Markets & Investing
CapitaLand Ascott Trust's gross profit up 8% on portfolio reconstitution efforts
CapitaLand Ascott Trust's gross profit up 8% on portfolio reconstitution efforts
These efforts include acquisitions and asset enhancement initiatives.
Mapletree Industrial Trust’s NPI up 4.6% in Q2 to $134.5m
It attributed the increase to contributions from the Osaka Data Centre.
Higher contributions from Singapore lift Starhill Global REIT NPI by 1.4% YoY
Perth assets also contributed.
CapitaLand China Trust’s NPI declines 5.1% YoY as occupancies and rentals soften
NPI for the 9M2024 was RMB930.2m.
Straits Trading and Alta team up to launch FIR-ST scheme
Investors will also benefit from market-adjusted dividends.
Supermom raises $18m in Series B funding round
This comes less than two years after the company's $8m Series A.
EnterpriseSG forms alliance network in Amsterdam and Eindhoven
It will allow SG startups to gain access to the Dutch market.
Singapore injects $440m into Startup SG Equity scheme
It also increased the co-investment cap to $12m.
BE Fellows SEA selects first cohort of climate tech innovators
They will focus on two projects.
Leader Environmental and Innovamem form JV for membrane manufacturing
Both firms will hold a 50% equity stake in the JV.
Broadway Industrial receives $0.197 per share offer from Patec Group
This comes after Patec acquired 196 million Broadway shares.
Starhill Global REIT sells Wisma Atria office units for $16.1m
It sold the lots at a 22.2% premium over the most recent valuation.
CDL Hospitality Trust’s Q3 NPI drops 6.8% YoY
Weaker performance in five markets, including Singapore, attributed to the drop.
Capitaland Ascendas REIT portfolio occupancy dips 1.0% QoQ to 92.1% in Q3
The REIT's Australia and United States portfolios drove the overall drop.
MPACT sees 11.9% YoY drop in distribution due to lower overseas contributions
Adverse forex movements dampened overseas contributions.
Frasers Centrepoint Trust distribution rises 3.2% YoY to $214.31m in FY24
Full-year DPU, however, was down by 0.9% YoY.
CapitaLand India Trust's NPI rises 14% YoY in SGD terms on higher property income
NPI rose 15% YoY in Rupee terms.
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