CEO of the manager

AIMS APAC REIT posts 42% higher 4Q21 DPU of 2.9 cents, but 6% lower FY21 DPU - THE EDGE SINGAPORE

Results

AIMS APAC REIT posts 42% higher 4Q21 DPU of 2.9 cents, but 6% lower FY21 DPU

Unitholders can expect to receive their distributions on June 24.
OUE C-REIT reports 2.7% higher distributable income of $37.1 mil in 1Q21 - THE EDGE SINGAPORE

Results

OUE C-REIT reports 2.7% higher distributable income of $37.1 mil in 1Q21

The REIT reported 1.6% lower NPI of $61.1 million mainly due to the provision of rental rebates to selected tenants.
Keppel DC REIT to invest $87 mil in M1's network assets    - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Keppel DC REIT to invest $87 mil in M1's network assets

The REIT will invest in an SPV that will own and operate M1's current mobile, fixed and fibre assets.
IREIT Global ventures into France with purchase of 27 properties from Decathlon for EUR111 mil - THE EDGE SINGAPORE

REITs

IREIT Global ventures into France with purchase of 27 properties from Decathlon for EUR111 mil

All of the properties will be leased back to Decathlon through a 10-year sale and leaseback agreement.
AIMS APAC REIT sees opportunities for expansion with redesignations - THE EDGE SINGAPORE

REITs

AIMS APAC REIT sees opportunities for expansion with redesignations

Units in AA REIT closed 1 cent higher or 0.8% up at $1.32 on March 25.
Far East Hospitality Trust posts 30.7% lower DPS of 1.38 cents for 2H20 - THE EDGE SINGAPORE

Results

Far East Hospitality Trust posts 30.7% lower DPS of 1.38 cents for 2H20

This brings DPS for the FY2020 to 2.41 cents, 36.7% lower than DPS of 3.81 cents in FY2019.
Manulife US REIT posts 11.3% lower 2H20 DPU of 2.59 US cents on lower property income and provision for expected credit losses - THE EDGE SINGAPORE

Results

Manulife US REIT posts 11.3% lower 2H20 DPU of 2.59 US cents on lower property income and provision for expected credit losses

FY2020 DPU fell 5.4% y-o-y to 5.65 US cents compared to 5.96 US cents in FY2019.
Parkway Life REIT divests non-core property in Japan for $37.1 mil - THE EDGE SINGAPORE

Property

Parkway Life REIT divests non-core property in Japan for $37.1 mil

The total sale consideration is 20.3% above the latest valuation and 19.8% above the net book value.
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