Real Estate

Stocks to watch: MIT, Clas, Suntec Reit, Keppel DC Reit, iFast, First Reit
Stocks to watch: MIT, Clas, Suntec Reit, Keppel DC Reit, iFast, First Reit
July 26, 2024
THE following companies saw new developments that may affect trading of their securities on Friday (Jul 26): Mapletree Industrial Trust (MIT): The real estate investment trust (Reit) registered a...
CapitaLand Ascott Trust H1 DPS falls 8% to Salt=
CapitaLand Ascott Trust H1 DPS falls 8% to S$0.0255
July 26, 2024
CAPITALAND Ascott Trust (Clas) posted an 8 per cent drop in distribution per stapled security (DPS) to S$0.0255 for the first half ended Jun 30, from S$0.0278 in the...
Biggest IPO in Japan of 2024 offers innovative fix to job crunch
Biggest IPO in Japan of 2024 offers innovative fix to job crunch
July 26, 2024
THE developer of an innovative job matchmaking app helping Japan tackle its severe labour shortage goes public on Friday (Jul 26) following the nation’s largest initial public offering (IPO)...
Stamford Land takes out shareholders’ loans for UK property
Stamford Land takes out shareholders’ loans for UK property
July 25, 2024
These were procured after considering the company’s cash position, funding requirementsSTAMFORD Land on Thursday (Jul 25) announced an interested persons transaction in taking out shareholders’ loans totalling about S$413.5...
Suntec Reit DPU falls 12.5% to Salt=
Suntec Reit DPU falls 12.5% to S$0.03042 due to lack of capital distribution
July 25, 2024
SUNTEC Real Estate Investment Trust (Suntec Reit) recorded a distribution per unit (DPU) of S$0.03042 in the six months ended Jun 30, 2024, marking a 12.5 per cent fall...
Yen surges as traders brace for interest rate shift while risk mood sours
Yen surges as traders brace for interest rate shift while risk mood sours
July 25, 2024
THE yen rallied for a fourth consecutive day on Thursday (Jul 25), reaching a six-week high, as traders ditched their long-running bets against the currency and a plunge in...
Grab’s acquisition of Chope is just the latest of its efforts to build an F&B presence beyond delivery
Grab’s acquisition of Chope is just the latest of its efforts to build an F&B presence beyond delivery
July 25, 2024
GOING out for the night or getting dinner delivered – these might be contrasting choices, but the Grab app wants to be part of both of them. At Clarke...
Indian banks selling retail loan portfolios as deposits lag
Indian banks selling retail loan portfolios as deposits lag
July 25, 2024
INDIA’S private banks are selling portfolios of retail loans as regulators pressure them to improve credit-deposit ratios. India’s largest lender, HDFC Bank, sold a 50 billion rupee (S$802 million) loan...
Treasury, finance functions gain importance in corporate strategy: DBS survey
Treasury, finance functions gain importance in corporate strategy: DBS survey
July 25, 2024
MULTINATIONAL companies’ treasury and finance functions are moving away from mere supporting roles to strategic leadership amid a rapidly evolving business landscape, based on DBS’ survey released on Thursday...
Cordlife’s overseas units obtain re-accreditations
Cordlife’s overseas units obtain re-accreditations
July 25, 2024
CORDLIFE on Thursday (Jul 25) said its Hong Kong and Malaysian subsidiaries received re-accreditations from the Association for the Advancement of Blood & Biotherapies. The association sets standards for...