Singapore
TripleOne Somerset secures tenant in co-working space firm IWG
IWG will lease 35,000 sqft and two floors for its Amsterdam-grown Spaces concept.
TripleOne Somerset secures tenant in co-working space firm IWG
IWG will lease 35,000 sqft and two floors for its Amsterdam-grown Spaces concept.
Venture Corp's Q1 profits soared 72.2% to $83.67m
It cited its operations in engineering and advanced manufacturing as a driver of growth.
Sembmarine Q1 profits sank 85.7% to $5.32m
It said recovery in rig orders will take some time as drilling segments remain oversupplied.
Mapletree Greater China Commercial Q4 NPI down 6% to $72.86m
Revenue fell due to the reversal in VAT for Gateway Plaza.
Noble chairman refutes Goldilocks' attacks
Paul Brough encouraged shareholders to vote in favour of the restructuring.
OCBC appoints Dennis Hong as managing director of OCBC Securities
He has been the deputy managing director of OCBC Securities since 15 March 2018.
MPA inks $1.46b contract for Tuas Terminal Phase II development
It is part of the seven deals it signed with maritime partners.
Frasers Centrepoint Trust Q2 NPI up 6.9% to $34.8m
The revamp of Northpoint City North Wing allowed it to recover revenue.
Suntec REIT Q1 net property income up 1.9% to $62.99m
It was boosted by higher revenue from Suntec Singapore and Suntec City Mall.
Singapore and Germany to collaborate on supporting SMEs
The two signed a memorandum of agreement for bilateral partnership.
Hotel Rankings: ‘Smart hotels' are on the rise
The industry is shifting to a man-power lean model: less humans, more bots.
Outlook on real estate reaches an 8-year high at 7.1 points
But market players are growing worried about risks like rising interest rates and oversupply.
The Ascott Limited ramps up expansion efforts to tap corporate travel market
The serviced residence operator has over 2,000 units in 13 properties in its portfolio.
Serviced Residences Rankings: Foreign housing demand kept serviced-residences running
This is despite tougher competition against sharing economy-rooted services.
CapitaLand Commercial Trust loses 85% of Bugis Village's value
It will be returned to the State on 1 April 2019.
Daily Briefing: ComfortDelGro held talks with Indonesia's Go-Jek for collaboration; PM appoints new trade minister in Cabinet reshuffle
And here are two sites that launched en bloc sale this week.
Chart of the Day: COE premiums fall alongside lower transport costs
Motor traders attributed the lower COEs to the oversupply of vehicles such as taxis and private-hire cars, and new Vehicular Emissions Scheme.