Occupancy remains high for S-Reits’ Singapore retail assets
REAL estate investment trusts with retail assets in Singapore (S-Reits) continued to post strong committed occupancy and positive rental reversions in their latest reporting period ended…
Tag
assets
SingPost cautions sale of Aussie assets not done deal; no definitive agreement yet for Famous Holdings
WHILE Singapore Post (SingPost) has been in discussions with various parties for the sale of its assets, there is no certainty that any transaction will arise, said the group on Monday…
Maybank says SingPost can potentially offer a ‘significant’ special dividend after sales of assets
The bank says that the sale of Famous Holdings should conclude by end January 2025 BELEAGUERED national postal service provider SingPost could offer a potentially “significant” special…
KKR and Bain each bid more than US$5 billion for Seven & i assets: sources
PRIVATE equity firms KKR and Bain Capital each offered more than US$5 billion in first-round bids for the non-core assets of Japan’s Seven & i Holdings, according to sources familiar with…
Digital assets expected to charge on in 2025 amid bullish sentiment, say industry players
IF THE last six weeks are anything to go by, the bullish sentiment on digital assets will likely charge on into the new year and last for a while, be it in prices of cryptocurrencies,…
Alibaba, BlackBerry among companies selling assets for peanuts after splurging billions buying them
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices. Alibaba Group Holding announced on Tuesday (Dec 17) that…
China’s Cnooc sells US assets to Britain’s Ineos
CHINA’S Cnooc has sold its US subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group Ineos, according to a Cnooc statement issued on…
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest…
Standard Chartered targets US$200 billion in new wealth assets over next five years
STANDARD Chartered will target US$200 billion in new assets and double digit growth in income from its wealth business over the next five years, it said on Tuesday (Dec 3), as part of a…
The world’s super rich are moving to Dubai, but keeping their assets in Singapore, Switzerland
Nevertheless, influx of wealth into the UAE city will likely support its growth as a booking centre MORE high-net-worth individuals around the world are moving to Dubai, as the city…
Hong Kong’s private wealth assets rise for first time since 2020
HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual growth since 2020, according to a report released…
Goldman readies plans to spin-out its digital assets platform
GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle…
Goldman Sachs readies plans to spin-out its digital assets platform
GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle…
Frasers Property, Sekisui team up to redevelop Robertson Walk assets into 348 luxury homes for sale
FRASERS Property’s serviced residence Fraser Place Robertson Walk and its adjoining commercial area, Robertson Walk, will be redeveloped into a mixed-use project with 348 residential…
Peter Viens, new CEO of IReit Global’s manager, aims to diversify assets to attract institutional investors
The trust’s DPU is expected to drop as its Berlin property undergoes repositioning PETER Viens, the new chief executive officer of the manager of IReit Global, plans to diversify the…
Yen is first of many Japanese assets set to pivot on US election
A VICTORY for Kamala Harris in the US presidential election has the potential to support Japan’s ailing currency while a win for Donald Trump would probably boost the Tokyo stock market…
Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative investment firm’s assets under management (AUM) hit…
Australia’s TPG Telecom to sell fibre, fixed assets to Vocus for A$5.25 billion
TPG Telecom will sell its fibre and fixed network infrastructure assets including broadband provider Vision Network to Macquarie and pension fund Aware Super-owned telecommunications group…
BlackRock hits US$11.5 trillion of assets as private markets grow
BLACKROCK pulled in US$160 billion of client cash to its long-term investment funds last quarter, pushing the world’s largest money manager to a record US$11.5 trillion of assets as it…
Mizuho buys ‘safe’ assets on risk that US soft landing fails
MIZUHO Financial Group is preparing for short-term market disruptions if investors’ predictions of a soft landing in the US prove wrong, by stocking up on easy-to-sell assets such as…
GLP Capital Partners sells ex-China assets to Ares for up to US$5.2 billion
FUND manager GLP Capital Partners (GCP) has agreed to sell its operations outside China to US-based alternative investment group Ares Management, in a deal worth up to US$5.2 billion.…
Will ESR-Logos Reit cash in on buying interest in short-lease hospitality assets?
Even if the price fetched is below the end-2023 valuation, it may be worthwhile for the Reit to strike a deal for its hotel and convention centre next to Expo MRT station PROPERTY…
Leading renewable energy firms in India seek buyers for 20 Gw assets
Premium Several upcoming projects in western India are facing a shortage of substations to connect to the national grid 4 min read Last Updated : Oct 04 2024 | 12:17 AM IST Nearly 10…
Rebalance portfolio by directing SIPs towards underperforming assets
3 min read Last Updated : Oct 01 2024 | 10:13 PM IST Neha Kohli, 43, a resident of Sector 93, Noida, is on a sabbatical to pursue a master’s degree in anthropology. She relies on…