News
Shareholders OKs disposal of LHN logistics through voluntary general offer
Shareholders OKs disposal of LHN logistics through voluntary general offer
This complies with the general offer proposed to be made by Milkyway International.
Core CBD Grade A rents to stabilise in 2H23
EDMUND TIE expects a lower rental growth of 0.3% -0.5% for the market in 2023.
Retail rents to see a sustained recovery in 2023
EDMUND TIE expects full-year rental growth of 1%-3% for prime retail spaces.
Daily Markets Briefing: STI up 0.22%; Keppel Corporation is top stock
After reporting highest ever net profit, Keppel Corp traded 2.50% up.
MAS unveils revised framework to strengthen anti-ML controls in single family offices
There will be harmonised class exemption for SFOs who meet specific requirements.
Private housing vacancy up to 6.3% in Q2
The vacancy rates in the Core Central Region and the Rest of Central Region were both at 7.9%.
Wealthy investors and family offices drive demand for shophouses in H1
Changes to the Residential Property Act may raise prices further and tighten already limited supply.
Office space prices up 1% in Q2
Vacancy declined to 10.8% during the period.
Condo rental market reaches Nash’s equilibrium in June: property firm
SRX and 99.co said condo rental market grew 0.3% in June 2023.
Raffles Medical Group’s PATMI rises slightly by 0.5% YoY to $59.9m in 1H23
Its revenue, however, fell by 9.5% YoY.
CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
Change in indirect ownership of LHN Logistics’ unit to bear a $4.12m fee to JTC
The fee is one of the pre-conditions for LHN Logistics privatisation.
Jardine Matheson’s underlying profit up 10% YoY in 1H23
The 1H23 record is also ahead of pre-COVID levels in 2019.
Wilmar International to dispose entire stake in Morocco company for US$605m
The company expects to complete the disposal by 4Q23.
Unitholders of Sabana REIT will be 'worse off' if internalisation of manager proceeds, ESR Group warns
The group said each 1 -pp increase in borrowing costs will reduce the REIT's DPU by $0.0027.
Private residential price growth to be muted in 2023
Experts forecast a 3%-5% growth in prices for the year.
2 JTC factories at Tuas Avenue on sale for $25m
The sale will be through a private treaty.
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