Singapore
Daily Briefing: Private capital raising platform CapBridge gets $5.54m investment; Build environment sector receives a $20m boost.
And GEC-KIP Fund invests $3.2m in Vietnamese proptech firm Rever.
Daily Briefing: Private capital raising platform CapBridge gets $5.54m investment; Build environment sector receives a $20m boost.
And GEC-KIP Fund invests $3.2m in Vietnamese proptech firm Rever.
Chart of the Day: Leasing transactions up 7% to record 23,875 in Q2
The Outside Central Region posted the largest increase in leasing volume.
HDB resale transactions down 7.6% to 1,921 units in August
This was attributed to the slower resale activity during the season.
Fragrance Group bought Min Yuan Apartments for $141m
The company is seeking to redevelop the land with an adjacent plot to a hotel.
China's housing prices rise fastest despite global slowdown in Q2
This is the sixth consecutive quarter of slowing price growth.
ComfortDelGro launches trial for on-demand bus service
Residents at Tanjong Rhu and Meyer Road can catch a bus via an app.
Yangzijiang inks order contracts to build five vessels
The five order contracts, along with two more last month, are worth $546.36m.
Frasers Centrepoint Trust to join FTSE EPRA/NAREIT Global Developed Index
This will enable the trust to reach a larger pool of institutional investors.
Ascott opens co-living space for millennials
The nine-storey lyf Funan Singapore spans 121,000 sqft and has 412 rooms.
Ascott Residence Trust issued $150m in fixed rate perpetual securities
It will be used to fund the redemption of $150m 5% perpetual securities.
Temasek joint venture to invest nearly $70m in supply chain startups
Reefknot Investments will focus on series A and B rounds of startups.
ST Engineering's aerospace unit injects $27m into STEA Resources
The capital injection will be used to buy aircraft assets.
City Developments secures $250m sustainability-linked loan
It will be used for general working capital and corporate funding.
Finastra names Wissam Khoury as APAC head
He previously spent over two years as Managing Director for MEA.
Adapting to the world of cloud kitchens in Singapore
Food tech has become an exciting place to in the last few years as an increasing number of players look to tap into a near-insatiable appetite for food delivery services. The numbers are staggering, to say the least.
SIA extends non-stop US flights to Seattle
This will bring the total number of non-stop Singapore-US services to 31.
Grade A office rental growth to slow as supply moderates
Rents grew 14.9% in 2018.
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