aggregate leverage

REITs

Banks and REITs will have to accept that 35% leverage is not ‘viable’ going forward: KORE’s CFO

On Aug 1, DBS Group Research analysts Derek Tan and Dale Lai upgraded their call on KORE to “hold” from “fully valued”.

REIT Watch

New ICR floor provides relief to smaller overseas REITs

New MAS proposal on single boundary for ICR and aggregate leverage to benefit smaller overseas REITs, say analysts
Suntec REIT’s manager raises $94.4 million in strata sales at Suntec, prefers divestments to EFR to lower gearing   - THE EDGE SINGAPORE

REITs

Suntec REIT’s manager raises $94.4 million in strata sales at Suntec, prefers divestments to EFR to lower gearing

Suntec REIT's manager looks to divest core plus property in Australia or Suntec's strata units to lower aggregate leverage to 40%

REITs

Lippo Mall Indonesia Retail Trust sees aggregate leverage increase to 44.3%

The increased aggregate leverage was mainly due to a decline in the indicative portfolio valuations of its investment properties.

REITs

LMIRT estimates aggregate leverage ratio to be at 44.6% as at Dec 2022

The manager adds that it is exploring options and measures to “maintain a sustainable capital structure”.

Tong's Portfolio

How close are Bursa and SGX-listed companies to financial distress?

SINGAPORE (Apr 30): There is no question that the Covid19 pandemic and resulting restriction on movements will inflict significant economic pain on businesses on a global scale. Most government aid packages are currently focused on helping to tide small a

REITs

Some stress relief for retail REITs

Covid-19 has upended several orthodoxies. One of them is the view that retail REITs with suburban malls are the most defensive in the sector. To prevent the spread of the coronavi-rus, most retail outlets are closed.Singapore’s Tem

Covid-19 Solidarity Budget

What about the landlords?

SINGAPORE (April 6): Covid-19 has really upset the apple cart. With the circuit breaker underway, many retailers including fast fashion, beauty salons, nail bars and spas have to close. In the wake of this displacement, and the amount of economic activity
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