iFAST's first four Xtrackers ETFs start trading on SGX. XBG, JPY, KOR and TWD opened on Thursday morning, all in Singapore dollars and SRS-eligible. iFAST is issuing ETFs for the first time, with DWS Xtrackers as partner. Four iFAST Xtrackers funds started trading on the Singapore Exchange on Thursday morning. That is the listing, not the offer. The S$1.00 subscription window ran from 1 to 14 October. iFAST Corporation Ltd. (UEN 200007899C) is the listed parent, on the board since December 2014. The issuer on the listing confirmation is iFAST Global ETFs Select Series VCC, which has no row of its own on this register. The manager is iFAST Financial Pte. Ltd. (UEN 200000231R). The four lines, all in Singapore dollars and SRS-eligible, are the iFAST Xtrackers Artificial Intelligence & Big Data UCITS Index ETF (XBG), Nikkei 225 (JPY), MSCI Korea 20/35 Custom (KOR) and MSCI Taiwan 20/35 Custom (TWD). Each is a feeder. It tracks the named index by holding shares of the matching Xtrackers UCITS ETF. Total expense ratios sit between 0.43 per cent and 0.77 per cent. SGX's listing confirmation, broadcast at 11.41am on 21 October, set the effective start at 9.00am on Thursday. The exchange itself put out a welcome note. Lianhe Zaobao quoted Ng Yao Loong (黄耀龙), head of global financial markets at Singapore Exchange Limited (UEN 199904940D): iFAST's first outing as a homegrown ETF issuer, he said, injects new vitality into Singapore's ETF ecosystem. The same release said the tie-up combines iFAST's issuance and distribution with Xtrackers' scale and index-investing record. "We plan to further enrich the ETF product line and deepen partnerships with internationally known fund managers." Lim Chung Chun (林长征), group chief executive, iFAST Corp, Lianhe Zaobao, 22 October 2026 Zaobao had him calling the first batch a milestone in building out the global investment platform. The 1 October launch release, which this site did not write up at the time, had a longer version of the same thought: moving into issuance was "a natural extension of iFAST's role in global investing", aimed at bringing the exposures onto SGX in Singapore dollars during local hours. DWS, Standard Chartered, a VCC. The partner is DWS Group, Deutsche Bank's asset manager, which runs ETFs under the Xtrackers brand. Sophia Kim, head of Xtrackers sales for Asia-Pacific, said in the October launch note that the suite mixed global AI, Japan, Korea and Taiwan with Singapore-market access. Kenny Tjan, director of iFAST Global ETFs, said the four sleeves matched iFAST's research views on long-term themes. DWS itself is not a Singapore ACRA company in this story. Singapore Business Review, covering Thursday's listing, named Standard Chartered as authorised custodian and ETF registrar. On this file that is Standard Chartered Bank (Singapore) Limited (UEN 201224747C) and Standard Chartered Trust (Singapore) Limited (UEN 201223960D). Until now iFAST distributed other people's ETFs through FSM Global and the B2B network. Issuing its own, under a VCC, is the new line. Assets under administration were S$36.13 billion as at 30 June 2026. iFAST shares closed at S$7.97 on Thursday, down 1.73 per cent, Zaobao said at 5.12pm. The listing is a product launch. It is not, on one day's tape, a rerating. Korea and Taiwan sit in the global semiconductor chain. The AI sleeve tracks the Nasdaq Global Artificial Intelligence and Big Data Index. Japan is the Nikkei 225. Investors who subscribed in the first two weeks of October can now trade the units on SGX-ST like any other Mainboard ETF. Sources. * SGX, 21 October 2026, 11.41am, Exchange Traded Products - Listing Confirmation, IFAST GLOBAL ETFS SELECT SERIES VCC, effective 22 October 2026 9.00am (XBG, JPY, KOR, TWD) * Lianhe Zaobao, Lin Pingying, 22 October 2026, 5.41pm, 新交所迎奕丰四只新ETF上市 (Ng Yao Loong; Lim Chung Chun; TER 0.43-0.77 per cent; SRS; S$7.97 close) * Singapore Business Review, 22 October 2026, iFAST debuts as ETF issuer with four SGX listings (Standard Chartered custodian and registrar) * iFAST Corp SGX release, 1 October 2026, FileID 905645, iFAST Corp Launches its First ETFs on SGX in Partnership with Xtrackers by DWS (S$1.00 offer 1-14 October; AUA S$36.13 billion; Lim, Tjan, Kim quotes) Related company Companies mentioned

Ingenia, Warburg aim to sign deal framework by Friday and more APAC real estate headlines. Takeover talks lead today's real estate headlines from around Asia Pacific as Australia's Ingenia Communities and US-based Warburg Pincus aim to agree to a process deed on a $1.5 billion bid by Friday. Also in the news, Korean data centre firm Elice slumps after a $151 million IPO and credit risk at Japan's SoftBank hits a four-year high. Australian land lease operator Ingenia Communities has granted US private equity firm Warburg Pincus comprehensive due diligence access while the two sides work to conclude negotiations of a process deed agreement on how the talks will proceed by 23 October. Media reports value Warburg's A$5.25 per security takeover proposal at A$2.1 billion ($1.5 billion). Warburg had required the deed by 19 October. Ingenia's board has not deemed the proposal superior to its planned acquisition of developer Peet, and a binding offer is not certain. Ingenia's securities closed on Tuesday up nearly 9.7 percent. Read more>> Shares of Seoul-based data centre infrastructure firm Elice fell as much as 33 percent in their Tuesday debut on KOSDAQ, South Korea's tech-focused stock market, after the company raised KRW 201 billion ($151.2 million) in an initial public offering. Elice priced its shares at the top of their marketed range, valuing the firm above KRW 1 trillion, and retail investors oversubscribed their tranche more than 400 times, but Bloomberg linked the slump to concern over the data centre sector's outlook. Read more>> Five-year credit default swaps on Japanese tech investor SoftBank, which track the cost of insuring its debt against default, rose to 432 basis points on Tuesday, their highest level since early November 2022, according to Bloomberg data. The swaps have widened by more than 30 basis points since crossing 400 a week earlier, a rise Bloomberg attributed to growing concern over SoftBank's AI-related funding and a potential large acquisition. Read more>> Japanese developer Daiwa House Industry said it has completed DP-Lab Kobe, a six-storey rental laboratory with 9,144 square metres (98,431 square feet) of floor space in the Kobe Biomedical Innovation Cluster, which it calls Japan's largest biomedical hub. The project is Daiwa's first rental lab in western Japan's Kansai region and offers up to 14 wet lab units of about 98 to 1,040 square metres, with the company saying high occupancy at Kobe's wet labs has left supply short. Read more>> German asset manager DWS has opened a liaison office in Jeonju, the southwestern South Korean city that is home to the National Pension Service, to deepen its long-standing relationship with the pension fund and complement its Seoul presence, the company said. DWS Asset Management Korea CEO Tae-Young Lee said NPS has been an important partner to the firm for decades, and the company said it will adopt Deutsche Asset Management as its new global brand in early November. Read more>> Hong Kong rail operator MTR Corporation is borrowing to commit at least HK$38.9 billion ($5 billion) to build lines serving the Northern Metropolis, a planned development zone near the Shenzhen border, Bloomberg reported. MTR will receive land in return under a funding model Bloomberg said has never been tested at this scale, in contrast to earlier projects where the government granted land around new stations or paid for the lines, and the company will wait years to learn whether the land covers the cost. Read more>> Singapore-listed Centurion Corporation has completed its A$45 million ($31.3 million) acquisition of a worker accommodation business and land in Karratha, a mining hub in Western Australia's Pilbara region, in a deal the company said marks its entry into key worker accommodation. The asset includes Velocity Village, with 186 beds across 93 rooms, and Velocity Motel & Bistro, with 135 single-occupancy rooms, and in April Centurion also agreed to buy a second Pilbara asset in South Hedland for A$28.6 million. Read more>> China's top 100 developers spent RMB 578.5 billion ($86.5 billion) on land in the first nine months of 2026, down 20.5 percent year on year, according to Beijing-based China Index Academy, with the decline widening by 2.7 percentage points after six months of narrowing. The researcher linked the slowdown to rules issued on 28 August that favour sales of completed homes on newly sold land by requiring developers to wait until a project's main structure tops out before presales, which it said lengthens developers' funding cycles. Read more>> Tune in again soon for more real estate news and be sure to follow @Mingtiandi on X, or bookmark Mingtiandi's LinkedIn page for headlines as they happen.

Hickman Shearer has advised DWS on its investment in Flannery Plant Hire, providing technical due diligence and asset advisory services for the acquisition. Flannery is the UK's largest operated heavy plant hire company. It supplies equipment and operators to the infrastructure and civil engineering sectors. Working to a tight timetable, Hickman Shearer assessed the fleet's composition, age, maintenance records, utilisation, and disposal history. It also reviewed the systems used to manage and replace machinery across multiple locations, and identified where future capital needs might arise. "Our role was to provide DWS with an independent technical assessment of the asset base and supporting operational processes," said James Fox, senior director at Hickman Shearer.