News
Keppel Pacific Oak US REIT secures $148.11m loan facility
Keppel Pacific Oak US REIT secures $148.11m loan facility
Under the agreement, a mandatory prepayment event may be triggered under certain conditions.
MTI starts industrial land sales programme for 2026
Most IGLS sites carry 33-year tenure.
Jardine Matheson buys remaining Mandarin Oriental shares after OCB sale
Mandarin Oriental shareholders will receive $0.77 per share dividend.
Lawsuit vs PropNex withdrawn, company says
Its financial position and performance for FY2025 are unaffected by the suit
Keppel REIT acquires additional one-third stake in Marina Bay Tower 3
HSBC Singapore ends existing shareholders’ agreement, new deal follows.
SUTL to acquire Marina at Keppel Bay for $40m
The deal adds 166 berths, raising total berths to 436.
ST Engineering expects positive net profit in H2 2025
This is after it recorded $14b in contract wins and a $3.26b order book during 9M2025.
Frasers Property invests $37.7m in BetterBe marketplace
The investment targets Thailand, Indonesia home-improvement marketplace.
Manulife US REIT dissolves Sacramento subsidiary
The company said the divestment won’t have a significant impact on REIT finances.
Singapore economy expands 5.7% in Q4 2025, full-year growth at 4.8%
Manufacturing-led rebound lifted quarterly growth, whilst services expanded steadily.
Prestige landed homes sales reports 20% growth in H2 2025
The high-end landed home market grew despite cautious leasing.
Sembcorp secures investment license for 490-hectare industrial park
The VSIP Ninh Xuan is positioned near deep-sea ports, major expressways, and airports.
Sembcorp buys ReNew Sun Bright to tap into India solar
ReNew operates a 300-MW solar power project located in Rajasthan, India.
Seatrium, Maersk affiliate settle vessel dispute
The affiliate will pay the remaining balance $463.65m (US$360m) for the wind turbine installation vessel.
LTA grants Geolah, Trans-Cab three-year ride-hailing licences
The two operators met the authority’s standards on safety and service.
Keppel DC REIT secures 10-year lease extension for $350m
The weighted average land lease expiry extends to 25 years.
Singapore PMI inches up to 50.3 in December
This was driven by growth in new orders and factory output.
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