Chart of the Day: Check out where upcoming retail spaces will be located

6 Dec 2016 - Singapore Business Review
More than 60% will be established in suburban areas by 2018. The retail space market is set to see around 1.8m sq ft. of space to be completed by the end of 2017, Moodys investors service said in its latest report. By the said time, around 50% will be put up in suburban areas, while around 25% will be ...

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Office rents to decline by 10% in 2017 as supply surges

6 Dec 2016 - Singapore Business Review
About 3m sqft of space is coming on-stream. The office space market will be welcomed next year by a surging amount of space supply -- at around 3m sq ft. of space are coming-onstream in 2017, putting much further pressure on rents. According to RHB analyst Vijay Natarajan, office rents are to decline ...

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Singapore bank lending could turn cautious

6 Dec 2016 - Singapore Business Review
Loans could only grow 0-2% by next year. MayBank KimEng is projecting a 0-2% loan growth in FY17 for Singapore banks as it believes banks will be cautious in their lending and will only work with customers whom they are familiar with. Nevertheless, the research house thinks loan pricing in Singapore ...
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Business park rents to see 5% pick up in 2017

6 Dec 2016 - Singapore Business Review
It remains a bright spot for Industrial REITs. Industrial REITs will surely welcome next year with a bang as its business parks segment remain a bright spot. According to RHB Research, REITs with exposure to the business parks segment would most likely see growth next year, as demand supply dynamics ...
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Super Group posts flat Q3 with S$7.4m profit, sees competitive market ahead

5 Dec 2016 - Business Times Breaking News
BEVERAGE mix maker Super Group posted flat earnings growth in the third quarter amid slower food ingredient sales in South-east Asia, the company announced on Monday after the market closed. Net profit eased slightly to S$7.4 million, or 0.67 Singapore cent per share, for the three months ended September. ...
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GIC to invest $260m in Indonesian cinema operator

5 Dec 2016 - DealStreetAsia
GIC Pte, Singapore’s sovereign wealth fund, agreed to partner with an Indonesian cinema operator by investing 3.5 trillion rupiah ($260 million), to help expand the theater chain across the country. PT Nusantara Sejahtera Raya, which operates the Cinema 21, Cinema XXI and The Premiere brands in Indonesia, ...

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Vallianz Holdings slapped with two Swiber-linked foreign lawsuits

5 Dec 2016 - Singapore Business Review
The total claims are worth over $10m. Vallianz Holdings is facing two lawsuits from overseas in relation to beleaguered Swiber Holdings. In an SGX filing, Vallianz announces that the Company has been notified by Indian solicitors appointed by one Kishore Khanna and 2 other individuals of a suit commenced ...
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McDonald's sells Singapore franchise to Saudi group

5 Dec 2016 - Singapore Business Review
The deal covers 390 restaurants, including those in Malaysia. McDonald's Corp. revealed that it has selected Lionhorn as the Developmental Licensee (DL) for its Malaysia and Singapore markets. Lionhorn is led by Sheik Fahd and Abdulrahman Alireza, who bring 20 years of experience as the DL for the nearly ...

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Singapore's first listed company issue gets regulatory support

5 Dec 2016 - Singapore Business Review
The crowdsourced bond is worth $2m. According to Reuters, Metech International, an electronic-waste management company, is marketing a S$2 million ($1.4 million) crowdsourced bond, the first of its kind in Singapore. The recycling company is selling so-called listed company, or listco, bonds on Singapore-based ...

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Sabana REIT: Divestment Of 218 Pandan Loop For S$14.8 Million.

5 Dec 2016 - ShareInvestor Express
Sabana Shari'ah Compliant Industrial Real Estate Investment Trust has entered into a conditional sale and purchase agreement for the proposed divestment of 218 Pandan Loop, Singapore 128408 with X Properties Inc Pte Ltd. for the sum of S$14.8 million. The Sale Consideration is approximately 9.6% higher ...
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