Markets & Investing
Suntec REIT's NPI drops 5.7% YoY to $79.8m on lower asset contributions
Suntec REIT's NPI drops 5.7% YoY to $79.8m on lower asset contributions
Amongst the assets with lower contributions was the Suntec Convention.
Temasek Trust's Co-Axis partners with Arta to secure $39.6m impact project fundings
The partnership aims to expand the reach of Co-Axis projects.
COTD: Over 90% of Singapore REITs invest overseas
Singapore also has the largest exposure in the Pan-Asian market
Digital Core REIT’s distributable income rises 9.7% YoY to US$34.55m in 9M
It also recorded an improved net profit.
Hotel Properties prices $160m in subordinated perpetual securities
These securities are issued under the company’s $1b multicurrency debt issuance programme
Mapletree Logistics Trust’s NPI falls 2.1% YoY to $158.6m in Q2 FY24/25
The trusted cited three reasons for the decline.
UOB issues three-year $923.9m bond
The company will apply for the bond to be listed on SGX.
Keppel REIT's distributable income dips 1.9% YoY to $160.6m in 9M24
It attributed the decline to higher borrowing costs.
Parkway Life REIT raises $180m in oversubscribed private placement
It will use part of the proceeds to fund the acquisition of 11 nursing homes in Europe.
Keppel Pacific OAK US REIT’s NPI dips 8.8% YoY on higher financing costs
The REIT's lower NPI also contributed to the decline.
Parkway Life REIT to acquire 11 nursing homes in Europe for $159.9m
The REIT expects to complete the acquisition by Q4 2024.
Intraco issues new digital securities denominated in SGD and USD
Both were issued under the SDAX CP Facility Programme.
Manual methods still dominate Singapore's sustainability efforts despite tech advances
Five in 10 firms rely on manual processes to measure sustainability performance.
Ben Kuang Marine to redeem $3.5m bond
The company has also proposed to issue up to $3.5m bonds due 2027.
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