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Singapore Home Sales Drop to Five-Month Low on Tariff Fears

Singapore Home Sales Drop to Five-Month Low on Tariff Fears

Bloomberg6 hours ago

Singapore's new private home sales fell to a five-month low in May, as global tariff tensions weighed on demand in the trade-dependent city-state.
Developer sales dropped for a third consecutive month, with just 311 units bought last month, according to data released by the Urban Redevelopment Authority on Monday.

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Step Into a World of Imagination With The Newly-Renovated Thematic Rooms at Four Points Surabaya, Pakuwon Indah
Step Into a World of Imagination With The Newly-Renovated Thematic Rooms at Four Points Surabaya, Pakuwon Indah

Associated Press

time26 minutes ago

  • Associated Press

Step Into a World of Imagination With The Newly-Renovated Thematic Rooms at Four Points Surabaya, Pakuwon Indah

SURABAYA, Indonesia, June 16, 2025 /PRNewswire/ -- Four Points by Sheraton Surabaya, Pakuwon Indah proudly announces the launch of its newly renovated thematic rooms, offering guests especially families with young children an extraordinary staycation experience filled with imagination, wonder, and lots of fun. The new addition features six uniquely designed rooms, where each of the room designed to delight the little guests' fantasy to life through carefully curated interiors, interactive design elements, and playful atmospheres that spark joy and creativity. Whether it's a magical escape or an adventurous journey, these rooms are built to inspire unforgettable memories. Introducing the Six Thematic Rooms: Strategically located above the Pakuwon Mall, the largest shopping mall in Indonesia, Four Points by Sheraton Surabaya, Pakuwon Indah provides the perfect balance of leisure and convenience, moreover enhanced by these imaginative new room options. For reservations and more information, visit or contact at +6231.297.10000 Press Contact Ms. Cindy Yuwono Complex Marketing Communications Manager [email protected] About Four Points by Sheraton® Four Points by Sheraton is a global brand with over 335 hotels in over 45 countries and territories. At Four Points, travel is reinvented where timeless classics are woven with modern details, paired with genuine service in a casual environment—all around the world. Four Points hotels can be found in the heart of urban centers, near the beach, by the airport, or in the suburbs. Each hotel offers a familiar place to kick back and relax with an authentic sense of the local, where guests can watch sports and enjoy the brand's Best Brews® program. Four Points is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit To learn more about Four Points, visit us online. View original content to download multimedia: SOURCE Four Points by Sheraton Surabaya, Pakuwon Indah

Northwest Healthcare Properties Real Estate Investment Trust Appoints Zachary Vaughan as Chief Executive Officer
Northwest Healthcare Properties Real Estate Investment Trust Appoints Zachary Vaughan as Chief Executive Officer

Associated Press

time26 minutes ago

  • Associated Press

Northwest Healthcare Properties Real Estate Investment Trust Appoints Zachary Vaughan as Chief Executive Officer

Toronto, Ontario--(Newsfile Corp. - June 16, 2025) - Northwest Healthcare Properties Real Estate Investment Trust (TSX: (the 'REIT' or 'Northwest'), a leading owner and operator of healthcare real estate infrastructure in North America, Brazil, Europe and Australasia, is pleased to announce the appointment of Zachary Vaughan as Chief Executive Officer. Mr. Vaughan is an accomplished real estate executive with strong international experience and a proven track record in both operational and strategic roles. His career in real estate spans significant roles at Brookfield (including Managing Partner, Head of European Real Estate, Head of Multifamily Investments and CEO of Brookfield REIT), CPP Investment Board, and International Property Corporation/Reichmann International. Over the course of his career, he has consistently demonstrated his ability to shape strategy, drive growth, and deliver substantial financial results. Mr. Vaughan will relocate full-time to Toronto following a period of transition from his current role as Head of Real Estate of Arrow Global, where he remains a Non-Executive Director. 'I am honoured to join Northwest, a leader in healthcare infrastructure,' said Mr. Vaughan. 'We have a tremendous opportunity with our property portfolio and capabilities to deliver meaningful value to our investors. I look forward to working with the talented team at Northwest to build on the strong foundation that has been established.' Mr. Vaughan succeeds Craig Mitchell, and the appointment will be effective July 2, 2025, immediately following Mr. Mitchell's planned retirement on July 1, 2025. Bobby Julien, non-executive Chair of the REIT commented, 'We sincerely thank Craig for his contributions and the solid foundation he has built, and we are thrilled to welcome Zach, whose proven leadership and expertise will guide Northwest into an exciting new chapter.' About Northwest Northwest provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at May 14, 2025, of interests in a diversified portfolio of 169 income-producing properties and 15.8 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe and Australasia. The REIT's portfolio of medical outpatient buildings, clinics, and hospitals is characterized by long-term indexed leases and stable occupancies. Northwest leverages its global workforce in eight countries to serve as a long-term real estate partner to leading healthcare operators. For additional information please visit: Contacts: Craig Mitchell, CEO, [email protected], Stephanie Karamarkovic, CFO, [email protected], Alyssa Barry, Investor Relations, [email protected], [email protected], (416) 366-2000 Ext. 2202 Forward-Looking Statements: This press release may contain forward-looking statements with respect to the REIT, its operations, strategy, financial performance and condition. Forward-looking statements in this press release may include statements concerning the timing of the CEO transition and delivering value to investors. Actual results and performance could differ materially from those expressed or implied by such statements. The forward-looking statements contained in this press release are based on numerous assumptions that may prove incorrect, and that could cause actual results or events to differ materially from the forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations, including that the transactions contemplated herein are completed. Important factors that could cause actual results to differ materially from expectations include, among other things, the factors described under 'Risks and Uncertainties' in the REIT's Annual Information Form, which is available on SEDAR+ at Unless otherwise stated, all forward-looking statements speak only as of the date of this press release, and, except as expressly required by applicable law, the REIT assumes no obligation to update such statements. To view the source version of this press release, please visit

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