Transport & Logistics
Cache buys nine Australian warehouses for $188.3m
Cache buys nine Australian warehouses for $188.3m
They have an average lease expiry of five years and a 98.1% occupancy.
No retreat, no surrender: Uber insists on joining Singapore's ride-hailing fray
Its head in Asia said it wants to offer faster booking and cheaper rides.
SingPost disposes indirect subsidiary
FPS Famous Pacific Shipping has a cash consideration of $1.59.
Is Keppel T&T cooking up a megaproject?
A sudden ramp-up in staff costs pulled earnings down by 107% in Q4.
Frasers Logistics and Industrial Trust shows robust acquisition targets
Australian states form 39.2%, 30% and 28.2% of FLT’s portfolio.
GLP goes private and closes Singapore's largest M&A deal
It delisted from the SGX-ST on 22 January.
Mapletree Logistics Trust's NPI up 3.9% to $83.02m in Q3
Thanks to higher revenue from its acquired properties in Hong Kong and Australia.
Slower private-hire car growth to bring taxi segment's stability
The growth of rental cars slipped to 34% after a surge of 76% in January 2017.
ComfortDelGro's Lion City Holdings acquisition to boost profits by 5%
It could raise its falling driver retention rate and defend its market share.
Cache may acquire 10 logistics properties in Australia for $205m
Cache might need to raise between $50m to $70m of equity.
Cache portfolio occupancy declines by 0.7% in 4Q17
Mainly because of a tenant vacating DC 2.
UberFlash can lower taxi idling rate of c.5%: CIMB
Despite UberFlash being priced lower than CD’s current base fare of S$3.20 to S$3.90.
Global Logistic Properties incorporates 22 subsidiaries in China and Hong Kong
20 of the companies will focus on investment in and development of industrial real estate.
Uber and CDG merge private-hire and taxi fleets in new app
UberFLASH can be subjected to surge pricing.
Singapore cuts monthly COE quota for small cars by 7.3%
This dragged the average monthly COE quota for all vehicles to 8,544.
COE prices for small cars dropped to $36,890
It registered the biggest drop amongst all vehicle categories.
SingPost struggles with logistics price pressures
Margins are still generally low, no thanks to intense pricing competition.
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