STI up 0.22%; Yangzijiang Shipbuilding is top performing
Yangzijiang Shipbuilding is leading at the index.
Suntec Reit’s office portfolio to slow down due to tech sector’s problems: RHB
RHB sees moderating rent growth and an uptick in vacancy.
Five Joo Chiat Road shophouses for sale at $62m
Four of the five ground floor units have restaurant approvals.
MAS: Remuneration mandate for CEOs, directors will improve investor confidence
The central bank integrated the new rule in the Code of Corporate Governance.
Firms told to disclose breakdown of pay to directors, CEOs: SGX RegCo
The new measure will be effective on or after 31 December 2024.
ComfortDelGro invests $5.4m in Tel Aviv-based teleoperation software developer
The investment is set to boost the company’s AV capabilities.
Daily Markets Briefing: STI down 1.29%; Jardine C&C was top stock
Jardine Cycle & Carriage led the STI.
Buyer demand for private homes down in Q4 22
New cooling measures led to the slowdown of price growth in the final quarter.
IPO proceeds fall 97% YoY in 2022: EY
Proceeds fell despite no change in the number of IPOs.
Tender for freehold redevelopment site in Lorong Ampas opens
The site has a reserve price of $65m.
Private residential home prices up by 8.4% in 2022
However, it is a decrease from last year due to a decline in sales.
APAC Realty acquires 22% stake in ERA Vietnam for $4.9m
The acquisition will bring APAC Realty’s total stake in ERA Vietnam to 60%.
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