Leadership
CapitaLand Ascott Trust to divest Tianjin property at undisclosed price
Divestment is part of the stapled group’s strategy to recycle capital and reconstitute its portfolio to enhance returns CAPITALAND Ascott Trust (Clas) has agreed to divest its property in...
Parkway Life Reit acquires 11 nursing homes in France for 111.2 million euros
PARKWAY Life Real Estate Investment Trust (Parkway Life Reit) is acquiring 11 nursing homes in France for a total consideration of 111.2 million euros (S$159.9 million). The acquisition marks...
Keppel Reit’s nine-month distributable income dips 1.9% on higher borrowing costs
KEPPEL Real Estate Investment Trust (Reit)’s distributable income fell 1.9 per cent year on year to S$160.6 million for the first nine months of the fiscal year, mainly due...
‘Blade Runner 2049’ producer sues Tesla, Warner Bros over AI images
MOVIE and television studio Alcon Entertainment on Monday (Oct 21) sued Tesla and Warner Bros Discovery over claims they used images tied to the film Blade Runner 2049 to...
Zombie companies may finally succumb to bankruptcy on Bank of Japan hikes
AFTER three decades of ultra-loose monetary policy, even small hikes in interest rates by the Bank of Japan (BOJ) are poised to fuel an increase in the number of...
Hefner Capital offers US$100 million, equity to buy Playboy brand
Hefner Capital, a firm led by Hugh Hefner’s son Cooper, has expressed interest in acquiring the Playboy brand from PLBY Group, according to people with knowledge of the matter. Cooper...
BYD bets on Brazil agribusiness to drive sales of hybrid pickup truck
BYD has launched its sixth model in Brazil this year, gambling that its hybrid pickup truck can take on the likes of Toyota Motor and Ford Motor in the...
HDB shophouses drawing bigger players with attractive yields and affordability
Transactions for these assets in public housing estates on the rise, thanks to relatively high yields of 4-6%INTEREST in Housing and Development Board (HDB) shophouses is on the rise,...
