UK

Global Economy

Sterling markets are right to ignore politics

The only Britons not rivetted by the drama at No. 10 are those who trade British pounds, UK equities and gilts for a living.

Russia-Ukraine crisis

US and UK move to ban on import of Russian oil

Russia’s gas and oil had so far been mostly spared from sanctions introduced by the US and European countries
Cromwell European REIT enters UK with acquisition of logistics asset for GBP10 mil - THE EDGE SINGAPORE

REITs

Cromwell European REIT enters UK with acquisition of logistics asset for GBP10 mil

The REIT has acquired a freehold logistics building that is 100% let on a 10-year lease.
'Buy' Parkway Life REIT to ride upside on once-in-15 years opportunity: DBS - THE EDGE SINGAPORE

Broker's Calls

'Buy' Parkway Life REIT to ride upside on once-in-15 years opportunity: DBS

The renewal of the master lease for its Singapore hospitals could deliver possible DPU upside of 7% - 23%, says DBS.
Investors can now invest in tokens exposed to private REITs via iSTOX - THE EDGE SINGAPORE

Fintech

Investors can now invest in tokens exposed to private REITs via iSTOX

MERIT targets a 12% internal rate of return and will be managed by Mapletree Real Estate Advisors.
FLCT in discussions to potentially acquire assets in the UK - THE EDGE SINGAPORE

REITs

FLCT in discussions to potentially acquire assets in the UK

As at 9.30am, units in FLCT are trading 1 cent higher or 0.7% up at $1.41.
Xero to acquire workforce management platform Planday - THE EDGE SINGAPORE

M&A

Xero to acquire workforce management platform Planday

Total potential consideration for the acquisition is 183.5 million euros.
S-REITs in 'flurry' of M&A activities, BOE may deploy negative interest rates: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

S-REITs in 'flurry' of M&A activities, BOE may deploy negative interest rates: UOB Kay Hian

The analysts are maintaining their “overweight” call on the sector.
Nvidia to buy SoftBank's chip division for US$40 bil - THE EDGE SINGAPORE

Tech

Nvidia to buy SoftBank's chip division for US$40 bil

SoftBank shares surged as much as 10% on news of the deal and renewed talks for the company going private.
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