Business Times

Alibaba and a Perennial Holdings-led consortium’s proposed mixed-use project on the former AXA Tower site opposite Tanjong Pagar MRT station is poised to overtake Guoco Tower as Singapore’s tallest development. The Business Times - Read...

MANDATORY compliance with a new code of conduct for leasing is welcomed by tenants, but several retailers who spoke to The Business Times also flagged that landlords are finding new ways to increase the amounts that tenants have to pay. The Business Times - Read...

THE total transacted value of strata office units slid 21 per cent to S$365.1 million in the first half of 2022, from S$461.9 million in H2 2021. The Business Times - Read...

In the early days of the Covid-19 pandemic, workers in many cities across the world abandoned physical offices and worked from home. Questions arose about the fate of office buildings. Would these buildings become empty shells and see their values plummet? The Business Times - Read...

MAYBANK has raised its target price for Ascott Residence Trust (ART) to S$1.40, from S$1.30, on expectations of strong revenue recovery in the second half of the year. It has a ‘buy’ call on the counter. The Business Times - Read...

THE return of global travel has lifted the fortunes of Ascott Residence Trust (ART), as it recorded a 14 per cent rise in distribution per stapled security (DPS) to S$0.0233 for H1 ended June. The Business Times - Read...

THE return of global travel has lifted the fortunes of Ascott Residence Trust (ART), as it recorded a 14 per cent rise in distribution per stapled security (DPS) to S$0.0233 for H1 ended June. The Business Times - Read...

THE Kuik family’s Sim Lian Holdings and the Lim family behind Evan Lim & Co are teaming up to redevelop their neighbouring ageing freehold industrial buildings in Mandai Estate into a 10-storey strata ramp-up development for food factories. The Business Times - Read...

PRICES and rents of Singapore industrial spaces continued to climb for the seventh straight quarter in Q2. Meanwhile, occupancy rates crept up in the quarter after dipping in Q1, according to JTC’s quarterly market report released on Thursday (Jul 28). The Business Times - Read...

OPTIMISM about Suntec Reit’s office portfolio, as well as recovery in the retail and convention segments, has prompted at least 1 broker to upgrade its call on the counter. Most of the other analysts who cover the stock also see better prospects for the sectors in which Suntec Reit operates, although several have flagged its high leverage. The Business Times - Read...