Suntec REIT divests stake in 9 Penang Road property for $295.5 mil
Suntec REIT has divested its 30% interest in a property located at 9 Penang Road to Haiyi Holdings for $295.5 …
S-REITS
Lendlease Global Commercial REIT to increase stake in Jem for a total of up to $347 mil
The manager of Lendlease Global Commercial REIT (LREIT) has announced that it is increasing its stake in Jem through the …
CGS-CIMB ups TP for Elite Commercial REIT as listing of subsidiary on TISE should offer favourable tax treatment
CGS-CIMB Research analysts Lock Mun Yee and Darren Ong have raised the target price accompanying their ‘add’ call for Elite …
Cromwell European REIT acquires Czech logistics asset for $16 mil
Cromwell European REIT (CEREIT) has acquired a logistics asset in the Czech Republic from an affiliate company of CEREIT’s sponsor …
These 3 REITs Are Poised to Increase Their DPUs
Good News for Investors: These 3 REITs Are Poised to Increase Their DPUs Income investors rejoice when dividends payouts are …
Singapore developer’s REIT IPO includes HSBC London Tower
City Developments has filed applications for an IPO of a REIT with commercial assets in the UK on the Singapore …
Ascendas REIT divests three Australian logistics properties for $129 mil
Ascendas REIT The manager of Ascendas REIT (A-REIT) has on June 3 entered into two separate agreements for the sale …
Mapletree posts net profit of $1.9 bil for FY20/21
Mapletree Investments Mapletree Investments has reported a net profit of $1.85 billion for the FY2020/2021 ended March, which includes a …
As Eagle Hospitality Trust’s Chapter 11 sale completes, recovery unlikely for unitholders
Eagle Hospitality Trust’s status as a listed stapled security comprising a REIT and business trust is approaching its endgame. Its …
DBS calls further govt reliefs as ‘timely’, identifies FCT as top retail S-REIT pick
DBS Group Research analysts Derek Tan, Rachel Tan and Dale Lai has called the additional $800 million pledged by the …
Lendlease Global Commercial REIT appoints former Keppel REIT CEO as new chairman
The manager of Lendlease Global Commercial REIT (LREIT) has appointed Ng Hsueh Ling as its new chairman effective June 1. …
Continue to ‘add’ Mapletree North Asia Commercial Trust as it expands Japan footprint: CGS-CIMB
CGS-CIMB Research is positive on Mapletree North Asia Commercial Trust’s (MNACT) announcement on its acquisition of a freehold office building …
Mapletree North Asia Commercial Trust acquires Tokyo office building for $475 mil
Mapletree North Asia Commercial Trust Mapletree North Asia Commercial Trust (MNACT) is acquiring an effective interest of 98.47% in a …
FLCT acquires six properties in Europe and UK for $549 mil, launches private placement to raise $300 mil
Frasers Logistics & Commercial Trust (FLCT) plans to acquire six freehold properties located in Germany, the Netherlands, and the UK …
Analysts positive on MINT’s acquisition of US data centres, but most keeping TP unchanged pending deal closure
Analysts are largely positive on Mapletree Industrial Trust’s (MINT) acquisition of 29 data centres in the US, which the manager …