Markets & Investing

S-REITs to withstand softening property market conditions

S-REITs to withstand softening property market conditions

URA data shows that vacancy rates for retail spaces in Central Area have increased to 13.2% 

CLCT’s NPI down 7.4% YoY to $129.2m in H1

Its gross revenue was also down 7.4% to $184.5m.

Olam Group expects lower PATMI in H1

This is due to a lower almond crop yield and higher interest costs.

Keppel Land completes liquidation of subsidiary

Mansfield & Company is a dormant subsidiary of the real estate company.

Aspen Glove files winding up petition

This came following the termination of its asset and interest disposal proposal.

Chart of the Day: How did Singapore’s IPO market perform in 1H23?

Data from EY showed that Singapore only had 3 IPOs year-to-date.

IREIT Global raises $75.9m in preferential offering

The preferential offering was 134.7% subscribed. 

SGX Group hits news record for FX volume in June

FX futures traded volume rose 12% MoM in June to 3.3 million contracts.

Which 20 Singapore stocks booked the most net retail inflow in 1H23?

Net retail inflow booked by SG stocks in 1H23 hit $1.49b.