23+ hour ago   (548+ words) Higher rental rates, bed sales, and expanded capacity lifted revenues. Centurion Accommodation REIT (CAREIT) reported a net property income (NPI) of $78.4m for the first half (H1) of 2026, exceeding the company's prospectus forecast by 4.3%. Gross revenue reached $108.9m, above the forecast by 5.1%. Its…...

1+ day, 3+ hour ago   (254+ words) All-Link Air & Sea Limited saw its initial public offering (IPO) drew applications for 10,181,800 shares against just 2,100,000 available, 4.85 times oversubscribed after it listed on 5 August. The 409 valid applications for the public offer tranche brought in application monies of approximately $5.4m, against an…...

1+ day, 3+ hour ago   (301+ words) Gross margin widened to 36.2% as revenue grew 36.2% to $3.33b (RMB17.53b). Yangzijiang Shipbuilding (Holdings) Ltd.’s net profit rose 28.4% to $1.02b (RMB5.37b) in the first half (H1) of 2026, from $794.2m (RMB4.18b) a year earlier. Its gross profit climbed 42.8% to $1.21b (RMB6.35b) from $845.5m (RMB4.45b), according to a bourse filing. Gross margin widened…...

1+ day, 8+ hour ago   (456+ words) Commercial real estate investment climbed 238% YoY to $23.3b (US$18.2b) in the first half of 2026, recording the strongest growth amongst the major Asia-Pacific markets tracked by JLL. Investment during the second quarter more than doubled to $8.6b (US$6.7b), representing a 108% increase from the…...

1+ day, 8+ hour ago   (448+ words) Graduate traineeship programmes will be extended to the 2026 cohort. About 3,600 of approximately 18,000 recent graduates from Singapore’s autonomous universities were still seeking employment as of June 2026, the Ministry of Manpower (MOM) said. The figure represented roughly one in five graduates from…...

1+ day, 7+ hour ago   (277+ words) Annualised premium equivalent volume advanced 21% to $1.50b. Manulife’s Asia business reported net income attributable to shareholders of $768m for the second quarter of the year (Q2 2026), up 28% from $600m a year earlier. Core earnings increased by 21% to $616m, from $520m in the second quarter of 2025. Annualised…...

2+ day, 3+ hour ago   (551+ words) Site could be redeveloped into up to 395 apartments next Jurong Lake Gardens. A collective sale by tender has been launched for Lakeside Towers in the Jurong Lake District with a reserve price of $350m, according to JLL. The sale has secured…...

2+ day, 1+ hour ago   (427+ words) The increase was led by higher leasing activity in the non-landed segment. Singapore’s private residential leasing market recorded 22,290 rental contracts commencing in the second quarter (Q2) of 2026, a 5.1% quarter-on-quarter (QoQ) increase and a 3% year-on-year (YoY) rise. According to Savills, the increase was…...

2+ day, 44+ min ago   (345+ words) The project was sold for $343m. Keppel Ltd said it has achieved its 2026 monetisation target of $2b to $3b ahead of schedule following divestment in its Vietnam project. The group, through its real estate division, has entered into a conditional agreement to divest…...

2+ day, 1+ hour ago   (333+ words) Acquisitions and Australian gains lift gross revenue 6.7% to $805.5m. CapitaLand Ascendas REIT’s (CLAR) net property income (NPI) rose 6.2% year-on-year to $556.1m in the first half (H1) of 2026. Gross revenue increased 6.7% to $805.5m, whilst distributable income grew 8.6% to $359.4m. Distribution per unit stood at 7.482 cents, compared…...