Singapore
Seletar Mall buy could add up to 10% to SPH REIT's FY 2019 DPU
The firm’s DPU inched up 1.5% YoY to $0.0139 in Q3, thanks to higher contributions from The Rail Mall and Figtree Grove Shopping Centre.
Seletar Mall buy could add up to 10% to SPH REIT's FY 2019 DPU
The firm’s DPU inched up 1.5% YoY to $0.0139 in Q3, thanks to higher contributions from The Rail Mall and Figtree Grove Shopping Centre.
Developer sales in June up 25% to 821 units
The growth was driven by Sky Everton which sold 134 units at an average $2,523 psf.
Daily Briefing: REITS to lure investments despite 20% price hike; Recruitment platform Glints bags $9.22m in series B funding
And HDB reports 3,300 unauthorised flat rental cases during the past four years.
Chart of the Day: Total property investment sales fell 9.52% to $11.4b in H1
Industrial property sales led the declines.
Daily Markets Briefing: STI down 0.28%
DBS led the gains as it rose 0.46%.
Singapore to unveil more standards for drones, additive manufacturing and video analytics
These standards discuss safety requirements as well as building inspection guidelines for drones.
Wilmar's YKA IPO could kick off in Q4: analyst
It already received a go-ahead from the Chinese regulator.
Singapore Press Holdings profits dropped 44.1% to $26.2m in Q3
Lower print advertisement and circulation revenue dragged down the company’s performance.
CapitaLand's One Pearl Bank preview lures 4,000 visitors over the weekend
774 units are up for sale with prices starting at under $1m.
Venture Corporation could bank on medical devices and life science segments to drive growth in H2
Its customer Illumina is expected to grow 6%, albeit at a lower rate compared to its previous estimate of 13-14%.
CapitaLand's development pipeline doubles to 13.9 million sqm over Chinese, Indian assets
Its China development pipeline alone has grown 25% to 7.1 million sqm GFA.
Construction sector could grow 3% in 2019
The short-term outperformance of the buildings sector will momentarily propel growth before slowing down in 2020.
Ascott expands portfolio with 26 new properties
It has branched out into six cities such as Atyrau, Yokohama, Seongnam and Hoi An.
Demand for hybrid executive and team assistants on the rise: report
Collaborative working is pushing offices to require a function team for their coordination needs.
Novena Global Lifecare completes $475.4m merger with Xingkeduo
Novena Global Lifecare now has access to Xingkeduo’s AI-based platform and physical network of nearly 100 stores.
Wilmar's proposed China IPO moves forward with subsidiary's Shenzhen listing
There will be an approximate 10% of the total pro-forma share capital of YKA if the CSRC gives it the green light.
Daily Markets Briefing: STI up 0.21%
DBS led the gains as it stock rose 0.66%.
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