Industrial
Vicom sets up S$60 million integrated hub to adapt to EVs, complex industrial testing needs
The five-storey facility consolidates vehicle inspection and non-vehicle testing services in one location[SINGAPORE] Vehicle inspection service provider Vicom on Wednesday (Feb 4) unveiled a S$60 million integrated hub to...
FLCT logs positive rental reversions in Q1, boosted by logistics and industrial segment
[SINGAPORE] The manager of Frasers Logistics & Commercial Trust (FLCT) recorded positive rental reversions of 10.7 per cent on an incoming versus outgoing basis, in the first quarter ended...
Mapletree Industrial Trust Q3 DPU falls 7% to S$0.0317
The manager remains committed to its divestment target of S$500 million to S$600 million in North America [SINGAPORE] Mapletree Industrial Trust (MIT) posted a distribution per unit (DPU) of...
China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels.Copper on the London Metal Exchange (LME) burst through US$13,000 a...
Sembcorp unit wins investment licence to develop Vietnam-Singapore Industrial Park
[SINGAPORE] A wholly owned subsidiary of Sembcorp Industries – Sembcorp Development – has secured an investment licence to develop a new Vietnam-Singapore Industrial Park (VSIP) in Khanh Hoa Province...
Southern California has an unlikely AI mecca: the very industrial Vernon
Five miles south of downtown Los Angeles, a single industrial block in Vernon is drawing as much electricity as a small town.Inside a three-story, 242,000-square-foot building known as LAX01,...
CapitaLand Malaysia Trust to acquire five industrial facilities in Singapore-Johor SEZ
The properties are strategically located within the Johor-Singapore Special Economic Zone to capitalise on rising demand[SINGAPORE] CapitaLand Malaysia Trust (CLMT) has entered into an agreement to acquire five high-specification...
HG Metal subsidiary to buy industrial property in Tuas for S$20.8 million
[SINGAPORE] A unit of steel distributor HG Metal Manufacturing has exercised an option to purchase (OTP) an industrial property in Tuas for S$20.8 million, a move that will more...
