Asset Enhancement Initiatives (AEIs)

The new contract brings the group’s order book to $78.0 million for the next two years.

SINGAPORE (June 17): The manager of ESR-REIT has proposed an equity fund raising exercise to raise gross proceeds of up to $150 million.

SINGAPORE (Apr 16): In a Singapore Exchange filing, e-Shang Redwood (ESR), a pan-Asia logistics real estate developer, which is the sponsor and major shareholder of ESR-REIT, announced that it held a 7.05% stake in Sabana Shariah Compliant Industrial REI

SINGAPORE (Jan 25): Cambridge Industrial Trust (CIT) has declared a distribution per unit (DPU) of 1 cent for the fourth quarter ended 31 Dec, 12.6% down from 1.14 cents in 4Q15.

SINGAPORE (Oct 26): Cambridge Industrial Trust (CIT)’s 3Q distribution per unit (DPU) fell 18% to 0.987 cents from 1.2 cents the year before.

SINGAPORE (July 27): DBS Vickers Securities is keeping its “hold” call on CapitaLand Mall Trust (CMT) with a higher target price of $2.23 from $2.20 previously.