Real Estate

Indian banks review Adani exposure in wake of US bribery allegations
Indian banks review Adani exposure in wake of US bribery allegations
November 28, 2024
INDIAN banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday (Nov 28), after the group’s billionaire founder Gautam Adani...
Single leverage limit, additional disclosures imposed on all S-Reits: MAS
Single leverage limit, additional disclosures imposed on all S-Reits: MAS
November 28, 2024
S-Reit managers will have to disclose their plans to manage Reits’ leverage and ICR levels in their financial and annual reportsALL Singapore-listed real estate investment trusts, or S-Reits, will...
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
November 28, 2024
INTERNATIONAL Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said following the US indictment of billionaire Gautam Adani, while the company’s...
Hot stock: PEC rises 11.4% after talks of potential share deal 
Hot stock: PEC rises 11.4% after talks of potential share deal 
November 28, 2024
The counter climbs 11.4 per cent or S$0.085 to S$0.83 as at 11.18 am. SHARES of engineering company PEC were up 11.4 per cent on Thursday (Nov 28) following...
Mizuho weighs new push to target India’s private equity boom
Mizuho weighs new push to target India’s private equity boom
November 28, 2024
MIZUHO Financial Group is considering making a push into a new area for the lender in India focusing on private equity and venture capital firms, seeking to tap some...
Amazon injected S billion into its Singapore businesses in 2023 
Amazon injected S$2 billion into its Singapore businesses in 2023 
November 28, 2024
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023. The outlay comprised capital expenditure, including improvements...
Gold prices held steady amid growing tariff war fears
Gold prices held steady amid growing tariff war fears
November 28, 2024
GOLD prices were steady on Thursday (Nov 28), as investors digested a flurry of economic data in the previous session and evaluated the possibility of a tariff war sparked...
Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%
Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%
November 28, 2024
SINGAPORE stocks ended higher on Thursday (Nov 28) after the Republic reported a rebound in real incomes for 2024, according to preliminary estimates, as inflation eased.A Ministry of Manpower...
IReit Global inks lease contract with Premier Inn to reposition Berlin Campus into mixed-use space
IReit Global inks lease contract with Premier Inn to reposition Berlin Campus into mixed-use space
November 28, 2024
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global has signed a lease contract with UK hotel chain Premier Inn for 10,348 square metres or 12 per cent of net...
US Fed’s favoured inflation gauge picks up, backs cautious approach
US Fed’s favoured inflation gauge picks up, backs cautious approach
November 28, 2024
THE US Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.The so-called core personal...