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Sabana REIT's NPI fell 15.1% to $20.86m in H1
Sabana REIT's NPI fell 15.1% to $20.86m in H1
NPI took a hit following a one-time provision for rental waiver.
ESR-REIT and Sabana REIT propose merger
Sponsor ESR is expected to hold about 12.2% of the units in the enlarged REIT.
ESR-REIT's NPI slipped 16.8% to $80.2m in H1
The company saw lease conversions from single- to multi-tenancy for seven properties.
ST Engineering, Israel Aerospace Industries set up JV in Singapore
Both companies signed an agreement to market advanced naval missile systems.
Green Court along Geylang Road launched for sale
The tender for the mixed-use development will close on 18 August.
Zheneng Jinjiang Environment secures $375.29m loan facility
The amounts borrowed under the facility will be used for the general corporate purposes of the group.
Sembcorp sells 30% stake in innovation park developer for $138m
Its JV will hold 20% stake in the developer after disposal.
SIA group passenger capacity crashed 95.1% in June
Overall passenger carriage was also lower by 99.3%.
Daily Briefing: Wavemaker closes its third SEA fund at $154.25m; Redeveloped Marina Bay floating platform to house new elements
And shorter operating hours for Thomson-East Coast Line stations in stage 2 opening.
Daily Markets Briefing: STI up 1.1%
Wilmar International led the gains amongst top active stocks with a 2.13% expansion.
Chart of the Day: Fallout in domestic labour market hit 25,600 in Q1
This marked the biggest quarterly contraction on record.
Resorts World Sentosa lays off staff
The company continues to look for job opportunities for every affected local worker.
Keppel bags $73m worth of contracts from MODEC
Keppel Shipyard to integrate topside modules and mooring support structure for an FPSO in Singapore.
New private home sales surged 104.9% in June to 998 units: URA
This is the highest sale in seven years as recovery gathers pace.
Capgemini launches flagship programme in China for local SMEs
This is said to help them take advantage of emerging technologies and test out innovations.
Condo, HDB rents dip whilst volumes rebound in June
Rental renewals are attributed to expats not being able to return to their home countries just yet.
Consumers remain hesitant in ‘new normal'
Consumer mobility behaviour was still weak after circuit breaker measures.
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