Founded in 2016 and listed in Hong Kong on Nov 1, 2019, ESR Cayman, whose business involves the development and management of logistics property portfolios, has taken the market by storm. On Nov 3, 2021, ESR Cayman will hold an EGM to obtain permission from its shareholders to acquire real estate fu...

A number of Singapore real estate companies have been recognised for their sustainability efforts in the 2021 Global Real Estate Sustainability Benchmark (GRESB) rankings. The GRESB assesses and benchmarks the ESG performance of global assets and monitors their progress towards global sustainability...

Despite the recent curbs on socialising implemented on Sept 27, Jem, which is adjacent to Jurong MRT interchange, continues to be a crowded mall at weekends. As one of the more successful suburban malls, Jem is likely to be a desirable addition to the portfolio of Lendlease Global Commercial REIT (L...

As governments and investors put money into green infrastructure, retail investors, too, can contribute towards a net zero world, says Ho Ching, CEO and executive director of Temasek Holdings. Speaking at the closing address of Temasek’s three-day Ecosperity Week 2021, Ho urged governments and bus...

Shell has awarded a contract to Penguin International to design, build and operate at least three fully-electric ferries that will be used to transport passengers between mainland Singapore to Shell’s Energy and Chemicals Park on the island of Bukom. According to Shell, the service will be the fir...

Digiassets Exchange (Singapore) (SDAX) has obtained its recognised market operator (RMO) licence from the Monetary Authority of Singapore (MAS) to operate a digital asset exchange on Sept 10. SDAX had received an approval-in-principle from MAS back in February. “With Singapore’s status as a tr...

Since Sept 2002, which is as far back as the FTSE REIT Index goes, REITs have outperformed the Straits Times Index by two times. Including distributions reinvested, the FTSE REIT Index has gained 520% these 20 years while the STI, with dividends reinvested, is up just 242%. In the past 10 years, the...

Yong Yean Chau, the unassuming and soft-spoken CEO of ParkwayLife REIT’s (PLife REIT) manager, describes the relationship between a healthcare REIT, its operators and master lessees as a collaboration. PLife REIT owns three hospitals in Singapore, where IHH Healthcare is the master lessee and an I...

THE following companies saw new developments that may affect trading of their securities on Wednesday:

FIRST Real Estate Investment Trust (Reit) said on Monday its subsidiaries have entered into conditional sale and purchase agreements for Sarang Hospital for around US$4.52 million.