Singapore
Five top-performing retail REITS averaged YTD total return of 31.5%
Lippo Malls Indonesia Retail Trust saw the highest total return of 37.2%.
Five top-performing retail REITS averaged YTD total return of 31.5%
Lippo Malls Indonesia Retail Trust saw the highest total return of 37.2%.
Resale condo prices up 1.6% in June
The number of units resold crashed 41.8% YoY to 666.
CapitaLand secures $300m sustainability-linked loans
It will be used for green projects and general corporate purposes.
Frasers Hospitality Asset Management issues clarification on sale of Australian asset
It said that there is no certainty or assurance whatsoever that any transaction will arise from its discussions.
Chart of the Day: Posh home sales down 27.3% to 104 units in H1
Sales of luxury homes valued above $5m and good class bungalow both fell.
Hospitality sector's RevPAR to grow 2-3% in 2019
RevPAR for luxury hotels grew 3.3% YoY to $185 for 5M19.
Daily Markets Briefing: STI down 0.14%
DBS fell 0.20% by market close.
Daily Briefing: Temasek portfolio value hits all-time high at $313b; Mixed-development Hoa Nam Building put up for en bloc sale at $160m
And digital banking software provider Moneythor joins Mastercard’s Start Path programme.
Allied Tech's audited statements reveals $30m net loss for FY2018
This was blamed on an impairment loss of $31.27m from the acquisition of Asia Box Office.
Wealth protection gap hindering Singapore's affluent from growing their wealth for the long term: AIA Affluence Barometer 2019 reveals
AIA Singapore today unveiled AIA Platinum Wealth Elite to address a crucial gap that exists for the affluent; a single plan to meet both their wealth creation goals and protection needs based on their respective investment time horizon.
Southeast Asia's best solutions take spotlight at SBR Asian Business Case Studies Awards 2019
The event delegates in attendance had enough room for creative insight and network gathering in the fourth installment of the awards.
Lian Beng wins $234.7m contract for NTUC's fresh food distribution centre
It is expected to begin construction in August 2019.
Prime US REIT launches IPO to raise $1.1b
IPO is priced at $1.20 per unit.
100 Jalan Sultan site receives hotel use nod from URA
Differential premium estimated at $57.53m.
Giving wings to Aviation MRO in Singapore
Aviation market in Southeast Asia is one of the fastest growing in the world, and on course to become the world’s largest in the next 20 years. Fuelled by rapid economic growth and increasing popularity of low-cost carriers, there is increasing passenger traffic and aircraft demand– almost 40% of the global deliveries of new aircrafts (42,000 planes) will come from the Asia-Pacific region from 2018-2037, according to Boeing. The consequent need for maintenance as well as the technological upgrades of existing fleet is set to boost the role of Maintenance, Repair and Overhaul (MRO) services in assuring aircraft safety and airworthiness.
Frasers Property to merge industrial and logistics units
The platform will represent $5.4b of assets under management.
Nearly 3 in 5 Singaporeans think their team is underskilled: study
Over 9 in 10 are concerned they are not receiving ample training and development to improve their skills.