SUBSCRIBERS
Corporate digest
Published Fri, Apr 15, 2022 · 05:50 AM
Elite Commercial Reit
ELITE Commercial Reit said its lease for Tomlinson House in Blackpool Norcross Lane to the United Kingdom's Ministry of Defence will now run till March 2028, after the lease break option occurring in March 2023 had been removed.
This, noted the Reit, furnished income visibility for the next 6 years from March 2022 as well as further upside from its built-in inflation-linked rental escalation from April 2023.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Philippine central bank tightens dirty money risk reporting rule
It is time to put idle cash back into the market
Singapore Savings Bond 10-year average yield hits year-to-date high of 3.33%
Gold dips as US dollar edges higher, investors seek more Fed cues
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
A timeline of DBS’ recent banking glitches