Australia

Environmental, Social and Governance

Sun Cable shareholders commit another A$210 mil for A$30 bil cable to Singapore project

Sun Cable plans to lay a 4,200-kilometer cable to supply enough electricity to meet 15% of Singapore’s energy demand
Link REIT takes stake in A$2.3 billion Investa Gateway Office Venture - THE EDGE SINGAPORE

REITs

Link REIT takes stake in A$2.3 billion Investa Gateway Office Venture

Link REIT expands footprint in Australia with stake in A$2.3 billion office portfolio
Singtel may have a A$393 million tax bill in Australia - THE EDGE SINGAPORE

Telecommunications

Singtel may have a A$304 million tax bill in Australia

Singtel may have a A$304 million tax bill in Australia for which no provision has been made

Covid-19

Australia keen for Singapore travel lane, trade minister says

Tehan said international students, working-holiday visa holders, and agricultural workers may be welcomed back before Christmas.

Company in the news

Crown has two years to clean up or lose its Melbourne casino

The company avoided the worst possible outcome - an immediate loss of the Melbourne license.

Environmental, Social and Governance

A A$30 billion plan to export solar power from Australia to Singapore clears key hurdle

The company plans to supply enough power to meet 15% of Singapore’s demand from a solar and battery complex deep in Australia
Singtel’s Optus acquires high-band 5G spectrum for A$226 mil - THE EDGE SINGAPORE

Telecommunications

Singtel’s Optus acquires high-band 5G spectrum for A$226 mil

The new licenses in the 26GHz spectrum band will support Optus' 5G network in Australia.
With assets Down Under in demand, MLT plans up  to $1 billion in acquisitions despite missing out - THE EDGE SINGAPORE

REITs

With assets Down Under in demand, MLT plans up to $1 billion in acquisitions despite missing out

Logistics assets in Australia are much in demand given the competition for the portfolio acquired by ESR and GIC
'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.
Frasers Property obtains A$300 mil sustainability-linked loan in Australia - THE EDGE SINGAPORE

Sustainability

Frasers Property obtains A$300 mil sustainability-linked loan in Australia

The loan marks Frasers Property’s fifteenth green and sustainability-linked financing.
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