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Archive for the ‘Business’ Category
GIC to buy Blackstone’s IndCor Properties for $8.1B

GIC to buy Blackstone’s IndCor Properties for $8.1B

An old warehouse being restored stands near the Brooklyn Bridge in the Brooklyn borough of New York, U.S. GIC, Singapore’s sovereign wealth fund, is buying warehouses across the U.S. as demand for industrial space climbs from web retailers and other customers. (2 Dec) – Singapore’s GIC Pte agreed to buy IndCor Properties... 

Is SG haunted by the ghost of retail therapy past?

Is SG haunted by the ghost of retail therapy past?

(12 Nov) – Singapore’s economy has managed fairly slow-and-steady growth despite a mediocre global outlook, but high household debt may come back to haunt the city-state. “Singapore is experiencing extraordinary low interest rates; the danger is that these are inducing unwise spending or investment decisions.... 

HK trumps SG in number of Chinese investors

HK trumps SG in number of Chinese investors

(Nov 20, 2014) – They beat us by $81m. Singapore has emerged as the second most-preferred outbound destination in Asia by mainland Chinese investors, who are forced to park their money overseas due to slowing real estate market back home, according to Cushman & Wakefield and reported in the media. The property consultancy... 



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