ESR REIT proposes to divest eight non-core Singapore assets for S$338.1 million, offering insights into capital recycling and balance-sheet management.

Also in Singapore, OUE REIT has announced a S$100 million unsecured loan facility, raising questions about refinancing, liquidity, and investor sentiment in the current funding environment.

In Asia, Japan’s latest Tankan survey showed large manufacturers’ sentiment at a four-year high, reinforcing expectations for a rate hike, while China’s November industrial output and fixed asset investment came in below forecasts, highlighting a softer-than-expected recovery.

On Market View, Alexandra Parada speaks to Too Juncheong, Dealing Manager at Moomoo Singapore, to discuss more about the day’s biggest market movements.