News

Trustee lays out commercial options to build functioning internal management for Sabana REIT

Amongst these options is the retention of existing staff of the REIT’s manager.

Trustee lays out commercial options to build functioning internal management for Sabana REIT

Amongst these options is the retention of existing staff of the REIT’s manager.

URA closes tender for 3 sites

The sites received a total of 12 bids.

Singapore retains its crown as Asia’s most talent-competitive country

Globally, Singapore ranked second in talent competitiveness.

Lendlease Global Commercial REIT’s portfolio occupancy hits 99.9% in 1Q24

It also reported a long weighted average lease expiry of eight years by net lettable area.

EC World REIT’s distribution per unit drops 32.8% YoY in 3Q23

The REIT also reported lower net property income and gross revenue during the period.

Net profit of SIA Group soars 55.4% YoY to $1.4b in 1HFY23/24

The group attributed the improvement in its bottom line to its strong operating performance.

Sembcorp to invest $10.5b in renewables 

The company will deploy 10% of the capital into decarbonisation solutions.

Singaporean investors pour more capital on APAC properties in 1H23

Inbound capital flow in APAC from SG in 1H23 was 3% higher than its three-year average.

4 SG-based fintech companies to expand in Australia via Project Lorikeet

The companies are expected to invest $22.7m in Australia in the next 3 years.

Frasers Hospitality Trust's DPS rises 49.3% YoY in FY23

Gross revenue and NPI also improved during the period.

About 4 in 5 business leaders are concerned about 'missing out' on AI benefits

Only 38% are positive and secure about their data accuracy.

SG proposes bill allowing president and ministers to accept roles in int'l organisations

Allowing such will enhance SG's international standing, said the PMO.

ASEAN segments drive AIA’s Q3 VONB, jumps 35% YoY

VONB growth was observed in Mainland China, Hong Kong, ASEAN, and India.