News
Ascendas Reit to acquire 7 logistics assets in Chicago for $133.2m
All properties are 100% occupied.
Keppel DC Reit designates $110m price for fixed rate notes
The notes will mature on 17 May 2028.
Cromwell EREIT secures 40% pre-leases for its logistic development in Czech Republic
The biggest lessor was car oil importer and distributor, AutoMax Group.
Condo resale price increase by 0.7% MoM in April
Analyst says resale market may recover.
Airwallex rolls out virtual borderless card in Singapore
Businesses will be able to transact in more than 140 currencies and wherever Visa is accepted.
5G connectivity now available on North East MRT line: Singtel
Commuters can enjoy uninterrupted 5G connection on and off trains.
Keppel O&M inks bareboat contracts worth $135m
Under the deal, the company will deploy two KFELS B Class rigs to Saudi Arabia.
Retail to see improved footfall and tenant sales in H2 2022: analyst
In Q1, prime rents in commercial areas edged up by at least 0.4% QoQ.
Market update: STI down 0.6%
ST Engineering was seen with the most growth.
MoF slaps equity interests in PHEs transferred into living trusts with addt’l conveyance duties
The ACD will apply to transfers made on or after 10 May.
Manulife US REIT posts 91.7% occupancy in Q1
The recorded occupancy is above the US Class A average of 83%.
77% of units at Piccadilly Grand sold on weekend launch
Units were sold at an average selling price of $2,150 psf.
MOF subjects residential properties transferred into living trust to 35% ABSD
The ABSD will apply to transfers made on or after 9 May.
Manufacturers facing more expensive production costs: UOB
This after the Purchasing Manager’s Index showed higher input prices in April 2022.
Market Update: STI down 1.38%
Jardine Cycle & Carriage is the only firm in the green.
Keppel O&M gets around $250m worth of integration FPSO contracts
The contracts were from repeat customers.
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