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Dasin Retail Trust (DRT)
REITs
Dasin Retail Trust issues 120.5mil new units following private placement; to raise up to $94m in rights issue
The new units will be listed and quoted on the mainboard of the Singapore Exchange (SGX) at 9 a.m. today.
July 07, 2020
Broker's Calls
'Recovery underway' for Dasin Retail Trust: Phillip Capital
Phillip Capital is maintaining its “buy” or “accumulate” call on Dasin Retail Trust with a 91 cent price target after 1Q20 revenue and net property income (NPI) came in below its forecasts.
May 27, 2020
M&A
Dasin Retail Trust to acquire Guangdong mall for $275 mil
SINGAPORE (July 1): The trustee-manager of Dasin Retail Trust (DRT) is acquiring Documen Metro Mall in China for $274.8 million.
July 01, 2019
In print this week
SGX explains why Singapore is Asia's largest global REIT platform
(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various
May 06, 2019
Broker's Calls
Dasin unlikely to be hit by removal of income support in FY2021: Phillip
SINGAPORE (May 28): Phillip Securities is keeping Dasin Retail Trust at “buy” given DPU would take a slight hit when income support is cut in FY2021 and with all four malls operating at 100% occupancy.
May 28, 2018
Results
Dasin Retail Trust's 4Q DPU of 1.96 cents dips 2% lower than forecast
SINGAPORE (Feb 27): The trustee-manager of Dasin Retail Trust (DRT) has posted distribution per unit (DPU) of 1.96 cents for the 4Q ended December, some 2% lower than forecast 4Q DPU of 1.99 cents.
February 27, 2018