by bondevalue | May 6, 2021 | Singapore Dollar Bonds
Singapore-based property developer Ascendas Reit announced its plans to acquire the remaining 75% equity stake in Galaxis, a business park in Singapore, for S$534.4mn ($400mn), following its initial 25% acquisition in March 2020. The full ownership will enlarge...
by bondevalue | Apr 26, 2021 | Singapore Dollar Bonds
Capitaland Integrated Commercial Trust (CICT) reported a net property income (NPI) increase of 66% YoY to S$247mn ($186mn) and gross revenues of S$334.8mn ($253mn), up 64% YoY. The increase in revenues and NPI were mainly due to ‘higher integrated development...
