News
FLCT to divest Cross Street Exchange for $810.8m
The value represents a 28.3% premium over the property’s book value of $632m.
FLCT to divest Cross Street Exchange for $810.8m
The value represents a 28.3% premium over the property’s book value of $632m.
CapitaLand acquires JCube for $340m
The transaction will be completed within the first quarter of 2022.
Singapore logs $1.9b tourism receipts in 2021
This represents a decline in TRs when compared to 2020.
Yanlord sells all 514 units at Shanghai Poetic Villa launch
It acquired a total of $671,918 in pre-sales.
Olam places $275m notes in US
Proceeds from the issue will be used for general corporate purposes.
STI gains 5% with energy and bank stocks leading the market
Also, the SG benchmark ranked the third strongest of all the major benchmarks.
ESR REIT ups offer for ALOG merger to $0.97 per unit
The revised offer will increase ALOG’s DPU accreditation to 12.8%.
Headline inflation rises at fastest pace since 2013 at 4%
Elevated prices likely to push MAS to further tighten monetary policy.
Frasers Property Singapore new chief is FPHT's Soon Su Lin
Soon will hold the position effective 1 April.
Market update: STI down 0.34%
Keppel Corp had the most growth.
SG sees highest-ever shophouse transaction value in 2021 at $1.9b
This exceeds 2019 and 2020’s combined transaction values.
Core inflation jumps to 2.1% in December 2021
The growth was driven by the increase in services inflation.
Ascott launches first co-living property in one-north Singapore
A new range of collaborative social spaces will make up the structure.
KLV to enter into HOA with Phu Long Real Estate Joint Stock Company
The deal will be done to acquire a 49% interest spread out over 3 residential land plots.
OCBC implements anti-scam measures following increased phishing attacks
One measure is the removal of the clickable links in SMSes sent by the bank.
ESR-REIT makes 5.3% higher offer for ARA LOGOS
The increase represented increased considerations of 2.1% in cash and 5.8% in shares.
Yanlord pre-sales reach $852.5m in second batch of Shanghai launches
It achieved a 100% sellout in its apartment launches at Yanlord Arcadia.
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