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Keppel-KBS US Reit's Q3 DPU above forecast

The Business Times
A STABLE performance in line with its initial public offering (IPO) forecast, supported by strong leasing momentum, positive rental reversion and lower property expenses, boosted results for US office landlord Keppel-KBS US Reit in its third quarter.

GIC makes two European investments

The Business Times
SINGAPORE sovereign wealth fund GIC has made two investments in Europe: one is a 465 million-euro (S$741 million) Paris office building, and the other, a significant minority stake in a Denmark-based company for an undisclosed amount.