News
Ascott REIT's profit rose 5% to $31.77m in 4Q2017
Ascott REIT's profit rose 5% to $31.77m in 4Q2017
It was boosted by a higher revenue, which increased by 6% YoY to $134.48 in the last quarter.
Retail space prices slipped 8.8% in 2017
As a result, the island-wide vacancy rate of retail space dropped to 7.4%.
Price of office space dipped 2.4% in 2017
Total supply dipped from 607,000 sqm to 597,000 sqm in Q4.
Industrial property prices fell 5.7% in Q4
Developers are holding back launches and preferring to lease out instead.
Daily Markets Briefing: STI down 1.01%
Investors are urged to take caution today.
Daily Briefing: New Futura sells 18 units for $3,200 psf; MRT incident mutes confidence in rail operators
And here's what to expect when you invest in oil prices.
Chart of the Day: See how many tourists arrived in Singapore within 10 years
Growth only stopped in 2014 when the key China market declined 24.1% due to curbs on shopping tours.
Mapletree Greater China Commercial Trust's full-year NPI up 3% to $214.29m
Revenue growth from Festival Walk, Gateway Plaza, and Sandhill Plaza boosted earnings.
Expect industrial rents to fall in 2018
Rents dipped 2.8% YoY in Q4, following a pattern of recent decline.
Keppel hit by $495m loss in Q4
Penalty costs from its bribery case pushed earnings down the drain.
Suntec REIT's office monthly rents fell to $8.03psf in 4Q2017
This was due to the renewal of two anchor tenants.
Singapore to add 5,500 PMET jobs annually until 2020
It also aims to add $31b to the industry's value.
Noble wins $3.5b debt restructuring deal
The plan reportedly will allow creditors to cash-in on shares from a debt-to-equity swap.
Oxley unit prices its $150m bonds due 2022 at 5.7%
They will mature on 31 January 2022.
Goodluck Garden to en bloc with reserve price of $550m
It can yield up to 669 new units.
DBS wants more private bankers to tap Asia's ultra rich
It eyes boosting its current pool of 200 private bankers by 10-20%.
CapitaLand Mall Trust scrambles to lower rents to retain tenants
About 21% of its portfolio has an average reversion rate of -1.7%.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape