News

Keppel DC Reit’s DPU up 3% in Q1 23 due to data centres investment

New acquisitions of Guangdong data centres contributed to the increase.

Property investment volume falls 63.3% YoY to $4b

It is the lowest quarterly investment volume registered since Q4 2020.

ARA US acquires Hilton Colorado Springs South's Home2 Suites for $38.7m

The acquisition reflected the Managers' ongoing portfolio optimisation.

MAS chief Ravi Menon set to step down in 2023: report

Chia Der Jiun is tipped to be the next managing director of Singapore’s central bank.

Capital goods sector to lead Q1 23 results: analyst

The rest of the sectors may feel muted growth.

New PDD to push sustainability, business opportunities

The new district would be crucial for Singapore and its commercial and business park sectors.

SG Prime residential properties grow 2% to 61,939 in Q1

JLL expected the completed supply would peak within the year.

OCBC and SG police force prevent scam losses worth S$12.6m

About 700 victims were safeguarded from potential loss.

UOB sets new tech and innovation hub in Punggol Digital District

This is the first Singapore local bank to establish a presence in the district.

Office rents dip 1.0% in Q1

Gross effective rents now stand at $11.30 psf pm NLA.

New home sales rise 13.6% MoM in March

However, it is 24.8% less than 654 units year-over-year.

What are Singaporeans' top travel destinations for 2023?

Most of them travel for sightseeing and shopping.

SIA Group’s passenger traffic rises 14.1% MoM in March

The airline group carried a combined 2.7 million passengers during the month.

Keppel Infrastructure Trust seeks to raise $240m in equity funding

The company will use 97.3% of the proceeds to partially pay bridge facilities.