Staff Reporter
Rently raises $3m to scale Asia presence
Rently raises $3m to scale Asia presence
The funding round was led by impact investor Orange Bloom.
Singapore records $5.8b in real estate deals for Q1
Whilst this marks an 11.6% decline QoQ from $6.5b in Q4 2024, the figure represents a 38.4% YoY increase.
Office rents rise 0.3% as CBD demand holds firm
Office rents edged up 0.3% QoQ, ending two consecutive quarters of decline.
Warehouse rents edge up as industrial market steadies: report
Industrial property prices increased by 1.5% QoQ, supported by a 1.9% rise in multiple-user factory prices.
CBRE opens Marina Bay office to expand CBD operations
The move forms part of its broader growth and workplace strategy.
Digital wallets lead 39% of e-commerce transactions in 2024
The report projects that Singapore’s e-commerce market will reach $37.5b by 2030.
DBS, OCBC, and UOB’s STI weight rises to 52.1% in April
The three banks delivered an average total return of 107%.
Daily Markets Briefing: STI up 0.28%; Top stock is ST Engineering
ST Engineering is the top stock with a 1.95% increase.
EC World REIT net property income falls 53.7% in Q1
The group is currently looking to sell some of its assets to pay off debts.
Parkson Retail's net profit rises 21.1% YoY in Q1
Earnings per share stood at $0.0218.
ComforDelGro’s Q1 revenue rises 19.0% YoY
PATMI rose 16.4% YoY.
Freehold commercial building at 562 Serangoon Road on sale via EOI
The EOI will close on 9 July.
Manulife US REIT reports lower occupancy rate in Q1
The REIT recently sold a property for $173.55m.
Franklin Templeton gets approval to launch first retail tokenised fund in Singapore
Investors will be able to access the fund with a minimum investment of US$20.
SGX securities market turnover rises to $40.6b in April
SDAV also rose 59% YoY to $1.9b.
City Developments approves share purchase mandate
The offer price for each preference share will be $0.78 in cash.
URA proposes five sites for conservation
This will be part of the Draft Master Plan 2025, one of the key SG60 programmes.
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