Australian properties

Company in the news

GIC sees Australian real assets as a haven from bumpy markets

The firm’s deals in Australia have included strategic partnerships with Macquarie Group Ltd. in 2014.
Keppel REIT divests stake in Brisbane property for A$275 mil - THE EDGE SINGAPORE

REITs

Keppel REIT divests stake in Brisbane property for A$275 mil

Keppel REIT is expected to recognise an estimated gain of A$9.8 mil from the sale.
Frasers Hospitality Trust reports 46% y-o-y drop in DPS for 1H21 to 0.179 cents - THE EDGE SINGAPORE

Results

Frasers Hospitality Trust reports 46% y-o-y drop in DPS for 1H21 to 0.179 cents

FHT retained $5.2 mil or 60% of distributable income to conserve cash.
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