Industrial
Mapletree Industrial Trust DPU up 1.5% at S$0.0337, with higher occupancy and rents
MAPLETREE Industrial Trust (MIT) reported a distribution per unit (DPU) of S$0.0337 for the second fiscal quarter ended Sep 30, 2024, up 1.5 per cent from S$0.0332 in the...
Texas Instruments forecasts fourth-quarter below estimates on weak chip demand in industrial markets
TEXAS Instruments (TI) forecast fourth-quarter revenue and profit below estimates on Tuesday (Oct 22) as the chipmaker navigates a buildup of inventory in some segments such as industrial, even...
CapitaLand Ascendas Reit to divest industrial asset in Singapore at S$45.3 million premium
CAPITALAND Ascendas Reit (Clar) is divesting an industrial property at 21 Jalan Buroh in Singapore for S$112.8 million. This is nearly double the original purchase price of S$58.4 million, when...
Brokers’ take: Maybank upgrades Mapletree Industrial Trust to ‘buy’ on Japan acquisition
Price target has been raised to S$2.60 from S$2.15 to account for a lower risk-free rate of 2.75 per cent versus 3 per cent previouslyMAYBANK Securities has upgraded its...
Mapletree Industrial Trust buying freehold, mixed-use property in Tokyo for 14.5 billion yen
Asset is fully leased to a Japanese conglomerate with a weighted average lease to expiry of about five yearsMAPLETREE Industrial Trust (MIT) will be acquiring a freehold, mixed-use property...
US industrial production data jumps sharply in August
US industrial production surged in August as motor vehicle manufacturing bounced back after plummeting in July, the Federal Reserve said Tuesday (Sep 17), shortly before kicking off a two-day...
Industrial Reits maintain resilience despite slowdown in industrial property market
IN JTC’s latest market report for the second quarter of 2024, it noted that industrial rents rose 1 per cent quarter on quarter, recording the slowest rate of increase...
Industrial Reits maintain resilience despite sector’s slowdown
IN JTC’s latest market report for the second quarter of 2024, it noted that industrial rents rose 1 per cent quarter on quarter, recording the slowest rate of increase...
Sembcorp inks MOUs with Panbil to pursue low-carbon industrial park projects in Batam
The proposed ventures aim to provide renewable energy solutions to light to medium industries and energy-intensive businessesSEMBCORP, through its wholly owned subsidiary Sembcorp Development, has signed memoranda of understanding...
