Straits Trading evaluating use of space as Covid-19 confines people to homes and alters their perception of real estate
It expects near-term impact across its various segments but is confident business will continue to grow in the long run
Singapore
THE novel coronavirus has confined people to their homes, radically altering the way people perceive space. This poses a fresh consideration for the team at The Straits Trading Company's real estate investment business, as it remains to be seen how the use of space will change once the pandemic blows over.
This comes as the group expects near-term impact across its various segments, but remains confident that the business will continue to grow in the long run.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly