- News News
- Singapore Singapore
- Coronavirus Updates Coronavirus Updates
- Commentary Commentary
- Esports Esports
- World World
- Videos Videos
- Sports Sports
- Weather Weather
More
More
Manchester United midfielder Bruno Fernandes has told Liverpool boss Jurgen Klopp to stop moaning about the number of penalties given to Ole Gunnar Solskjaer's side.
MOH has confirmed the detection of 30 new cases of COVID-19 infection in Singapore as of noon on Sunday (17 January).
A consortium led by Singapore-listed construction and property development company Lian Beng Group, announced that it has entered into a put and call option agreement to purchase the BreadTalk HQ Building for $118 million.BreadTalk's HQ at 30 Tai Seng Road has a double frontage along Upper Paya Lebar Road and Macpherson Road (Photo: Lian Beng Group)Lian Beng holds a 75% stake in the consortium, with Apricot Capital, the investment arm of Super Group's Teo family, taking a 20% stake. Meanwhile, 32RE, the fund management business co-founded by Matthew Ong, CEO of SLB Development, holds a 5% stake.The BreadTalk HQ Building is a 10-storey, single-user industrial development with retail component on the first level, located at 30 Tai Seng Street. The building has a gross floor area of about 248,902 sq ft, including the retail units.The building has double frontage along Upper Paya Lebar Road and Macpherson Road, and is within walking distance from Tai Seng MRT station. The building was designed by award-winning local architect Tan Kay Ngee, and serves mainly as BreadTalk Group’s international headquarters, housing its flagship retail brands, corporate offices, warehouse spaces as well as test and central kitchens. There are other third-party tenants among the occupants in the building.BreadTalk Group’s international headquarters, housing its flagship retail brands, corporate offices, warehouse spaces as well as test and central kitchens (pictured above) are located within the building (Photo: Samuel Isaac Chua/EdgeProp Singapore)The property sits on a piece of land with a 30-year lease commencing from Feb 1, 2010, with an option to extend for a further 30 years.BreadTalk Group has committed to lease back the property as an anchor tenant for an initial lease term of 10 years, with an option to either buy back the property at the end of the lease; or to extend the lease for a further five years at the prevailing market rent.“We are pleased to kick off 2021 by adding an attractive property to our investment portfolio,” commented Ong Pang Aik, chairman and managing director of Lian Beng Group. “The acquisition will extend our investment footprint in industrial real estate and help to diversify our property portfolio.” He expects the property to yield positive rental returns, in addition to potential capital appreciation over the longer term.Ong: The acquisition will extend our investment footprint in industrial real estate and help to diversify our property portfolio (Photo: The Edge Singapore)Meanwhile, George Quek, BreakTalk Group’s chairman and group CEO, says the transaction is part of “our capital re-allocation strategy towards a more asset-light model as we continue to focus on our core F&B business”.In late December, BreadTalk’s subsidiary, Imagine Properties, divested its shophouse at Lorong Mambong for $17.2 million to Cheong Sim Lam.See Also: Singapore Property for Sale & Rent, Latest Property News, Advanced Analytics Tools New Launch Condo & Landed Property in Singapore (COMPLETE list & updates) [UPDATE] Matthew Ong of SLB Development buys Thye Hong Centre for $112.5 mil BreadTalk boss offers prime shophouses for sale; Macly Group’s Tedge commercial units open to single buyer from $18 mil SLB Development enters fund management; bullish on co-living, industrial space En Bloc Calculator, Find Out If Your Condo Will Be The Next en-bloc HDB Resale Flats Up For Sale, Affordable Units Available
Hong Kong on Saturday hit back at the United States over its latest sanctions on six pro-China officials, slamming the move as "insane, shameless and despicable".
China will donate one million doses of its Sinovac coronavirus vaccine to Cambodia, the kingdom's strongman premier Hun Sen has said, thanking "friend" Beijing for its generosity.
Facing a potentially hostile US administration, Turkish President Recep Tayyip Erdogan is trying to break his isolation by mending EU relations, torn by what the bloc views as his bellicose foreign policy.
Mason Mount put Chelsea back on track with the late winner that sealed a vital 1-0 victory at 10-man Fulham, while Leicester moved up to second in the Premier League thanks to a 2-0 win over Southampton.
The Ministry of Health confirmed 24 new COVID-19 cases in Singapore on Saturday (16 January), taking the country’s total case count to 59,083.
Hours after an angry mob of Trump supporters took control of the U.S. Capitol in a violent insurrection, Selena Gomez laid much of the blame at the feet of Big Tech. “Facebook, Instagram, Twitter, Google, Mark Zuckerberg, Sheryl Sandberg, Jack Dorsey, Sundar Pichai, Susan Wojcicki — you have all failed the American people today, and I hope you’re going to fix things moving forward.”
Looking for Hong Kong stocks with good growth potential? Here are three you can consider adding to your watchlist. The post 3 Hong Kong Blue-Chip Companies I would Buy appeared first on The Smart Investor.
The lead US negotiator of the Iran nuclear accord and a battle-tested hawk on Russia were named Saturday to top posts in President-elect Joe Biden's State Department, signaling a return to a more traditional, multilateral approach after Donald Trump's chaotic presidency.
Attackers in organized columns, a woman shouting instructions on a megaphone, and suspicious tours the day before: investigators are probing the possibility that the January 6 attack on the US Capitol was planned, with help from insiders.
In countries like the Czech Republic, Serbia, Bosnia, Romania and Bulgaria, vaccine skeptics have included former presidents and even some doctors. Serbian tennis champion Novak Djokovic was among those who said he did not want to be forced to get inoculated.
Emirates has suspended flights to Australia's three largest cities as the country further restricts international arrivals over fears of new virus strains.
Reducing tariffs on China by even a "moderate" amount would benefit the US economy, according to a study by a business council and an economics firm.
New York prosecutors conducted an hourslong interview Thursday of Michael Cohen, President Donald Trump's former personal attorney, asking a range of questions about Trump's business dealings, according to three people familiar with the meeting. The interview focused in part on Trump's relationship with Deutsche Bank, his biggest and longest standing creditor, according to the three people, who weren't authorized to discuss the investigation and spoke to The Associated Press on the condition of anonymity. The interview, at least the second of Cohen by the Manhattan district attorney's office, comes amid a long-running grand jury investigation into Trump's business dealings.
Republicans are worried that a corporate backlash stirred by the deadly Capitol insurrection could crimp a vital stream of campaign cash, complicating the party’s prospects of retaking the Senate in the next election. The GOP already faces a difficult Senate map in 2022, when 14 Democratic-held seats and 20 Republican ones will be on the ballot. Eight Republican senators voted to reject Electoral College votes for President-elect Joe Biden, even after the ransacking of the Capitol by a mob of Donald Trump supporters who were exhorted by the president to stop Congress from certifying Biden's victory.
All travellers, including Singaporeans and permanent residents, will have to take a COVID-19 test upon arrival into Singapore from 11.59pm on 24 January.
By the time Joe Biden is sworn in as the 46th US president Wednesday, his scandal-tainted predecessor Donald Trump will already be far away, having helicoptered out of the White House a last time earlier that morning, an official said Friday.
Chief Kremlin critic Alexei Navalny was flying back to Russia on Sunday for the first time since a near-fatal poisoning attack last summer, facing the threat of imminent arrest after his plane lands in Moscow.
