MAINBOARD-LISTED The Straits Trading Company has joined a consortium to buy a shopping centre in Shanghai for 2.42 billion yuan (S$468.9 million), the board disclosed on Tuesday.

STARHILL Global Reit will pay out a distribution per unit (DPU) of 1.1 Singapore cents, up by 0.9 per cent on the year before, for the fourth quarter to June 30, the manager has said.

OUTLOOK 2019

RETAIL rents this year could stay flat or marginally increase for malls along the Orchard Road belt and in prime suburban areas, although a continued influx of supply and broader economic issues...