Singapore
CICT net property income jumps 6.2% YoY to $501.6m in H1
This was driven by the completion of acquisitions and higher rental income.
CICT net property income jumps 6.2% YoY to $501.6m in H1
This was driven by the completion of acquisitions and higher rental income.
Suntec REIT DPU rises 15.8% YoY in H1
Its distributable income from operations increased by 7.1% You to $126.6m.
Orchard Bel Air on collective sale for $587.5m
The 36-storey site is on sale through public tender until 6 September.
Keppel Pacific Oak US REIT H1 DPU down 4.4%
Distributable income rosed by 5.4%.
Shophouse along Craig Road on sale for $12m: Savills
It will be sold via expression of interest until 31 August.
Private home sales in mid-tier market jumps 44.4% QoQ in Q2
Both new sales and resale volume increased during the quarter.
GDP estimates lowered following manufacturing sector slowdown
Analysts now predict 2022 GDP growth to settle at 3.2% YoY from 3.5% YoY.
Chart of the day: Transport engineering output shoots up 32% in June
Output in the marine & offshore engineering segment increased by 44%.
Market update: STI up 0.41%
Yangzijiang Shipbuilding is the highest gainer.
Keppel REIT’s net property income up 6% YoY in H1 2022
Its portfolio committed occupancy stood at 95.5%.
Clarke Quay to become a day-and-night destination
This is thanks to a S$62m asset enhancement initiative.
Frasers Centrepoint Trust's tenant sales jump 23% YoY
Amongst Frasers' assets, Tampines 1 and Waterway Point had the highest sales growth.
Lendlease Global CREIT bags $100m sustainability-linked term loan facility
Proceeds will be used to refinance a loan due in FY23.
Singtel puts up lifestyle service provider on e-wallet Dash
The lifestyle deals will be offered by over 300 merchants.
HDB rents to rise by 16%-18% by yearend
Rents went up 18% year-on-year.
ESR-Logos Reit reports 6% fall in H1 DPU
Higher utility expenses drag down DPU for the first half of the year.
Manufacturing output growth moderates to 2.2% YoY in June
Excluding biomedical manufacturing, output grew 4.2% YoY.
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