Singapore's retail property group CapitaMall Trust is currently involved in a redevelopment project and shorter lease structures in Asia allow companies like CapitaMall Trust to be less susceptible to increases in market rents.

FORBES

She said the U.S. and South Korea can do more to strengthen their partnership, and called on Congress to pass a bill that would allow more Koreans to get visas to work in the U.S. And she urged President Barack Obama to start a multilateral dialogue process in Northeast Asia to help build trust within the region.

WSJ: Korea's President Seeks to Shore Up U.S. Support

The deal will likely further enhance Singapore's status in the eyes of investors as Southeast Asia's top venue for trust listings.

WSJ: Asian Pay Television Poised to Raise $1.1 Billion in Singapore IPO

The six groups with reduced funding are Southampton's Turner Sims Concert Hall, John Hansard Gallery and Nuffield Theatre, The Anvil in Basingstoke, Southampton-based Art Asia and the Aspex Visual Arts Trust, based in Portsmouth.

BBC: Southampton City Council gets ?300,000 arts funding

The trust thinks the birds may have found a new site in Asia.

BBC: Red-breasted goose