Corporate digest
SPH Reit
SPH Reit recorded an occupancy rate of 98.8 per cent as at end-November, its manager disclosed in a quarterly update on Friday (Jan 7).
This marks an improvement from its 97.9 per cent occupancy rate a year ago.
Alongside healthy occupancy, SPH Reit's weighted average lease expiry (WALE) is stable at a 5.5 years by net lettable area. Its strategically located assets with "captive catchments" cushi…
SEE ALSO
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
Telegram messaging service to allow Tether stablecoin payments