Singapore
First REIT gets green light to acquire 12 nursing homes in Japan
First REIT gets green light to acquire 12 nursing homes in Japan
About 98.45% of unitholders voted in favour of the acquisition.
Which real estate sectors will see continued growth in 2022?
Growth in two sectors will moderate this year.
Market update: STI down 0.21%
Keppel Corp was seen with the most growth.
The GUILD International College officially opens in Singapore
It is the first college in Singapore dedicated to differently-abled young adults.
Singapore employment up 47.4% at 47,400 in Q4 2021
Unemployment, meanwhile, dropped to 75,800 in December 2021.
Frasers Property secures first sustainability-linked loan for its UK business
The loan is worth $199.42m.
What boosted private resale transactions in 2021?
The private resale volume hit 19,962 in 2021, the highest in 14 years.
Keppel posts highest net profit in 6 years of $1.02b
As a result, Keppel proposed a final cash dividend of 21 cents per share.
CDL Hospitality Trusts NPI up 24.1% YoY to $49.13m for H2 2021
Distribution per stapled security and total distribution faced dips of 11% and 10.6%, respectively.
Occupancy rate stands at 90.1% in Q4 2021: JTC
This was unchanged compared to the previous quarter.
7 in 10 SG workers feel unready with working digitally: Salesforce
However, only 29% were actively involved in digital skills training.
Ascott Residence Trust DPS up 43% YoY to 4.23 cents for FY2021
Distribution income in the same period also jumped by 46% YoY to $137.3m.
CICT’s net profit rises to $478.92m in H2 2021
This pushed the trust’s distributable income to $259.7m.
Industrial prices and rent to increase between 3% to 5% in 2022
In 2021, price and rent indices increased by 4.4% and 2%, respectively.
Gold rush: SG Demand for gold up 16% to 4,021 tons YoY
A total of 3t was recorded in Q4 2021.
4 of 5 Singapore employees want four-day workweek and flexibility
More than half of the professionals are working beyond the 44-hour workweek standard.
Market update: STI down 0.38%
Sembcorp Industries was seen with the most growth.
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