News
FLCT overseas vacancy rates remain tight in Q1 2022
FLCT overseas vacancy rates remain tight in Q1 2022
Logistics properties in the UK, Europe, and AU remain at 100% occupancy.
Singaporeans want more biometric payment cards —survey
Latest industry survey reveals 88% of Singaporeans prefer biometric cards.
First REIT’s net income rises 29.4% to $100.2m in FY2021
Despite this, the REIT’s DPU dropped 37.1%.
Changi Airports International authorises re-auction of Concessionária Aeroporto Rio de Janeiro
The current concession is up for a 25-year term till 2039.
Acquisition dispute: Keppel unit pursues arbitration action vs SPH
The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.
Commercial real estate acitivty soars 177% to $12.09b in 2021
The sale of One George Street drove the market turnaround.
Market update: STI up 0.28%
HongKongLand was seen with the most growth.
HDB resale prices up 1.1% MoM in January 2022
At least 27 HDB resale flats were transacted for around $1m.
Manulife H2 2021 a miss: Maybank
But improvements in operations were seen due to strong leasing momentum.
60% of SMEs uncertain about int'l expansion: QBE
Small businesses have put internationalisation aside within the next 24 months.
Singtel joins hands with Zip to offer BNPL service in Dash app
Zip offers four interest-free instalments across six weeks.
Keppel O&M inks contracts worth around $250m from returning clients
Clients include GAS-fifteen, MODEC, and a subsidiary of Royal Boskalis Westminster N.V.
Frasers Property sells 639 residential units as at the end of Q1 FY 2022
This is despite property cooling measures affecting residential transactions.
CLD and CICT-backed CapitaSpring completes construction with 93% in leasing commitment
Included in the property is over 673,000 square feet of workspace and retail area.
CBRE offers $30m retail podium for sale
Submission of expression of interest closes on 16 March.
SG, Indonesia extend cooperation on maritime training by 3 years
The two countries have been partners for 17 years.
Three freehold corner shophouses to go on sale
Savills Singapore will serve as the exclusive marketing agent for the sale.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform