acquisitions

REIT that offers price stability, stable DPU in a volatile year - THE EDGE SINGAPORE

Stocks To Watch

Mapletree Logistics Trust: REIT that offers price stability, stable DPU in a volatile year

Mapletree Logistics Trust's $1 billion of acquisitions made in 2020 are likely to boost net property income in 2021.
Keppel DC REIT’s DPU surges 20.5% in FY2020, manager plans to continue with acquisitions  - THE EDGE SINGAPORE

REITs

Keppel DC REIT’s DPU surges 20.5% in FY2020, manager plans to continue with acquisitions

Keppel DC REIT plans to continue growth path after DPU surged 20.5% in FY2020 to 9.17 cents. At current prices yield is 3.17%
Xero prices zero coupon US$700 mil convertible notes due 2025 - THE EDGE SINGAPORE

Funds

Xero prices zero coupon US$700 mil convertible notes due 2025

The settlement of the offering is expected on Dec 2, 2020.
Revez Corp acquires PGK Digital Networks for $4 mil, calls it a 'significant boost' to the mediatech landscape - THE EDGE SINGAPORE

M&A

Revez Corp acquires PGK Digital Networks for $4 mil, calls it a 'significant boost' to the mediatech landscape

The move is “strategically aligned” with Revez’s business vision for a full value-chain digitalisation for clients and partners.
PhillipCapital raises target price on Keppel DC REIT pending its acquisition deals - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital raises target price on Keppel DC REIT pending its acquisition deals

Among its peers, PhillipCapital analyst Natalie Ong prefers Ascendas REIT instead.

REITs

REITs raise more than $3.7 bil in follow-on capital raising and perps

REITs are bankers' best friends, raising $3.7 billion this year through equity fund raisings and perpetual securities
Mapletree Logistics Trust's private placement to raise $644.1 mil; issue price fixed at $2.027 per new unit - THE EDGE SINGAPORE

REITs

Mapletree Logistics Trust's private placement to raise $644.1 mil; issue price fixed at $2.027 per new unit

The private placement was approximately 5.5 times covered including the upsize option.

Broker's Calls

DBS upgrades ARA Logos to 'buy' amid abating downside risks, steepening yield curves

In a Monday report, DBS analyst Dale Lai believes that the REIT, along with other landlords and tenants, is well-placed to benefit from reopening of the Singapore economy as the state lifts its circuit breaker measures in staggered phases.

Investing ideas

SPH REIT becomes latest casualty of analyst downgrades as Covid-19 risks persist

Although the REIT had an "operationally steady quarter", analysts are quick to caution that it remains susceptible to retail headwinds as the Covid-19 outbreak escalates.

M&A

China Hongxing ditches shoes for gold and copper as it attempts RTO with MMIH

SINGAPORE (Nov 25): Suspended for about eight years, and counting, China Hongxing Sports is a counter that its long-suffering minority shareholders have most likely written off. A reprieve might be seen soon.
×