SAN FRANCISCO (Reuters) - Tesla faces a watershed moment on Thursday when CEO Elon Musk takes the stage at the Warner Bros Hollywood studio to unveil much-delayed plans for a robotaxi, a project that has reignited the electric vehicle maker's stock, despite cooling expectations for EV growth.
BlackRock Inc. and the hotel unit of Malaysian developer YTL Corp. are set to purchase a group of serviced apartments in a prime office building in Singapore’s Central Business District, according to people familiar with the matter.
The facility is located in CapitaSpring, an office building that was completed in 2021. The buyers are seeking to repurpose the property to be more like a hotel and allow for single-night stays, the people said. Guests at serviced apartments in Singapore are currently required to stay for at least seven days.
BlackRock and CapitaLand Development didn’t immediately respond to emailed requests for comment. YTL Hotels declined to comment. A spokesperson for CICT said the trust regularly reviews and evaluates asset plans to maximize value for unitholders and"there is no certainty of any deals materializing.”
YTL Corp Blackrock YTL Hotels Citadines Raffles Place
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