Merck and Wellcome Trust’s Hilleman Laboratories on Monday unveiled a pilot manufacturing facility for vaccine development in Singapore.
In response to rising demand, self-storage stock has expanded 5-15 per cent CAGR over the past five years in mature markets including Japan, Australia, and Hong Kong.
Demand for tertiary education has been on a rising trend before the pandemic. As social restrictions ease and international travel returns, the demand for student accommodation is likely to rebound, supporting investments into this asset class.
China’s most populous province Guangdong said on Friday (Nov 5) that its 2 biggest metropolises, Guangzhou and Shenzhen, must allocate at least 10 per cent of their land for rental housing to meet rising demand for homes, especially among the young.
China’s big factories just had their worst month since the Covid-19 pandemic began, underscoring the scale of the slowdown in the world’s second largest economy and the supply challenges facing their customers.
President Xi Jinping’s pledge for China to stop funding overseas coal plants has cast doubt on the fate of nearly 70 coal-fired plants from Indonesia to Vietnam.
ESR Australia has paid $17.65 million for a seven hectare Berrinba industrial development site. The block abuts the group’s Gilmore Industrial Estate – which will now be extended. The amalgamated 12ha holding can accommodate about 65,000 square metres of product.
ASCOTT Residence Trust announced last week that it will acquire a student accommodation property in Texas, in the United States, which will be its third student accommodation asset investment this year.