Daiwa House Logistics Trust proposes $46m maiden acquisition in Japan

SINGAPORE – Daiwa House Logistics Trust (DHLT) is proposing to acquire a portfolio of two logistics facilities and a piece of freehold land in Japan for a total consideration of 4.68 billion yen (S$46 million). In a filing on Wednesday, the real estate investment trust (Reit) manager estimates this to represent an 11.8 per cent discount […]

AscendEX Announces Revamped Earn Platform

New York, NY, September 08, 2022 – (SEAPRWire) – AscendEX, a leading global cryptocurrency exchange, is excited to announce the overhaul of its native earning platform, AcendEX Earn, including increased yields on 100+crypto assets such as BTC, ETH, USDT, and CRV. The updates are inspired by AscendEX’s ongoing commitment to offering everyone, from the novice investor to the […]

Me and My Money: Financial education key in making investment decisions

SINGAPORE – Diversifying his portfolio and keeping up to speed on his investments through research are two key guiding principles for finance professional Wayne Ko. “My current portfolio employs a diversification strategy to include active and passive returns, high and low-risk assets, short-term and long-term investments,” says Mr Ko, chief executive of PipBox Group, which […]

Keppel, KIT to co-invest $226m in European onshore wind energy portfolio

SINGAPORE (THE BUSINESS TIMES) – Keppel Corp and Keppel Infrastructure Trust (KIT) will jointly commit €160 million (S$226 million) to secure a 33.33 per cent stake in a joint investment vehicle, FundCo, which will co-invest in a European onshore wind energy portfolio, Keppel and KIT’s manager said on Wednesday (July 13). In the joint statement, […]

Global Portfolio and Work Management Leader Planview Expands with Asia Pacific Headquarters in Singapore; Two Asian Tech Veterans to Lead Regional Operations out of Singapore

SINGAPORE and AUSTIN, Texas, Jul 7, 2022 – (ACN Newswire via SEAPRWire.com) – Planview, a global leader in Portfolio Management and Work Management, today announced the establishment of its regional headquarters in Singapore. The expanded Asia Pacific operations will support the growing demand for software solutions to accelerate agility and business transformation. The business disruptions […]

Ascott to acquire Oakwood Worldwide from Mapletree Investments

SINGAPORE (THE BUSINESS TIMES) – CapitaLand Investment (CLI) on Monday (July 4) announced that its wholly owned lodging business unit, The Ascott, is acquiring serviced apartment provider Oakwood Worldwide from Mapletree Investments. While the purchase consideration was not disclosed, CLI estimates that the transaction will add some 81 properties and about 15,000 units to Ascott’s global […]