News
SPH REIT NPI up 8.3% to $179.8m in FY2019
SPH REIT NPI up 8.3% to $179.8m in FY2019
This was due to higher contribution from the REIT’s properties.
Condo rents dipped 0.4% in September
The CCR saw the fastest decline in rents at 1.1% MoM.
Daily Markets Briefing: STI down 0.01%
UOB led the gains amongst top active stocks with a 0.51% rise.
Chart of the Day: CBD Grade A rents grew 1.5% to $10.08 psf in Q3
Rents are tipped to rise 8% by year-end and 5% in 2020.
Daily Briefing: Temasek unit to acquire controlling stake in US cloud provider; WeWork to open two new locations in Singapore
And ST Hospitality Group launches a new line of co-living hotels in Chinatown.
Warehouse rents extend steep decline in Q2
The oversupply situation is weighing on rental growth.
Netlink cashes in on Singapore's 5G bid: analyst
Even without being a spectrum holder, Netlink can still enjoy growth in its fibre backhaul business.
Keppel DC REIT raised $242.8m from oversubscribed preferential offering
Proceeds will be used for Keppel DC Singapore 4 and 1-Net North Data Centre acquisitions.
Chart of the Day: Food inflation averaged 2.2% in 10 years
This is due to Singapore’s food inputs being largely imported from various markets.
Daily Briefing: District 21 GCB put up for auction at $23m; Personalised skincare startup Yours scores $4.83m seed funding
And Golden Gate Ventures leads the pre-Series A round of an Indonesian workforce startup.
Daily Markets Briefing: STI down 0.67%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.63% fall.
Singapore dislodges US as world's most competitive economy
It ranked first in infrastructure, health, and labour, but could still improve in innovation.
StarHub to provide data centre services in AirTrunk tie-up
The data centre in Loyang will offer 24/7 connectivity services.
Bus and train fares to rise by 7% from December 28
This will boost the annual revenue of public transport operators by $132.5m.
SGD could weaken to 1.4 per USD by end-year: DBS
The currency is affected by heightening macroeconomic uncertainties.
ARA Private Funds inked $635.82m total real estate deals in H1
It will sign over $960m in additional pipeline assets by end-2019.
Daily Markets Briefing: STI up 0.37%
UOB led the gains amongst top active stocks with a 0.87% rise.
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