|Bid||3.0400 x 0|
|Ask||3.0500 x 0|
|Day's range||3.0000 - 3.0500|
|52-week range||2.8300 - 3.6462|
|Beta (5Y monthly)||0.36|
|PE ratio (TTM)||25.21|
|Earnings date||21 Jul 2021 - 26 Jul 2021|
|Forward dividend & yield||0.07 (2.42%)|
|Ex-dividend date||11 May 2021|
|1y target est||2.79|
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E * BoT decision due around 0700 GMT * Indonesia Q1 GDP -0.74% * India cenbank announces support measures * SG shares slump for fourth day By Anushka Trivedi May 5 (Reuters) - The Thai baht eased while shares tumbled almost 2% ahead of the central bank's policy review on Wednesday, while Indian equities jumped as the country's central bank announced measures for lenders and small businesses amid a devastating COVID-19 wave. In a data-packed day for Asia, most currencies traded flat to higher against the U.S. dollar, while Philippines and Singapore shares slid and Taiwan's were up 0.5%. The baht fell 0.2% and shares declined to their worst day in three-months on resuming trade after holidays this week as the trade-and-tourism-reliant economy battles a deadly wave of COVID-19 infections.
SINGAPORE (EDGEPROP) - Ascendas Real Estate Investment Trust (Ascendas Reit) plans to acquire the remaining 75% equity stake in Ascendas Fusion 5, the holding entity for Galaxis, a business park in the one-north district. According to Ascendas Funds Management, the manager of the Reit, the purchase consideration for the proposed acquisition is about $534.4 million.“Following the acquisition of our initial 25% interest in Galaxis in March 2020, this proposed acquisition will allow Ascendas Reit to have full ownership of the property,” says William Tay, executive director and CEO of Ascendas Funds Management.Following the proposed acquisition, Ascendas Reit will have full ownership of Galaxis. (Picture: Ascendas Reit)The proposed acquisition will enlarge the Reit’s business and science park portfolio in Singapore by 18% to $4.9 billion and increase the number of properties it owns in the one-north business park district to five developments.Galaxis was completed in 2015 and the site has a remaining land tenure of about 51 years. The property is zoned for business park use with a 30% white component. About 73% of the net lettable area comprises business park space, 17% is office space, and 7% is set aside for retail and F&B areas. The last 3% is dedicated to work lofts and a two-storey basement carpark.Notable tenants include Sea, Canon, and Oracle, among other information and communications technologies and electronics tenants. The building enjoys a high occupancy rate of 98.6%.Check out the latest listings near GalaxisSee Also: Singapore Property for Sale & Rent, Latest Property News, Advanced Analytics Tools New Launch Condo & Landed Property in Singapore (COMPLETE list & updates) Benham and Reeves showcases One Thames City, London Square Greenwich PLP to set up base in Singapore, discusses Park Nova’s sustainable luxury design Robert Cheng creates quietude and warmth at Park Nova En Bloc Calculator, Find Out If Your Condo Will Be The Next en-bloc HDB Resale Flats Up For Sale, Affordable Units Available
Singapore's CapitaLand plans to split in two, with its real estate investment management business becoming the world's third largest as a new listed entity and its property development business to be taken private. CapitaLand, which is 52% owned by Singapore state investor Temasek, said it aims to achieve higher valuations for the investment management business which will no longer be hobbled by the intensive capital needs of development.