Singapore

More than two-thirds of the property’s gross floor area will be leased to Philipps.

The remaining $50m of the bond will be offered to investors.

Asking prices for HDB rental properties was at 0.95%.

Prices rose by around 8% to 15% in Q2.

It has also announced an interim dividend of S$0.0375 in its latest bourse filing.

The strong takeup in new condo launches boosted prices during the quarter.

Managements need to proactively identify, quantify, and respond to risks such as supply chain and geopolitical risks, says KPMG Singapore’s Head of Advisory (Consulting).

Companies are also open to training current employees on sustainability.

HDB sales are 11.3% lower and below the 12-month average.

Reopening of the retail sector spurred interest in strata retail spaces.

City Developments Limited was at the top.

Demand for financial services professionals shoots up by 76% in the country.

The unit is located at 2 Greenwood Avenue.

The REIT said higher car park income was amongst the factors that drove the increase.

The property will be acquired through the Ascott Serviced Residence Global Fund.

These include holomedicine capabilities, cinematic AR experience, and smart glasses.