Singapore is the largest sustainable finance market in Southeast Asia, accounting for about 50% of sustainable debt issuances cumulatively.Hence, there is an urgent need to mobilise private capital to sustainable projects, says Indranee Rajah, minister at the prime minister’s office; and second mi...

IREIT Global on Tuesday (Jun 21) announced that it has secured a 12-year lease for about 5,300 square metres (sq m) of vacant data centre space at its Sant Cugat Green building in Barcelona, Spain, representing around 20.4 per cent of the property’s total lettable area.

Many over the world are feeling the pinch of inflation and stagflation, which have hit multi-year highs in many countries, including the US which has raised hikes its benchmark interest rate by 0.75 percentage points last week, the biggest increase since 1994.US inflation, measured by the Consumer P...

Quoteworthy: "It might seem now that we’re jumping from a hot pandemic, to a hot war, hot prices and a hotter planet." — Alvin Tan, minister of state for Culture, Community and Youth, and Trade and Industry, at Maybank Invest Asean 2022 on June 8Singapore’s GDP expected to grow 3.8% in 2022 Si...

The government has published the Singapore Green Bond Framework, first announced at Budget 2022 in February. This sets the stage for Singapore’s first sovereign green bond to be issued in the coming months.To qualify, projects must first be classified “nationally significant” under the Signifi...

CAPITALAND Investment (CLI) has achieved green building certifications for 48 per cent of its global portfolio by square metres (sq m), it said in its 2021 Global Sustainability Report released on Tuesday (May 31).

The building and construction sector faces an intact recovery despite macro challenges, say CGS-CIMB Research analysts Ong Khang Chuen and Kenneth Tan.In a May 4 note, Ong and Tan are maintaining “overweight” on the sector. CGS-CIMB hosted BRC Asia, Pan-United Corporation and Vicplas Internation...

Ascott Residence Trust (ART) has issued its first sustainability-linked bond of $200 million under its Sustainability-Linked Finance Framework. The trust is the first Singapore-listed real estate trust to issue a sustainability-linked bond, in addition to being the first hospitality trust in Singapo...

Amid persistently high inflation rates coupled with rising oil prices, businesses are now looking at higher utilities and petrol costs, as well as labour costs. Landlords, too, will have to face higher utility and maintenance costs when their contracts are rolled over to the 2HFY2022 and FY2023.With...

SINGAPORE: The Housing & Development Board (HDB) has raised S$1 billion through the issuance of its inaugural green bond, marking its first step into green finance transactions.  The proceeds from the green bond will be used exclusively to finance HDB’s green building projects as guided b...