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REITs
REIT results within expectations, with a DPU surge for Keppel DC REIT and challenges for ART
REITs' results are mainly within expectations, with Keppel DC REIT experiencing a DPU surge, while ART faces challenges
January 29, 2021
REITs
ESR-REIT plans growth by merger with Sabana REIT
The managers of ESR-REIT and Sabana Shariah Compliant Industrial REIT — both controlled by ESR Cayman — have announced the proposed merger of the two REITs via a trust scheme of arrangement.
July 17, 2020
REITs
FCT reinforces suburban mall portfolio, remains on analysts' buy lists
On July 1, Frasers Centrepoint Trust (FCT) announced it has exercised its rights of pre-emption under the bye-laws of PGIM Real Estate AsiaRetail Fund (ARF) to acquire another 12.07% stake for $197.2 million.
July 03, 2020