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distribution per unit (DPU)
Results
Frasers Centrepoint Trust reports flat 2Q DPU of 3.04 cents
SINGAPORE (April 25): The manager of Frasers Centrepoint Trust (FCT) has declared a 2Q17 distribution per unit (DPU) of 3.04 cents, unchanged from a year ago.
April 25, 2017
Results
Mapletree Industrial Trust’s FY16/17 DPU rises 2.2% to 11.39 cents
SINGAPORE (April 24): The manager of Mapletree Industrial Trust (MIT) has announced a 2.5% y-o-y rise in 4Q distribution per unit (DPU) to 2.88 cents. This brings DPU for FY16/17 to 11.39 cents, 2.2% higher than the previous year’s DPU of 11.15 cents.
April 24, 2017
Broker's Calls
Can CapitaLand Mall Trust withstand the prolonged retail headwinds?
SINGAPORE (April 21): OCBC Investment Research and RHB are reiterating their respective “buy” and “hold” calls with a fair value estimate of $2.20 and $2.07 target price, after the manager of CapitaLand Mall Trust (CMT) reported a 1Q17 distributio
April 21, 2017
Results
Frasers Commercial Trust posts 2.4% rise in 2Q DPU to 2.51 cents
SINGAPORE (April 21): The manager of Frasers Commercial Trust (FCOT) has announced a 2Q17 distribution per unit (DPU) of 2.51 cents, 2.4% higher than the 2.45 cents posted a year ago.
April 21, 2017
Results
CapitaLand Mall Trust 1Q DPU comes in flat at 2.73 cents
SINGAPORE (April 20): The manager of CapitaLand Mall Trust has announced a distribution per unit (DPU) of 2.73 cents for the first quarter ended March 31, unchanged from a year ago.
April 20, 2017
Broker's Calls
Keppel Infrastructure Trust expected to kick off M&A ambitions in FY17
SINGAPORE (April 18): DBS Vickers Securities is maintaining its “buy” call on Keppel Infrastructure Trust (KIT) with an unchanged price target of 56 cents, after its trustee-manager on Monday declared a distribution per unit (DPU) of 0.93 cent for 1Q1
April 18, 2017
Broker's Calls
Stand down on Ascott REIT in wake of rights issue and acquisitions
SINGAPORE (March 8): UOB Kay Hian has downgraded its call on Ascott Residence Trust (Ascott REIT) to “hold” from “buy” previously, following Tuesday’s announcement of its $442.7 million rights issue to acquire Ascott Orchard Singapore, Citadines
March 08, 2017
Sabana REIT dismisses relevance of unitholder’s claim, will convene EGM ‘as soon as practicable’
SINGAPORE (Feb 20): The manager of Sabana Shari’ah Compliant Industrial REIT (Sabana REIT) is disputing the claims of Jerry Low Chin Yee, a unitholder who, among other accusations, is challenging the objectivity and independence of valuation reports con
February 20, 2017
In print this week
All has been smooth-sailing for this REIT since IPO
SINGAPORE (Feb 17): Amid growing concerns about the state of locally listed industrial property trusts, Frasers Logistics and Industrial Trust (FLT), which is part of the Frasers Centrepoint group, has been performing well since its IPO last June.
February 17, 2017
Results
Croesus Retail Trust’s 2Q DPU rises 5.2% to 1.81 cents
SINGAPORE (Feb 14): Croesus Retail Trust (CRT) has announced a distribution per unit (DPU) of 1.81 cents for 2Q17 ended Dec 31.
February 14, 2017