News

CapitaLand Ascott Trust divests 2 hotels in Sydney, Australia for $95.6m

The REIT will recognise a net gain of $12.4m from the divestment.

CapitaLand Ascott Trust divests 2 hotels in Sydney, Australia for $95.6m

The REIT will recognise a net gain of $12.4m from the divestment.

AIMS APAC REIT posts 5.1% YoY higher net property income of $64.3m in 1H24

Despite the higher income, the REIT proposed a 1.1% YoY lower DPU of $0.04650.

Raffles Medical Group’s profit falls 67.4% YoY top $12.4m in 3Q23

Year-to-date, the company’s profit has declined 25.6% YoY.

New Jurong Town Hall Bus Interchange opens November 26

In tandem with the opening, LTA will also introduce a new bus service.

HDB rents rise 0.4% MoM in September

By room type, 5 Room recorded the highest rent increase.

Condo rents drop 0.5% MoM in September

Rents across sub-markets dropped in September, except for CCR.

MOF seeks public feedback on the proposed IRAS amendment bill 

The bill will allow IRAS to administer broad-based grants to businesses.

Retail sales climb 0.6% YoY in September

Month-on-month, however, sales fell by 1.6%.

Manulife US REIT's occupancy rate climb to 84.7%

Of all the executed leases, 7.7% were new, whilst 90.5% were renewals.

Yangzijiang Shipbuilding secured US$770m orders in Q3

Amongst key deliveries include the world’s largest containership.

EnterpriseSG extends support of centres of innovation for SMEs

The support aims to support over 800 SMEs for the next two years.

The Woodleigh Mall opens in Bidadari with 100% tenant occupancy

It houses 160 brands ever since its May 2023 soft launch.

LEGO opens two airport stores in Changi Airport

Both stores will incorporate LEGO’s new “Retailtainment” store format.

ESR-LOGOS REIT divests two properties

The two properties have a total sale consideration of around $60.1m.

DBS apologises for digital bank disruptions, to dock senior management pay

The bank is allotting a special budget of S$80m to enhance its system resiliency.